The chip, called Holey Optochip, is a parallel optical transceiver consisting of both a transmitter and a receiver, and is designed to handle the large amount of data created and transmitted over corporate and consumer networks as a result of new applications and services. It is expected to power future supercomputer and data center applications, an area where IBM already uses optical technology.

via IBM optical chip moves data at 1Tbps | Computer Hardware – InfoWorld.