Microprocessor
FPGA means

 Forward Programmable Gate Array
 Forward Parallel Gate Array
 Field Programmable Gate Array
 Field Parallel Gate Array

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Microprocessor
A high on RESET OUT signifies that

 processing can begin when this signal goes high
 all the registers and counters are being reset and this signal can be used to reset external support chip
 all the registers and counters are being reset
 all the registers of the CPU are being reset

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