The invention provides an optical bistable device applied to an all-optical switch and an optical memory, which belongs to the technical field of all-optical communication systems. The optical bistable device has a multilayer structure formed by eight first dielectric layers, eight second dielectric layers and fifteen graphene layers, specifically from the upper surface to the lower surface in sequence, a first dielectric layer, a graphene layer, a second dielectric layer, a graphene layer, a first dielectric layer, a graphene layer, a second dielectric layer, a first dielectric layer, a graphene layer, a second dielectric layer, a first dielectric layer, a graphene layer, a second dielectric layer, a graphene layer, a second dielectric layer, a graphene layer, a first dielectric layer, agraphene layer, a second dielectric layer, a graphene layer, a first dielectric layer, a graphene layer, a second dielectric layer, a graphene layer, a first dielectric layer, a graphene layer, a second dielectric layer, a graphene layer and a first dielectric layer. The optical bistable device applied to the all-optical switch and the optical memory has the advantages of reducing the optical bistable threshold.