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RAM, compared to other types of memory, is cheap to produce in large quantities and with large capacity, and reading from and writing to RAM chips are very fast operations compared to most other memory technologies.

RAM also supports writing of very small quantities of data, and supports an infinite number of write operations. In comparison, some other memory technologies such as flash memory require blocks of several bytes or even kilobytes to be written at once, and support less than a million write operations until they wear out.

The acronym RAM stands for random-access memory, a distinction shared with most modern alternative memory technologies. This distinguishes RAM from serial memory (such as on a tape), a distinction and advantage which is nearly irrelevant today.

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