- The document debunks several myths about memristors. It argues that the memristor is not a fundamental circuit element and that HP did not actually discover the memristor. HP's "memristor" device does not meet the strict mathematical definition. - It also argues that memristive memory is unlikely to replace technologies like flash memory. Companies are supporting phase change memory rather than memristors for next-generation non-volatile memory. - The document analyzes patent data and finds that companies like Samsung and Unity Semiconductor have more patents related to resistance memory technologies, while HP has none related to metal oxide memories.