Intel and Micron Introduced a new form of Non-Volatile Memory architecture that is 1000 times faster than NAND Flash Ram as well as being many times more durable and long lasting.
This could revolutionize computing and long term memory storage like SSDs and Memory Cards. And Media storage for Video and Audio Recorders could be increased in speed and access time dramatically... It is set to go into production by 2016 with samples delivered later this year.
Read more here:
http://www.cnet.com/news/intel-and-micron-debut-3d-xpoint-storage-technology-thats-1000-times-faster-than-existing-drives/