The correct spelling of the term "neural network chip" is ˈnʊrəl ˈnɛtˌwɜrk tʃɪp. The word "neural" is pronounced as "nʊrəl" which is the correct phonetic spelling of the word that refers to the nervous system or a network of neurons. Meanwhile, "network" is phonetically spelled as "ˈnɛtˌwɜrk", which describes a system of interconnected things or people. Lastly, the word "chip" is pronounced as "tʃɪp", which refers to a small piece of something or an electronic device. Together, these words form the term "neural network chip" which denotes a computer hardware that can simulate the function of the human brain.