The BIOS is firmware that initializes hardware and allows an operating system to load. It is stored on a chip on the motherboard. When a computer powers on, the BIOS performs a power-on self-test of components and initializes devices. It then loads a bootstrap program from the hard disk or other boot device to launch the operating system. The BIOS setup program allows configuring system settings like date/time, drives, and boot options, which are stored on the motherboard in CMOS memory powered by a battery. Common BIOS manufacturers include American Megatrends, Insyde Software, and Phoenix Technologies.