Spin transistor
The magnetically sensitive transistor (also known as the spin transistor or spintronic transistor—named for spintronics, the technology which this development spawned), originally proposed in 1990 and currently still being developed, is an improved design on the common transistor invented in the 1940s. The spin transistor comes about as a result of research on the ability of electrons (and other fermions) to naturally exhibit one of two (and only two) states of spin: known as "spin up" and "spin down". Unlike its namesake predecessor, which operates on an electric current, spin transistors operate on electrons on a more fundamental level; it is essentially the application of electrons set in particular states of spin to store information.