Researchers based at Intel and the University of California Santa Barbara are preparing to announce the development of a silicon based chip capable of transferring information to another chip using laser light. The announcement, scheduled for Monday, is expected to shake the computing and telecommunication industries. Why the shake-up? The largest bottleneck in the transmission of information from chip to chip has been the fact that information was transferred over wires. With this hurdle cleared the speed at which information can be sent and received is virtually limitless.