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Current‐induced switching is considered in a magnetic junction. The junction includes pinned and free ferromagnetic layers which work in the regime of the high spin injection. It is shown that in such a regime the exchange magnetization reversal threshold can be lowered up to two times when the axes of the layers are noncollinear. The threshold may be decreased further under the influence of an external magnetic field.

Lower current‐driven exchange switching threshold in noncollinear magnetic junctions under high spin injection