BOISE, Idaho, Sept. 9 -- Boise State University issued the following news release:

For 60 years, computing has run on a simple division of labor: memory chips store data, processors crunch it.

Companies like Micron Technology build the memory, while companies like Intel, AMD and NVIDIA build the processors. It's a model that has powered decades of progress, but has a costly flaw.

"The communication between the processor and the memory becomes the bottleneck," Assistant Professor Purab Sutradhar said. "Every commercially available processor has this bottleneck today, which is masked using clever tricks like adding local cache memory. While this works, it is also inefficient."

The problem comes down to the physics and wiring. Data travels...