Total memory = \( 2^{16} \times 24 \) bits
Each chip = \( 2^{10} \times 8 \) bits
\[
\text{Total bits} = 65536 \times 24 = 1,572,864\ \text{bits}
\]
\[
\text{Each chip stores} = 1024 \times 8 = 8192\ \text{bits}
\]
\[
\text{Chips needed} = \frac{1572864}{8192} = 192
\]