Many researchers are trying to create a low power, high stability, and high-speed static random access memory (SRAM) cell. This paper introduces an SRAM cell consisting of 12 transistors (12 T) developed by carbon nanotube field-effect transistor (CNTFET) to support such an endeavor and be a milestone in creating a better SRAM cell. The proposed 12 T CNTFET SRAM cell is a modified Schmitt-trigger (ST)-based SRAM cell design. The ST-based SRAM cell feedback-cutting and single-ended read decupled techniques are introduced to improve the SRAM cell’s static noise margin (SNM) and access time. The presence of stacked N-CNTFETs reduces the proposed cell’s power consumption. In addition to conventional 6 T [9] and 8 T [10] SRAM cells, it has been compared with some of the existing SRAM cells such as 12 T SRAM [11], 12 T SRAM [12], 12 T SRAM [13] and 12 T SRAM [14], for calculating the relative performance of the proposed 12 T CNTFET SRAM cell design in terms of fundamental design metrics. The simulation results at 0.9 V show that compared to the afromentioned bit cells, the proposed design accomplishes low power consumption while writing, reading, and holding modes of operation. It has a high SNM during all the operations. The proposed cell has the least read access time. The power, SNM, and access time performance of the bit cells are evaluated for the variation of CNTFET parameters and reported in this article. The proposed cell is also implemented using MOSFET, and the performance of MOSFET and CNTFET is compared. The simulation is done with the HSPICE simulation tool using the Stanford University 32 nm CNTFET model.