Tag: Micron

Better Buy: Micron Technology vs. AMD

Micron Technology (NASDAQ:MU) and Advanced Micro Devices (NASDAQ:AMD) have been heading in different directions on the stock market so far in 2021. While memory specialist Micron has soared despite the sell-off in tech stocks, AMD’s stock price has pulled back by double-digit percentages, despite solid indications that it will continue to grow at a rapid pace this year.

However, when you take a closer look at the prospects of the two chipmakers, it’s hard to choose one over the other, despite their divergent fortunes. Read on to find out which one of these two stocks you should be buying right

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Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2021

Industry’s first 176-layer NAND in production

BOISE, Idaho, Jan. 07, 2021 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2021, which ended Dec. 3, 2020.

Fiscal Q1 2021 highlights

  • Revenue of $5.77 billion versus $6.06 billion for the prior quarter and $5.14 billion for the same period last year
  • GAAP net income of $803 million, or $0.71 per diluted share
  • Non-GAAP net income of $897 million, or $0.78 per diluted share
  • Operating cash flow of $1.97 billion versus $2.27 billion for the prior quarter and $2.01 billion
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Why Micron Technology Stock Went Up Almost 17% in February

What happened

Shares of Micron Technology (NASDAQ:MU) went up 16.9% in February, according to data provided by S&P Global Market Intelligence. The stock even approached all-time highs achieved way back during the dot-com bubble of 2000. Here’s why: The semiconductor industry is showing signs of strength, and some Wall Street analysts believe this could keep fueling gains for Micron stock.

So what

Micron makes two kinds of memory products, but dynamic random access memory (DRAM) is its most important, accounting for 72% of total revenue for fiscal 2020. While DRAM products are generally in high demand, occasional oversupply in the

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Better Buy: Micron Technology vs. Western Digital

Micron Technology (NASDAQ:MU) and Western Digital (NASDAQ:WDC) are both major players in the memory and data storage market. Micron mainly sells DRAM and NAND (flash) memory chips, while WD produces NAND chips, flash-based SSDs (solid-state drives), and traditional platter-based HDDs (hard disk drives).

Both companies struggled with declining memory chip prices throughout 2019, as sluggish shipments to smartphone and PC makers caused a global glut of chips. DRAM and NAND prices gradually stabilized in 2020, but that recovery was throttled by pandemic-related disruptions in the first half of the year.

However, investors have been much more bullish on Micron than

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Better 2021 Buy: NVIDIA or Micron Technology?

NVIDIA (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) have done well on the stock market over the past year, delivering solid gains to investors despite the upheaval caused by the novel coronavirus pandemic in 2020. But there has been a big difference in the degree of gains delivered by the two stocks.

Shares of NVIDIA have more than doubled, but Micron’s performance hasn’t been as astronomic. Will a similar story unfold in 2021, making NVIDIA a better bet for investors than Micron?

Let’s find out.

NVDA Chart

NVDA data by YCharts

The case for NVIDIA

NVIDIA has entered 2021 with solid catalysts in two

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