This is great news! Ever since first hearing about the memristor we have been wondering how long it will be before we see it show up in commercial applications. While 8 memristors for $249 is not very useful it is a very encouraging sign. Just imagine an FPGA made with memristors instead of transistors…
For the last few years, the people in the know have been wondering about the memristor. The simplest explanation of what a memristor is comes from the name itself – it’s a memory resistor. In practice it’s a little more complex, but this basic understanding is enough to convey the fact that it’s a resistor that changes its resistance based on how much current has gone through it. The memristor was first described in the 70s by [Leon Chua], the idea sat in journals for nearly forty years, and in 2008 a working memristor was created by HP Labs.