The document discusses the Chameleon Chip, a reconfigurable processor that can rewire itself dynamically to adapt to different software tasks. It contains reconfigurable processing fabric divided into slices that can be reconfigured independently. Algorithms are loaded sequentially onto the fabric for high performance. The chip architecture includes an ARC processor, memory controller, PCI controller, and programmable I/O. Its applications include wireless base stations, wireless local loops, and software-defined radio.