A method and
system for providing a magnetic element capable of being written using spin-transfer effect while being thermally stable and a
magnetic memory using the magnetic element are disclosed. The magnetic element includes a first, second and third pinned
layers, first and second nonmagnetic
layers, a free layer and a nonmagnetic spacer
layers. The first, second and third pinned layers are ferromagnetic and have first, second and third magnetizations pinned in first, second and third directions. The first and second nonmagnetic layers include first and second
diffusion barriers, respectively. The first and second nonmagnetic layers are between the first and second pinned layers and the second and third pinned layers, respectively. The first and second pinned layers and the second and third pinned layers are antiferromagnetically coupled. The nonmagnetic spacer layer is conductive and resides between the free layer and the third pinned layer. In addition, performance can be further improved by
doping Co containing ferromagnetic layers with Cr and / or Pt.