What does the abbreviation RAM stand for?

Explanation

Random-access memory (RAM) is a form of computer data storage that stores data and machine code currently being used. A random-access memory device allows data items to be read or written in almost the same amount of time irrespective of the physical location of data inside the memory. Integrated-circuit RAM chips came into the market in the early 1970s, with the first commercially available DRAM chip, the Intel 1103, introduced in October 1970.