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This lecture covers the evolution of memory technologies, from embedded to standalone memory, focusing on the challenges and advancements in MRAM technology. It discusses the coexistence of different storage technologies in server farms, the increasing number of companies involved in MRAM development, and the core components of MRAM like the magnetic tunnel junction. The lecture also delves into the challenges faced in MRAM technology, such as STT and SOT effects, and the potential of MRAM for future computing paradigms beyond memory applications.