In this work the dielectric reliability of thermally grown ultrathin 3 nm SiO2 layers in poly-Si/SiO2/Si structures is examined. This is compared with a study of the defect generation in the 3 nm gate oxide during tunnel injection of electrons. In these ultrathin SiO2 layers, direct tunneling of electrons becomes very important. An increase of the direct tunnel and Fowler–Nordheim tunnel current during high-field stressing was observed and is explained by the creation of a positive charge in the oxide associated with slow interface traps. It is demonstrated that a higher current instability corresponds with a lower charge to breakdown value (QBD) of the oxide. From these results we conclude that the creation of slow interface traps is an important precursor effect for the 3 nm gate oxide breakdown.