HP has developed a teeny tiny chip--about the size of a grain of rice--that holds incredible promise when it comes to future computing. The chip, despite its petite size, delivers data at the speed of 10 Mbps and boasts a storage capacity that ranges from 256 kilobits to 4 megabits--meaning it can store pages of text, more than a few digital images or even a short video segment. That kind of ability plus the chip's mobility--as the chip can be embedded in items, such as paper--offers up a whole new world in terms of mobile computing and identification technologies. The only bad news is that HP's Memory Spot won't hit commercial market for about two years.

For more on the tiny powerful chip development:
- check out this article at CIO Today