Current industry growth drivers, such as artificial intelligence (AI) and machine learning, 5G, Internet-of-Things (IOT), and automotive, require ever-increasing amounts of on-chip memory in order to minimize bandwidth-limiting and power-hungry off-chip memory accesses.
Today, SRAM is the predominant technology for embedded memories; however, it consumes a large part of the total chip area.
In fact, today, the amount of embedded memory on almost any integrated circuit (chip) is reaching hundreds of megabits, accounting often for up-to 75% of the total chip area, and dominates its cost.