These devices are intended for applications in nanoelectronic memory devices, computer logic, and neuromorphic /neuromemristive computer architectures. In 2013, Hewlett-Packard CTO Martin Fink suggested that memristor memory may become commercially available as early as 2018. In March 2012, a team of researchers from HRL Laboratories and the University of Michigan announced the first functioning memristor array built on a CMOS chip.