The Central Processing Unit (CPU) carries out the instructions of a computer program and is often referred to as the 'chip'.
The component that carries out the instructions of a computer program and is often referred to as the 'chip' is the Central Processing Unit (CPU). The CPU is the main component of a computer system and it performs most of the processing inside a computer. It executes instructions, performs calculations, and manages the flow of data between different parts of the computer.