IBM has developed the world’s first 2nm chip with claims that it has a performance similar to a 7nm chip while consuming 75 percent less power.  

The company claimed it has taken a major leap in chip technology by developing the first 2nm chip. IBM said that it squeezed 50 billion transistors onto the 2nm chip that equals the size of a fingernail.

The new chip technology will aid the processor makers in delivering a 45-percent performance boost using the same amount of power as used by 7nm-based chips. As such, IBM believes that the devices with 2nm-based processors will allow for both better performance and improved power consumption. 

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