The OP is advocating for MESO - magneto-electric spin–orbit logic.
From Wikipedia - Magneto-Electric Spin-Orbit (MESO) is a technology for constructing scalable integrated circuits, which utilize spin–orbit transduction of electrons. It is intended as a replacement for the CMOS technology. Compared to CMOS, MESO circuits require less energy for switching, lower operating voltage, and feature a higher integration density.
More here: https://www.techspot.com/news/77688-intel-envisions-meso-log...