The BIOS (Basic Input/Output System) chip on a hard drive PCB contains the firmware that controls the initialization and configuration of the hard drive when it is powered on. It provides the necessary information to the computer's operating system to enable it to communicate with the hard drive. The BIOS chip also contains the unique parameters of the hard drive, such as its model number, serial number, and capacity. This information is used by the computer to identify and access the hard drive correctly. Without the BIOS chip, the hard drive would not be able to communicate with the computer, and the data on the hard drive would be inaccessible.