In what year was the microchip developed?

The microchip, also known as an integrated circuit, was developed in 1958 by Jack Kilby at Texas Instruments, and simultaneously by Robert Noyce at Fairchild Semiconductor. This innovation marked a significant advancement in electronics, allowing multiple transistors to be integrated onto a single piece of semiconductor material, which greatly reduced the size and cost of electronic devices while enhancing performance and efficiency. The development of the microchip is a pivotal event in the history of technology, leading to the modern computer revolution and the widespread use of electronic devices in everyday life.