Crossbar says it can put a terabyte of nonvolatile Resistive Random Access Memory (RRAM) on a single small chip. Access times are 20 times faster than flash. The structure of the chip is three dimensional, meaning that the storage capacity is proportional to the volume of the chip, not the area (as is true for conventional DRAM or flash memory). This offers the potential of fully electronic nonvolatile RAM with capacities equaling or exceeding those of rotating magnetic memory.
Hard disks and tape are gonna die. The only question is when...
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