We investigate the stochastic dynamics of nanoscale perpendicular magnetic tunnel junctions and the correlations that arise when they are electrically coupled. Individual junctions exhibit thermally activated spin-transfer torque switching with transition probabilities that are well described by a Poisson process. When two junctions are connected in parallel, circuit-mediated redistribution of voltages that occurs in real time as the junction resistances change leads to correlated switching behavior. A minimal stochastic model based on single-junction statistical switching properties and Kirchhoff's laws captures the coupled switching probabilities, while a Markov-chain formalism describes nonequilibrium steady states under multipulse driving. Further, these circuit-mediated interactions can be mapped onto the parameters of an Ising Hamiltonian, providing an interpretation in terms of effective spin-spin interactions. Our results demonstrate how simple electrical connections can generate Ising-like couplings and tunable stochastic dynamics in nanoscale magnets.

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• Magnetism
• Magnetization switching
• Probabilistic computing
• Spintronics
• Magnetic tunnel junctions
• Nonequilibrium systems
• Ising model