Electrons are fleeting. Magnets remember. That's the reason your computer stores data permanently in a magnetic hard drive, but uses semiconductor electronics for the random-access memory (RAM) that runs software. Problem is, once you cut the juice, the data in this short-term memory disappears. That's why Windows has to re-boot every time-your PC is transferring the program from the hard drive onto the RAM chips.

So it's not surprising that some of the world's largest microelectronics makers are racing to develop magnetic RAM that could provide computers with a fast and cheap "instant on." Scientists at IBM's Almaden Research Center say they have now fabricated a crude magnetic RAM prototype containing 500 working memory cells (each cell represents a bit of memory) by sandwiching aluminum between ultrathin layers of a ferromagnetic metal alloy. The prototype has storage density as good as DRAM (dynamic random access memory), the most common type of semiconductor memory, but reads and writes information 20 times faster while consuming less than than one hundredth the energy.