Better Semiconductor Stock: Intel vs. Micron Technology
Intel (NASDAQ: INTC) and Micron Technology (NASDAQ: MU) both provide essential chips for modern computers and data centers. Intel is the world's top producer of x86 CPUs for PCs and servers, and Micron is a leading supplier of DRAM and NAND memory chips. Both chipmakers manufacture most of their own chips at their internal foundries.
But over the past five years, Intel's stock plunged 55% as Micron's stock soared 137%. Let's see why Micron outperformed Intel by such a wide margin -- and if it's still a better overall investment in the growing semiconductor sector.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Stock
The stock is one of the favorites of our community with 76 Buy predictions and 1 Sell predictions.
As a result the target price of 125 € shows a positive potential of 24.88% compared to the current price of 100.1 € for Micron Technology Inc..