The document summarizes the key components of a computer's processor and memory. The processor includes an arithmetic logic unit (ALU) and control unit, and uses registers for temporary storage. Processor speed is measured in MHz, while memory size is measured in GB. Memory (RAM) is used to hold data and programs, and each location has a unique address. Backing storage like hard disks are needed because RAM is cleared when power is off. Other storage includes optical discs, memory cards, and flash drives. ROM contains startup programs and is not cleared on shutdown like RAM.