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."
