After being kept under the wraps since 2012, Intel and Micron Technology's latest computing tool, called the 3D XPoint, has finally hit the shelves. The first of these new products called Optane offers high-speed, low cost, and non-volatile memory.

The 3D XPoint has been making buzz of its breakneck speeds in accessing memory. Combining RAM and flash storage, it is four times denser than conventional RAM and could conveniently hold information even when it is switched off. Furthermore, it performs better than other information storage like NAND and DRAM, boasting to be 1,000 times faster in both reading and writing data, according to Futurism.

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That being said, this memory technology would surely revolutionize the next generation of computers. The Optane SSD DC P4800X will be Intel's first foray with the new tech. It functions as a cache system for primary storage drive, stores relevant information, and serves as a sort-of RAM although it holds onto that data in between restarts, Gizmodo reported.

Of note, the Optane memory is not meant to replace users' computer's hard drive but to augment or enhance its capacities already, Futurism noted. For instance, it increases productivity by allowing users to load different applications and software at nearly 600 percent from the original speed. It also offers up to 30 drive writes per day (DWPD) compared with the standard SSD's two DWPD.

"Since digital memory was created, there's only been eight major memories, the most recent being 3D Xpoint," Greg Schulz, a storage analyst and StorageIO's operator, told Gizmodo. "These things only come around every couple of decades."

The 375 GB solid-state drive has a price tag of $1,520. However, Intel's second product to use the tech will come at a friendlier price. The Optane memory retails for $44 for a 16GB stick and $77 for a 32GB stick.