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In this study, dielectric and bipolar resistive switching properties of the chalcogenide from the Ag–As₄₀S₃₀Se₃₀ system were investigated for potential application in non-volatile memory devices. Preparation of the glasses was done with the use of melt-quenching technique. Current–voltage (I–V) characteristics were determined at different temperatures, and stability of the Ag/chalcogenide sample/Ag structure through constant value of memory window was noticed. Namely, it was observed that a bipolar resistive switching effect is present in the prepared samples with noticeable transitions between high-resistance and low-resistance states when the voltage polarity was changed. Temperature dependent I–V measurements indicated that resistive switching voltage decreases as temperature increases suggesting thermally activated motion of charge carriers. The conduction model fitting results suggested that the Ohmic and space-charge limited current conduction are responsible for resistive switch. Based on the analysis of the obtained results, resistive switching mechanism was explained by using filamentary conduction. In addition, study of dielectrical properties indicated presence of space charge polarization. The presented results show that the synthesized material has properties that suggest them for potential application in non-volatile memory devices. © 2023 Elsevier B.V.