The present invention provides a ferromagnetic tunnel magnetoresistive
film which is associated with a high output and whose magnetoresistive
ratio is less dependent on a bias voltage. In a three-terminal
ferromagnetic tunnel magnetoresistive element, a decrease in an output is
suppressed by a bias voltage V.sub.1 applied to one of the tunnel
junctions. By employing half-metallic ferromagnets 11 and 12 in the
element, the output can be enhanced and the dependency on the applied
bias voltage can be reduced.