IBM Corp. and Infineon Technologies AG have announced a joint project to develop Magnetic Random Access Memory (MRAM) technology. MRAM stores data with magnetic charges, rather than electrical, so the chips will reportedly hold more and access it faster using less power than electronic memory. MRAM would also make instant-on computers possible.
IBM Research pioneered the technology in 1974 and built a working MRAM chip in 1998. Infineon brings expertise in high-density semiconductor memory to the project. Other IC companies, including Motorola Inc., are working on similar projects.