Normally no. The introduction of the chip was because the magnetic strip could get demagnetized easily.

However, chip cards can be read easily with a pocket reader. If you have your card in your wallet in your back pocket, it has been shown that your info can be stolen that way.

Many of the new Chip cards are also RFID (Radio Frequency Identification) enabled, meaning they can be energized and read remotely. While usually within 2–4inches, it may be possible for a longer distance.

As to the chip, while protected from normal antistatic shocks, it is possible to apply a high voltage across a couple of the pads and burn it out such as across the GND (Ground) and VPP (Chip Programming Voltage) or VCC (chip Voltage)

RFID works by creating a magnetic field from a coil of wire, usually in a card reader or door badge scanner, but can be carried covertly. For stores preventing theft, at the doors, there will be these stands you have to walk through, although you could easily hide a coil around the frame of the door. As the coil inside the credit card passes through this magnetic field, it generates electricity to power the chip which powers up and transmits its data. All of this happens in less than one second.

Something like this would be built into your passport, credit card, company ID badge, or product theft label. The chip is extremely small and is shown in the middle of the antenna. The larger the surface area of the antenna, and more loops, the more energy you can get from the field you are walking or passing the card through.

To prevent RFID reading when in your pocket, you need one of the card wallets sold for this purpose that has metal plates to block the RFID energy pulse.

Jakob Scherer：
There is no definition of what a chip is, but it typically means an electronic component. A subset of chips are the semiconductor chips and encompass several technologies like Silicon, Germanium, and others as the base material. A semiconductor chip may be a single transistor or a diode or other discrete components with single functions, or it may contain multiple components integrated on a single chip, called an integrated circuit. An integrated circuit may be relatively simple with only a handful of active elements, like logic gate chips, or it could be very complex with millions or billions of active elements, like microcomputer chips or memories. So all integrated circuits are chips, but not all chips are integrated circuits.

William Mays：
I assert that a thick-film integrated circuit, or a thin-film integrated circuit, are not to be called “chips”, the term “chip” is reserved for a semiconductor part.

Jakob Scherer：
You are right. Unless the thick- or thin-film circuit is purely passive, it probably has chips on it, packet or naked.

Oisin Daffyd：
It’s the same difference as there is between a bicycle and a bike, a plane and an aircraft.

A single component by the way is an SMD (Surface Mounted Device) and in over 40 years of experience in servicing, I’ve never heard it referred to as a ‘chip’

Jakob Scherer：
An active SMD device has one (or several) semiconductor chips in it. It could be a single function or an IC chip. I started working about the same time as you for a company that builds automatic machines to put chips into devices. Such machines are called die bonders. They are widely used to pick chips from cut wafers and glue them onto lead frames as the first step to make SMD devices.