The tunneling resistance between two ferromagnetic metal Layers that a
re separated by a thin insulator depends on the relative orientation o
f the magnetization M of each Layer. In a memory device, independent s
witching of the magnetically soft Layer is achieved by making the othe
r Layer either exchange-biased or magnetically hard. The repeated reve
rsal of M of the soft Layer by field cycling can demagnetize the other
magnetically hard Layer and thus erase the tunnel junction's memory.
The M of exchange-biased structures was stable at Least to 10(7) cycle
s, whereas in hard structures, M generally decayed Logarithmically wit
h the number of field cycles. The decay was very sensitive to the thic
kness of the hard Layer and the composition of the soft layer. However
, no decay was observed when the moment reversal was accomplished by c
oherent rotation, establishing that demagnetization results from the f
ormation and motion of domain walls in the soft layer during field cyc
ling.