Abstract
In this paper we combine out-of-plane spin value Magnetic Tunnel Junctions (MTJ) with a Voltage controlled magnetic anisotropy (VCMA) MTJ in order to reduce the switching time of MTJs. We find that the switching time can be decreased significantly by combining an out-of-plane spin value MTJ with a VCMA MTJ. With a Conventional Spin Value (CSV) MTJ we achieve a switching time of 5 ns but after combining both the effects, out-of-plane polarisation (OPPP) and VCMA, we are able to decrease the switching time to upto 0.022 ns which is approximately 227.27 times less than the CSV device.