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Feasibility of STT-MRAM (Spin-Transfer Torque Magnetic Random Access Memory) as next generation non-volatile memory has been tested for the replacement of DRAM and NOR Flash. For competition with DRAM, STT-MRAM unit cell size should be reduced to 6 ~ 8F2 and switching current density is required to be less than 1 MA/cm2. Here, we report that the cell characteristics of on-axis STT-MRAM with 6 ~ 8F...
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