Biochips are small devices made from materials like silicon and plastic that can analyze thousands of biological elements simultaneously. They contain arrays of biosensors and can perform many reactions quickly. Key applications of biochips include disease diagnosis, drug development, and analyzing gene expression. The document discusses the components of biochips like transponders and readers. It also describes different types of biochips such as DNA microarrays, protein microarrays, and microfluidic chips. Finally, potential medical uses of biochips are presented, including sensors for glucose levels, oxygen levels, and blood pressure.