Low frequency noise has been measured in magnetic tunnel junctions that have Al2O3 tunnel barriers and magnetoresistance values up to 35% at 295 K. Fluctuations in voltage were found to cross over from Johnson noise to shot noise at low bias voltages, in quantitative agreement with theories of noise in quantum ballistic systems. 1/f resistance noise, where f is frequency, predominates at larger biases and is proportional to the mean current squared. This noise is attributed to trapping processes and it depends sensitively on the relative position of the oxide edge and the ferromagnet–Al interface.

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