Nontrivial band topology can combine with magnetic order in a magnetic topological insulator to produce exotic states of matter such as quantum anomalous Hall (QAH) insulators and axion insulators. An aim of condensed matter physics is to find new materials with useful properties and apply quantum mechanics to study them. The field has allowed physicists to better understand the uses of magnets for hard disk data storage, computer displays and other technologies. The recent discovery of topological insulators have attracted broad interest and researchers predict that the interplay between ferromagnetism and the topological insulator state can realize a range of exotic quantum magnetic phenomena of interest in fundamental physics and device applications.
Source:
https://phys.org/news/2020-02-quantum-anomalous-hall-effect-intrinsic.html