Better Buy: Micron Technology vs. Skyworks Solutions
Micron Technology (NASDAQ: MU) and Skyworks Solutions (NASDAQ: SWKS) both provide crucial components for electronics manufacturers. Micron is one of the world's largest memory chip manufacturers, and Skyworks produces a wide range of wireless chips.
Both stocks have tumbled nearly 40% over the past month as the novel coronavirus (COVID-19) pandemic disrupted supply chains and purchases worldwide. Things could get much worse before they get better, but which tech stock will rebound more quickly after the crisis ends? Let's take a closer look and see which is the better buy right now.
Micron is the world's third-largest DRAM manufacturer and fourth-largest NAND manufacturer. It generated 67% of its revenue from DRAM chips, 28% of NAND chips, and the rest from other types of memory chips last quarter. Micron's biggest competitor is Samsung, which leads the DRAM and NAND markets.
Source Fool.com
