Advertisement
Australia markets close in 3 hours 6 minutes
  • ALL ORDS

    7,769.40
    -129.50 (-1.64%)
     
  • ASX 200

    7,519.30
    -122.80 (-1.61%)
     
  • AUD/USD

    0.6381
    -0.0045 (-0.70%)
     
  • OIL

    86.07
    +3.34 (+4.04%)
     
  • GOLD

    2,420.60
    +22.60 (+0.94%)
     
  • Bitcoin AUD

    96,079.05
    -823.99 (-0.85%)
     
  • CMC Crypto 200

    1,241.26
    +355.72 (+37.22%)
     
  • AUD/EUR

    0.6004
    -0.0027 (-0.44%)
     
  • AUD/NZD

    1.0877
    +0.0002 (+0.02%)
     
  • NZX 50

    11,749.17
    -86.87 (-0.73%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,093.59
    -292.28 (-1.78%)
     
  • NIKKEI 225

    36,818.81
    -1,260.89 (-3.31%)
     

Micron Technology or NVIDIA: Which One to Buy Right Now?

Micron Technology or NVIDIA: Which One to Buy Right Now?

NVIDIA (NASDAQ: NVDA) shares have more than doubled so far in 2020 thanks to strong momentum in the graphics specialist's video gaming and data center businesses, but Micron Technology (NASDAQ: MU) has been witnessing tough times, as there seems to be uncertainty about the memory industry's dynamics. NVIDIA, on the other hand, is promising better times ahead on the back of new products and lucrative opportunities in fast-growing markets. Micron's valuation is reasonable in comparison, but does that make it a better bet over NVIDIA?