North Carolina State University engineers have created a new fingernail-size chip that can hold 1 trillion bytes (a terabyte) of data — 50 times the capacity of today’s best silicon-based chip technologies.

The engineers’ discovery also advances knowledge in the emerging field of “spintronics,” which is dedicated to harnessing energy produced by the spinning of electrons. Most energy used today is harnessed through the movement of current and is limited by the amount of heat that it produces, but the energy created by the spinning of electrons produces no heat. The NC State engineers were able to manipulate the nanomaterial so the electrons’ spin within the material could be controlled, which could prove valuable to harnessing the electrons’ energy. The finding could be important for engineers working to produce more efficient semiconductors.