The 8255 Programmable Peripheral Interface chip is used to interface I/O devices with microprocessors. It has 3 ports - Port A, Port B, and Port C. Port C has two independent 4-bit ports. The 8255 can operate in I/O mode or Bit Set/Reset mode. In I/O mode, the ports can be configured for basic, strobed, or bidirectional I/O. The mode and port configurations are set using control words written to the chip.