Better Buy: Micron Technology vs. Qualcomm
Micron (NASDAQ: MU) and Qualcomm (NASDAQ: QCOM) are two major chipmakers in the global electronics supply chain. Micron is the world's third largest maker of DRAM chips and fourth largest maker of NAND chips. Qualcomm is the world's largest maker of mobile chipsets and wireless modems.
Both stocks underperformed the Philadelphia Semiconductor Index's 15% gain over the past 12 months. Micron was hit by tumbling memory chip prices, while Qualcomm struggled with sluggish smartphone sales, conflicts with top customers like Apple (NASDAQ: AAPL), and a streak of probes regarding its business practices. The trade war also cast a dark cloud over both chipmakers' futures in China.
Image source: Getty Images.
Source Fool.com
