The document discusses VLSI interconnects and their impact on integrated circuit performance. As technology scales, interconnect delay becomes more dominant compared to gate delay. Interconnects introduce parasitic resistances, capacitances, and inductances that increase propagation delay and power dissipation. Repeater insertion and alternative low-resistance metals like copper can help reduce delay. Emerging technologies like carbon nanotubes have the potential to further improve interconnect performance due to their low resistance and capacitance.