Ferromagnetic-insulator-ferromagnetic tunneling was measured in two types o
f Co/Al2O3/Co/NiFe junctions. For type I junction (two times of interface e
xposure to air), the maximum tunnel junction magnetoresistance (TMR) ratio
was 16.5% at room temperature. Junctions with a relatively thicker At layer
showed a lower resistance and a higher TMR ratio. Whereas, junctions with
a relatively thinner Al layer showed a fast increase of barrier width. The
passivation effect of Al2O3 in oxidation process enhanced the TMR ratio. As
the oxidation time is increased. the coercivity of Co bottom electrode is
also increased. So the effect of CoO formation in the interface of the Co b
ottom electrode and the Al2O3 is discussed in three possible assumptions. F
or type 2 junction (just one time of interface exposure to air), the maximu
m TMR ratio was 21% at room temperature. And the TMR ratio was decreased to
half at 550 mV. These,junctions have potential use as low-power field sens
ors and memory elements.