Correlation Between Perpendicular Anisotropy and Magnetoresistance in Magnetic Tunnel Junctions

The perpendicular magnetic anisotropy (PMA) of Pt/CoFe(B)/MgO bottom electrodes and the tunnel magnetoresistance (TMR) of CoFeB-based magnetic tunnel junctions (MTJ) have been analyzed as a function of Mg thickness for naturally oxidized barriers. Low PMA and TMR values are found for over-oxidized (small MgO thickness) and under-oxidized (large MgO thickness) barriers. When CoFe is used as bottom electrode, a strong correlation is observed between TMR and PMA variation as a function of MgO thickness with maxima in both quantities occurring for an MgO thickness around 1.2 nm. On the contrary, for CoFeB bottom electrodes, the sensitivity of PMA to MgO thickness is completely lost, as a probable consequence of boron diffusion towards the MgO interface.