A magnetic head is provided with a giant magnetoresistive element, barrier layer,
and highly polarized spin injection layer, The barrier layer is inserted between
the giant magnetoresistive element and the injection layer. By applying a sensing
current to both the magnetoresistive element and the injection layer, an output
of the magnetic head can be multiplied significnantly. The output of the head is
increased by increasing a resistance change rate of a magnetoresistive element
used as a reading element. The increasing of the resistane change rate is due to
that a band of s electrons in the Cu film grown in the highly polarized spin injection
layer is placed in a highly polarized state near the Fermi level and the upward
spin current only flows into the giant magnetoresistive element, which has multiplied
the output.