This is very cool. From way back in 1971 a professor Leon Chua at the University of California (Berkeley) wrote a paper describing four basic passive electrical components: resistors, capacitors, inductors, and memristors. Until this year, the last one of these was only theoretical in nature, but some bright folks have finally cracked it.

This is likely to crack open a whole boatload of new types of circuits and electronic applications. Very, very cool.

When Chua wrote his seminal paper, he used mathematics to deduce the existence of a fourth circuit element type after resistors, capacitors and inductors, which he called a memristor, because it "remembers" changes in the current passing through it by changing its resistance. Now HP claims to have discovered the first instance of a memristor, which it created with a bi-level titanium dioxide thin-film that changes its resistance when current passes through it.

"This new circuit element solves many problems with circuitry today--since it improves in performance as you scale it down to smaller and smaller sizes," said Chua. "Memristors will enable very small nanoscale devices to be made without generating all the excess heat that scaling down transistors is causing today."

This is very cool. From way back in 1971 a professor Leon Chua at the University of California (Berkeley) wrote a paper describing four basic passive electrical components: resistors, capacitors, inductors, and memristors. Until this year, the last one of these was only theoretical in nature, but some bright folks have finally cracked it.

Basically, its a substrate that exhibits a permanent(?) resistance change due to past current history. You could use them to make extremely fast, dense solid state storage devices.