HP: 'We have the next transistor'
HP says it develops technology to replace transistor
"NEW YORK (Reuters) - Hewlett-Packard Co. said Tuesday that its researchers have proven that a technology they invented could eventually replace the transistor, a fundamental building block of computers.
In a paper published in Tuesday's Journal of Applied Physics, HP said three members of its Quantum Science Research group propose and demonstrate a 'crossbar latch,' which provides the signal restoration and inversion required for general computing without the need for transistors.
HP said in a statement that the technology could result in computers that are thousands of times more powerful than those that exist today."