Better Buy: Micron Technology vs. NVIDIA
High-flying tech stocks NVIDIA (NASDAQ: NVDA) and Micron Technology (NASDAQ: MU) were in the same boat at the beginning of 2019. While graphics specialist NVIDIA was reeling in the aftermath of the cryptocurrency mining bubble that led to an excess supply of graphics cards and bloated channel inventories, Micron lost its mojo as the memory market went into oversupply and prices plunged.
Cut to the present, and not much seems to have changed for Micron, as its latest results indicate. NVIDIA seems to be turning around, though it is not out of the woods yet. So which one of these two chipmakers should you put your money on? Let's find out.
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Source Fool.com
