"A graphite memory cell is composed of sheets of graphite deposited between two electrodes. The two-electrode design of graphitic memory differs from that of flash memory, which requires a "source," a "drain," and a "gate" to hold electric charge--essentially the bits of data. Because flash memory must store charge on the gates, which tend to leak, the cells wear out over time. "Researchers have also been experimenting with graphene and carbon nanotubes, but manufacturing processes which involve these two components are considerably slower than graphite.
Technologyreview.com

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