It could be decades before they can actually make this stuff commercially,
but ... wow.

http://www.theinquirer.net/gb/inquirer/news/2008/05/01/hp-invents-something

*---
*

*APRIL 30TH 2008 *might well go down in electronics history. Megaboffins at
the HP Labs in Palo Alto have conjured up something that was theorised back
in 1971 (by Leon Chua at UC Berkeley), a fourth basic element of
electronics: the memristor (a non-linear resistor with memory).

....

"This technology has the potential to provide the speed of DRAM with the
storage ability of non-volatile memory, gradually replacing both. In fact,
memristors have tremendous potential in just about everything electronic and
could potentially usher in a new age of computing and storage, real-time and
power efficient, that would allow any sort of memory-based product to be
instant-on/instant off with no loss of data or power consumption."


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