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Fundamental observation of spin-controlled electrical conduction in metals Modern magnetic memories, such as hard drives installed in almost every computer, can store a very large amount of information thanks to very tiny, nanoscale magnetic sensors used for memory readout. The operation of these magnetic sensors, called the spin-valves, is based on the effect of giant magnetoresistance (GMR), for which its inventors Albert Fert and Peter Gruenberg were awarded a Nobel Prize in Physics in 2007.
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