So, how do you go about impressing the world after busting out a few systems based around the "fastest chip on Earth?" By getting us all worked up for a little thing called racetrack memory, that's how. Far from being the first memory technology that runs laps around the DIMMs we're relying on today, IBM researchers are suggesting that this iteration could enable users to store substantially more data at a lower cost and be available in around a decade. Put simply, the gurus working the project have discovered a way to overcome the prohibitively expensive process of manipulating domain walls in magnetic storage, essentially making a long-standing approach entirely more viable. If you're totally in nerd heaven right now, we assure you, checking out the explanatory video waiting after the jump is a must-do.

[Via BBC]