A chip generator according to an embodiment of the present invention codifies designer knowledge and design trade-offs into a template that can be used to create many different chips. Like reconfigurable designs, an embodiment of the present invention fixes the top level system architecture, amortizes software and validation and design costs, and enables a rich system simulation environment for application developers. Meanwhile, below the top level, the developer can “program” the individual inner components of the architecture. Unlike reconfigurable chips, a chip generator according to an embodiment of the present invention, compiles the program to create a customized chip. This compilation process occurs at elaboration time—long before silicon is fabricated. The result is a framework that enables more customization of the generated chip at the architectural level because additional components and logic can be added if the customization process requires it.