Comparing Investment Value: Micron vs. Taiwan Semiconductor
TSM Taiwan Semiconductor Manufacturing ADR
$412.61 -2.28%
View chart & analysis → - 1Micron recently agreed to design the industry's first customized memory chips for NVIDIA's GPUs.
- 2Micron's forward P/E ratio is 5.3x, while Taiwan Semiconductor's forward P/E ratio is 24x.
- 3Keithen Drury stated that Micron is a better buy based on the discrepancy between stock price and earnings potential.
So what's the key point?
Micron has agreed to supply customized memory chips to NVIDIA. Some suggest Micron is a better investment because its stock price is relatively low compared to its earnings.
Source The Motley Fool · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.