Overheard: Memristor is ultimate unifying storage technology

The Memristor is the [so called] fourth basic circuit device after the capacitor, the resistor and the inductor. Like the capacitor, the Memristor has a memory; it remembers the amount of charge that goes through it and will change its resistance according to the amount of charge that flowed through it… Desire Athow, HP boffins design Memristor device; could replace DRAM technology one day

The technology called Memory Resistor or Memristor could bring forth a new generation of computer which would power-on instantly [no boot required] and could be used to process information in a similar fashion as the human brain. More importantly, it could mean that HP has discovered the ultimate, “unifying” storage technology, which combines DRAM and Magnetic storage properties.