Low frequency voltage noise was measured in highly sensitive magnetic tunnel junctions with MgO tunnel barrier. The voltage noise is observed to scale linearly with the magnetic field sensitivity. Fluctuations in noise, possibly due to local domain nucleation or annihilation inside the free layer, are also observed. Results indicate that an external hard-axis bias field can significantly suppress the magnetization fluctuations of the free layer and lower the magnetic field noise.
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Mazumdar et al. (2007) studied this question.
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