The Collaborative International Dictionary of English v.0.48:

Chip \Chip\, v. i.
   To break or fly off in small pieces.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Chip \Chip\, n.
   1. A piece of wood, stone, or other substance, separated by
      an ax, chisel, or cutting instrument.
      [1913 Webster]

   2. A fragment or piece broken off; a small piece.
      [1913 Webster]

   3. Wood or Cuban palm leaf split into slips, or straw plaited
      in a special manner, for making hats or bonnets.
      [1913 Webster]

   4. Anything dried up, withered, or without flavor; -- used
      contemptuously.
      [1913 Webster]

   5. One of the counters used in poker and other games.
      [1913 Webster]

   6. (Naut.) The triangular piece of wood attached to the log
      line.
      [1913 Webster]

   Buffalo chips. See under Buffalo.

   Chip ax, a small ax for chipping timber into shape.

   Chip bonnet, Chip hat, a bonnet or a hat made of Chip.
      See Chip, n., 3.

   A chip off the old block, a child who resembles either of
      his parents. [Colloq.] --Milton.

   Potato chips, Saratoga chips, thin slices of raw potato
      fried crisp.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Chip \Chip\ (ch[i^]p), v. t. [imp. & p. p. Chipped (ch[i^]pt);
   p. pr. & vb. n. Chipping.] [Cf. G. kippen to cut off the
   edge, to clip, pare. Cf. Chop to cut.]
   1. To cut small pieces from; to diminish or reduce to shape,
      by cutting away a little at a time; to hew. --Shak.
      [1913 Webster]

   2. To break or crack, or crack off a portion of, as of an
      eggshell in hatching, or a piece of crockery.
      [1913 Webster]

   3. To bet, as with chips in the game of poker.
      [1913 Webster]

   To chip in, to contribute, as to a fund; to share in the
      risks or expenses of. [Slang. U. S.]
      [1913 Webster]

WordNet (r) 3.0 (2006):

chip
    n 1: a small fragment of something broken off from the whole; "a
         bit of rock caught him in the eye" [syn: bit, chip,
         flake, fleck, scrap]
    2: a triangular wooden float attached to the end of a log line
    3: a piece of dried bovine dung [syn: chip, cow chip, cow
       dung, buffalo chip]
    4: a thin crisp slice of potato fried in deep fat [syn: chip,
       crisp, potato chip, Saratoga chip]
    5: a mark left after a small piece has been chopped or broken
       off of something [syn: check, chip]
    6: a small disk-shaped counter used to represent money when
       gambling [syn: chip, poker chip]
    7: electronic equipment consisting of a small crystal of a
       silicon semiconductor fabricated to carry out a number of
       electronic functions in an integrated circuit [syn: chip,
       microchip, micro chip, silicon chip, microprocessor
       chip]
    8: (golf) a low running approach shot [syn: chip, chip shot]
    9: the act of chipping something [syn: chip, chipping,
       splintering]
    v 1: break off (a piece from a whole); "Her tooth chipped" [syn:
         chip, chip off, come off, break away, break off]
    2: cut a nick into [syn: nick, chip]
    3: play a chip shot
    4: form by chipping; "They chipped their names in the stone"
    5: break a small piece off from; "chip the glass"; "chip a
       tooth" [syn: chip, knap, cut off, break off]

Moby Thesaurus II by Grady Ward, 1.0:

176 Moby Thesaurus words for "chip":
   abrade, abrasion, air, bark, bit, blemish, bloody, breach, break,
   break in, breakage, bubble, burn, burst, bust, butt, chafe, chaff,
   check, cheep, chime in, chip in, chipper, chirm, chirrup, chisel,
   chitter, chunk, claw, cleft, clip, clipping, cobweb, collop,
   concussion, contribute, cork, counter, crack, crackle, craze,
   crumb, cut, cutting, dandruff, dollop, down, dust, end, ether,
   exfoliate, fairy, feather, fissure, flake, flash burn, floccule,
   flocculus, flock, flue, fluff, foam, fracture, fragment, fray,
   frazzle, fret, froth, fuzz, gall, gap, gash, gob, gobbet, gossamer,
   hew, hunk, hurt, incise, incision, injure, injury, intercede,
   interfere, interpose, interrupt, intrude, lacerate, laceration,
   lesion, lump, maim, make mincemeat of, marker, maul, modicum,
   moiety, morceau, morsel, mortal wound, mote, mutilate, mutilation,
   nip, paring, participate, particle, patch, peep, piece, pierce,
   plaque, puncture, rasher, rend, rent, rift, rip, run, rupture,
   savage, scald, scale, scoop, scorch, scotch, scrap, scrape,
   scratch, scuff, scurf, second-degree burn, shard, shaving, shiver,
   shred, skin, slash, slice, slit, sliver, smithereen, snack, snap,
   snatch, snick, snip, snippet, sore, splinter, split, sponge,
   sprain, spume, stab, stab wound, stick, stitch, strain, straw,
   stump, tag, tatter, tear, third-degree burn, thistledown, token,
   trauma, traumatize, tweedle, tweet, twitter, whittle, wound,
   wounds immedicable, wrench



The Free On-line Dictionary of Computing (30 December 2018):

CHIP

   

   1. An early system on the IBM 1130.

   [Listed in CACM 2(5):16, May 1959].

   (2004-09-14)

   2. Constraint Handling In Prolog.


The Free On-line Dictionary of Computing (30 December 2018):

integrated circuit
chip
silicon chip

    (IC, or "chip") A microelectronic
   semiconductor device consisting of many interconnected
   transistors and other components.  ICs are constructed
   ("fabricated") on a small rectangle (a "die") cut from a
   Silicon (or for special applications, Sapphire) wafer.  This
   is known as the "substrate".  Different areas of the substrate
   are "doped" with other elements to make them either "p-type"
   or "n-type" and polysilicon or aluminium tracks are etched in
   one to three layers deposited over the surface.  The die is
   then connected into a package using gold wires which are
   welded to "pads", usually found around the edge of the die.

   Integrated circuits can be classified into analogue, digital
   and hybrid (both analogue and digital on the same chip).
   Digital integrated circuits can contain anything from one to
   millions of logic gates - inverters, AND, OR, NAND
   and NOR gates, flip-flops, multiplexors etc. on a few
   square millimeters.  The small size of these circuits allows
   high speed, low power dissipation, and reduced manufacturing
   cost compared with board-level integration.

   The first integrated circuits contained only a few
   transistors.  Small Scale Integration (SSI) brought
   circuits containing transistors numbered in the tens.  Later,
   Medium Scale Integration (MSI) contained hundreds of
   transistors.  Further development lead to Large Scale
   Integration (LSI) (thousands), and VLSI (hundreds of
   thousands and beyond).  In 1986 the first one megabyte RAM
   was introduced which contained more than one million
   transistors.

   LSI circuits began to be produced in large quantities around
   1970 for computer main memories and pocket calculators.  For
   the first time it became possible to fabricate a CPU or even
   an entire microprocesor on a single integrated circuit.  The
   most extreme technique is wafer-scale integration which uses
   whole uncut wafers as components.

   [Where and when was the term "chip" introduced?]

   (1997-07-03)