The Memristor is Discovered

A fourth fundamental type of passive circuit element, the memristor, thought to exist in theory since the 70s, has been proven to work. This is a big deal for digital technology, having the potential to replace transistors and allow for far greater chip density. It will also likely replace RAM and current hard-drive technology, since accessing a crossbar latch (don't ask) built out of memristors takes one tenth the time it takes to access current DRAM technology, and HP has already prototyped a crossbar latch memory that can fit 100 gigabits in a square centimeter versus the 16 gigabits held in the highest-density flash memories on the market today. As the Wikipedia article notes, the memristor has been lovingly, and somewhat appropriately, nicknamed the "flux capacitor" by some.