Nowadays, non-volatile storage technologies play a fundamental role in the semiconductor memory market due to the widespread use of portable devices such as digital cameras, MP3 players, smartphones, and personal computers, which require ever increasing memory capacity to improve their performance. Although, at present, Flash memory is by far the dominant semiconductor non-volatile storage technology, the aggressive scaling aiming at reducing the cost per bit has recently brought the floating-gate storage concept to its technological limit. In fact, data retention and reliability of floating-gate based memories are related to the thickness of the gate oxide, which becomes thinner and thinner with increasing downscaling. The above limit has pushed the semiconductor industry to invest on alternatives to Flash memory technology, such as magnetic memories, ferroelectric memories, and phase change memories (PCMs) (Geppert, 2003). The last technology is one of the most interesting candidates due to high read/write speed, bit-level alterability, high data retention, high endurance, good compatibility with CMOS fabrication process, and potential of better scalability. However, it still requires strong efforts to be optimized in order to compete with Flash technology from the cost and the performance points of view. In PCMs, information is stored by exploiting two different solid-state phases (namely, the amorphous and the crystalline phase) of a chalcogenide alloy, which have different electrical resistivity (more specifically, the resistivity is higher for the amorphous, or RESET, phase and lower for the crystalline, or SET, phase). Phase transition is a reversible phenomenon, which is achieved by stimulating the cell by means of adequate thermal pulses induced by applying electrical pulses. Reading the resistance of any programmed cell is achieved by sensing the current flowing through the chalcogenide alloy under predetermined bias voltage conditions. The read window, that is, the range from the minimum (RESET) to the maximum (SET) read current, is considerably wide, which allows safe storage of an information bit in the cell and also opens the way to the multi-level approach to achieve low-cost high-density storage. ML storage consists in programming the memory cell to one in a plurality of intermediate resistance (i.e., of read current) levels inside the available window, which allows storing more than one bit per cell (the number of bits that can be stored in a single cell is n = log2m, where m is the number of programmable levels). The programming power and the read window depend on the electrical properties of the cell materials as well as on the architecture and the size of the memory cell. As the fabrication
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