A new type of hysteretic current-voltage characteristics, which switched fr
om a low conductance off-state into a high conductance on-state at a thresh
old voltage and the high conductance state was sustained even when the bias
voltage reduced below the threshold voltage, was experimentally observed f
or the highly doped multi-quantum well structure. The characteristics were
attributed to confinement of electrons and impact ionization of the confine
d electrons out of the quantum wells. The test devices employing 10 periods
of quantum wells were fabricated by using AlGaAs/GaAs semiconductor hetero
structure and I-V characteristics were examined.