The document discusses the Intel 8254 programmable interval timer/counter chip. It provides three independent 16-bit counters that can generate timing signals and time delays under software control. The 8254 has applications in real-time clocks, event counters, waveform generation and motor control. It interfaces with microprocessors through control and data lines. Counters are programmed by writing control words and initial counts, and can be read through simple reads, latching commands, or status read-back commands.