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What are the differences and similarities between FPGA, ASIC and a Microcontroller?

What is an ASIC? An ASIC, an application specific IC or chip is targeted towards a use case (or use cases). It means it is specifically designed functionality which can be sold in high volume. An ASIC consists of analog and/or digital functionality connected to the pads of the chip. These pads are connected via bond wires to the pins visible outside a chip ....

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