Researchers have built a device that increases computer chip processing speed by 1000 times — but without generating extra heat, potentially ushering in a new generation of devices, but you won't get one for several years at least

University of Tokyo non-volatile quantum switching.

• Quantum switching element delivers ultra-fast processing with minimal heat
• Device stores bits using magnetic electron properties instead of electricity
• Laboratory chip achieves 40 picosecond processing speed in experiments

A research team from the University of Tokyo has developed a device called a non-volatile quantum switching element which increases information processing speeds by 1000x without generating extra heat.