Racetrack memory edges closer

Racetrack memory promises GBs of storage for pennies - but not just yet
Racetrack memory promises GBs of storage for pennies - but not just yet

Scientists at the University of Leeds and IBM Research's Zurich lab have got one step closer to producing 'racetrack' memory - a new kind of solid-state storage that promises to be 100 times cheaper than flash memory SSDs.

Racetrack memory, a concept invented by Stuart Parkin at IBM Research's Almaden Lab, has no moving parts - instead it is the information which moves.