Yes. Memory is the physical, tangible electronic, or magnetic components of computers, electronics, and other digital storage devices. Memory is typically much faster than disk space for temporarily holding programs and data, but slower to access.
Memory can be both read-only (e.g., ROM) or writable (e.g., “random-access”/”RAM”). Some memory that’s built into a system provides bootstrapping information to start up the computer system when powered on/up; this type of non-volatile memory usually holds startup information provided by an embedded microcontroller or preboot execution environment firmware via test software programs called BIOS or UEFI firmware translation layer during power up process before hardware sighted by any operating systems.