Superconductivity offers unique and quite important performance
features to future supercomputing systems. The logic gates operate
with picosecond ( sec) delays while dissipating microwatts of
power. Second, since the conductors have zero resistance at DC and
very low loss at multi-gigahertz frequencies, it is possible to exploit
very wide-band, impedance-matched transmission lines (a) on-chip, (b)
between chips and (c) between multichip modules (MCMs). In
combination, these features enable the construction of a supercomputer
processor with a multi-gigahertz clock rate. The very low power
consumption allows it to have a very small size, greatly alleviating
the ``time-of-flight'' problem inherent in multi-gigahertz clock
systems. The device technology and the other necessary building blocks
are sufficiently advanced today that a program to integrate them into a
demonstration system should be established. The essential hardware
ingredients required to assemble a machine based upon superconductivity
are logic, memory, and interconnect.