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IBM reveals the world's smallest and fastest computer chip. Now what?

The new chips are some of the first to be made with 7 nanometer transistors 鈥 half the size of those normally used.

An alliance led by IBM Research has produced the semiconductor industry's first 7 nanometer node test chips with functional transistors.

Darryl Bautista/IBM/AP

July 9, 2015

IBM has created a computer chip with roughly of today鈥檚 most powerful chips, The New York Times reports.

These tiny but powerful chips will help "produce the next generations of servers and storage systems for cloud computing, big data analytics, and cognitive computing," IBM VP聽Mukesh Khare on IBM's Smarter Planet blog.

The new chips are some of the first to be made with 鈥 half the size of those commonly used today, reports TIME.

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A nanometer is about聽1/10,000th the width of a human hair, Supratik Guha, IBM Research鈥檚 director of physical science, so about聽.

What's the secret? 聽from pure silicon to silicon-germanium. The switch allows transistors to use less power and sit more densely on a chip.

The manufacturing process also uses "," a form of lithography that companies have struggled to perfect for more than two decades, according to The Wall Street Journal.

鈥淚鈥檓 not surprised, because this is exactly what the road map predicted, but this is fantastic,鈥 Subhashish Mitra, an electrical engineer at Stanford University, told The New York Times.

But it will take time for consumers to see results in the gadgets they use everyday.

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Chips that take advantage of the 7 nanometer production process won't become commercially available聽for several years, .

Nevertheless, the new development will help IBM and their manufacturing partners put pressure on competitors like Intel.

IBM has committed to spending $3 billion on chip research and development, according to their blog. Developing this new, submicroscopic transistor means that Moore鈥檚 Law, which says , can still hold true, despite earlier worries that chip makers were nearing the limit of transistor density in processors.