Specifically, the potential benefits of 2nm chips include the following:
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The battery life of the phone has quadrupled, and users can use it for four days on a single charge;
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Significantly reduce energy use in data centers;
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Significantly improve laptop performance, such as faster running of applications, language translation and Internet access;
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Helps self-driving cars achieve faster target detection and reaction times.
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In more specific detail, IBM's 2nm chip holds 333 million transistors per square millimeter, compared to 171.3 million transistors per square millimeter on TSMC's 5nm chip and 127 million transistors per square millimeter on Samsung's 5nm chip.
Compared to the current state-of-the-art 7-nanometer chips, the new chip is expected to improve performance by 45 percent and reduce energy consumption by about 75 percent.
Production of the 2-nanometer chip is expected to begin in late 2024 or 2025, but that will not be enough to ease the current global chip shortage.
In addition, IBM plans to use the 2-nanometer chip to develop its own future technology products to help improve competitiveness.