1. A system having an integrated circuit (IC) package, the system comprising: a processing core disposed within the IC package, the processing core having at least a first Double Data Rate (DDR) channel and a second DDR channel: a hybrid memory module coupled with the first DDR channel, the hybrid memory module comprising: a volatile memory coupled with the processing core via an internal interface within the IC package, the volatile memory to operate as a last-level hardware managed cache memory with cache misses to be serviced by external memory, wherein if requested data is found in the hybrid memory module a cache hit condition exists and if the requested data is not found in the hybrid memory module a cache miss condition exists; and a non-volatile memory coupled with the processing core via the internal interface within the IC package, the non-volatile memory to operate as a disk cache to offset memory capacity and bandwidth corresponding to a dual-inline memory module (DIMM) for the DDR channel; a memory interface coupled with the processing core, the memory interface to provide a communication interface to an external memory component via the second DDR channel, wherein the external memory is external to the hybrid memory module and the external memory is to be searched for the requested data if a cache miss condition exists.