What’s the big deal about a 7 nanometre chip?

HYDERABAD: Let’s begin with this: 7nm technology is super-fast, powerful and rare. It will get your phones and computers zipping much faster. And that's great news for a host of industries—gaming companies to ecommerce firms. It means billions of dollars in savings and additional transactions.

7nm chips are in the news here because an Indian company, Invecas, has struck a partnership to design its building blocks, or intellectual property, for US semiconductor foundry GlobalFoundries.