Magnetic transport properties of Co/sub 90/Fe/sub 10//AlO/sub x//Co/sub 90/Fe/sub 10//AlO/sub x//Co/sub 90/Fe/sub 10/ ferromagnetic double tunnel junctions have been investigated with respect to the thermal fluctuation. A middle Co/sub 90/Fe/sub 10/ layer is discontinuous by forming Co/sub 90/Fe/sub 10/ particles two-dimensionally, which shows superparamagnetic behavior above 80 K. The average diameter of the Co/sub 90/Fe/sub 10/ particles is estimated to be 4.8-5.0 nm from both a magnetization curve at room temperature and temperature dependence of coercivities deduced from magnetoresistance curves. This finding agrees with the maximum diameter (5.2 nm) evaluated from cross-sectional transmission electron microscope images, revealing that the dominant electron transport process heavily depends on the largest particles.
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