/gips/ or /jips/ [Analogy with MIPs] Giga-Instructions per second (or possibly "Gillions of Instructions per second" see gillion). In 1991, this was used of only a handful of highly parallel machines and one sequential processor built with {Josephson device}s. {DEC}' s {Alpha AXP 21164} processor was the first commercially available 1 GIPssequential processor (7 sep 1994). Compare KIPs. ["A 1-GIPs Josephson Data Processor", Yuji Hatano et al, IEEE J solid state Circuits, vol 26, 6, June 1991] [Jargon File] (1994-11-02)