SDRAM refers to synchronous dynamic random access memory, a term that is used to describe dynamic random access memory that has a synchronous interface. Traditionally, dynamic random access memory (DRAM) has an asynchronous interface which means that it responds as quickly as possible to changes in control inputs. SDRAM has a synchronous interface, meaning that it waits for a clock signal before responding to control inputs and is therefore synchronized with the computer's system bus. The clock is used to drive an internal finite state machine that pipelines incoming instructions. This allows the chip to have a more complex pattern of operation than asynchronous DRAM which does not have a synchronized interface.
Pipelining means that the chip can accept a new instruction before it has finished processing the previous one. In a pipelined write, the write command can be immediately followed by another instruction without waiting for the data to be written to the memory array. In a pipelined read, the requested data appears after a fixed number of clock pulses after the read instruction, cycles during which additional instructions can be sent. (This delay is called the latency and is an important parameter to consider when purchasing SDRAM for a computer.)
