One form of spintronics is already familiar to computer users: magneto-resistance (a change in electrical resistance caused by a magnetic field) is used to store data on magnetic hard drives. An exciting new form of nonvolatile memory based on spintronics called MRAM (magnetic random-access memory) is expected to enter the market within a few years. Like hard drives, MRAM memory retains its data without power but uses no moving parts and will have speeds and rewritability comparable to conventional RAM.
