Controlling the demagnetizing field of an in-plane free layer by exchange coupling with a perpendicular multilayer

The demagnetizing field of a Co₅₀Fe₅₀ free layer in an in-planemicron-sized magnetic tunnel junction (MTJ) can be partially compensated by exchangecoupling with a Co₉₀Fe₁₀/Pt] _N multilayer with perpendicular magnetic anisotropy via a Ru interlayer. The perpendicularanisotropy for N = 5 is optimized for nominal CoFe and Pt thicknessof 0.4 nm and 1.0 nm, respectively. An increase of tunnel magnetoresistance (TMR) from 2%to 75% is observed in MTJs as the free layer thickness, t variesfrom 1.0 nm to 3.0 nm. A phenomenological model is developed to interpret the TMRdependence in terms of the free layer magnetization rotation from in-plane to out-of-planewith decreasing t, a consequence of interlayer exchange coupling with theperpendicular multilayer. We suggest that this strategy could significantly reduce theswitching current density in such MTJs.