Memristors: Nobel Material

Mark my words:  Memristors will win the Nobel Prize in Physics someday.  These devices are interesting from a scientific perspective because they represent a fourth circuit element (in addition to resistors, capacitors, and inductors) that was predicted 37 years ago. From a practical standpoint, they may make it possible to replace some of the transistors in computer chips in a several-to-one ratio, resulting in smaller chips for a given functionality or more functionality for a given chip size. This is a Huge Deal. Additionally, since synapses behave a bit like memristors, memristors may be used to implement neural networks.