<div id="readability-page-1"><p>In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating <b>Micron Technology <span>( MU )</span> </b> in relation to its major competitors in the Semiconductors &amp; Semiconductor Equipment industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company's performance within the industry.</p> <h3>Micron Technology Background</h3> <p>Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.</p> <table> <thead> <tr> <th><strong>Company</strong></th> <th><strong>P/E</strong></th> <th><strong>P/B</strong></th> <th><strong>P/S</strong></th> <th><strong>ROE</strong></th> <th><strong>EBITDA (in billions)</strong></th> <th><strong>Gross Profit (in billions)</strong></th> <th><strong>Revenue Growth</strong></th> </tr> </thead> <tbody> <tr> <td>Micron Technology Inc <span>( MU )</span></td> <td>41.42</td> <td>8.34</td> <td>11.63</td> <td>9.28%</td> <td>$8.35</td> <td>$7.65</td> <td>56.65%</td> </tr> <tr> <td>NVIDIA Corp</td> <td>47.65</td> <td>39.35</td> <td>25.29</td> <td>29.14%</td> <td>$38.75</td> <td>$41.85</td> <td>62.49%</td> </tr> <tr> <td>Broadcom Inc</td> <td>69.34</td> <td>19.29</td> <td>25.12</td> <td>11.02%</td> <td>$9.86</td> <td>$12.25</td> <td>28.18%</td> </tr> <tr> <td>Advanced Micro Devices Inc</td> <td>132.03</td> <td>6.75</td> <td>12.85</td> <td>2.06%</td> <td>$2.11</td> <td>$4.78</td> <td>35.59%</td> </tr> <tr> <td>Texas Instruments Inc</td> <td>40.18</td> <td>12.20</td> <td>11.31</td> <td>7.07%</td> <td>$2.24</td> <td>$2.72</td> <td>-6.73%</td> </tr> <tr> <td>Qualcomm Inc</td> <td>30.38</td> <td>7.67</td> <td>3.80</td> <td>-12.88%</td> <td>$3.51</td> <td>$6.24</td> <td>10.03%</td> </tr> <tr> <td>Analog Devices Inc</td> <td>69.89</td> <td>4.61</td> <td>14.37</td> <td>2.32%</td> <td>$1.47</td> <td>$1.94</td> <td>25.91%</td> </tr> <tr> <td>Marvell Technology Inc</td> <td>28.64</td> <td>4.91</td> <td>9.07</td> <td>13.84%</td> <td>$2.58</td> <td>$1.07</td> <td>36.83%</td> </tr> <tr> <td>NXP Semiconductors NV</td> <td>28.86</td> <td>5.85</td> <td>4.94</td> <td>6.43%</td> <td>$1.11</td> <td>$1.79</td> <td>-2.37%</td> </tr> <tr> <td>Monolithic Power Systems Inc</td> <td>30.35</td> <td>15.89</td> <td>21.41</td> <td>5.12%</td> <td>$0.21</td> <td>$0.41</td> <td>18.88%</td> </tr> <tr> <td>ON Semiconductor Corp</td> <td>85.21</td> <td>3.17</td> <td>4.20</td> <td>3.22%</td> <td>$0.44</td> <td>$0.59</td> <td>-11.98%</td> </tr> <tr> <td>First Solar Inc</td> <td>17.19</td> <td>2.67</td> <td>4.77</td> <td>5.19%</td> <td>$0.61</td> <td>$0.61</td> <td>79.67%</td> </tr> <tr> <td>Credo Technology Group Holding Ltd</td> <td>111.61</td> <td>18.18</td> <td>31.06</td> <td>7.99%</td> <td>$0.09</td> <td>$0.18</td> <td>272.08%</td> </tr> <tr> <td>Tower Semiconductor Ltd</td> <td>77.68</td> <td>5.31</td> <td>10.06</td> <td>1.9%</td> <td>$0.13</td> <td>$0.09</td> <td>6.79%</td> </tr> <tr> <td>Rambus Inc</td> <td>57.91</td> <td>10.16</td> <td>19.50</td> <td>3.84%</td> <td>$0.08</td> <td>$0.14</td> <td>22.68%</td> </tr> <tr> <td>Lattice Semiconductor Corp</td> <td>416.55</td> <td>16.13</td> <td>23.26</td> <td>0.4%</td> <td>$0.01</td> <td>$0.09</td> <td>4.92%</td> </tr> <tr> <td><strong>Average</strong></td> <td><strong>82.9</strong></td> <td><strong>11.48</strong></td> <td><strong>14.73</strong></td> <td><strong>5.78%</strong></td> <td><strong>$4.21</strong></td> <td><strong>$4.98</strong></td> <td><strong>38.86%</strong></td> </tr> </tbody> </table>    <p>By thoroughly analyzing Micron Technology <span>( MU )</span>, we can discern the following trends: </p> <ul> <li> The Price to Earnings ratio of 41.42 is 0.5x lower than the industry average, indicating potential undervaluation for the stock. </li> <li> Considering a Price to Book ratio of 8.34, which is well below the industry average by 0.73x, the stock may be undervalued based on its book value compared to its peers. </li> <li> Based on its sales performance, the stock could be deemed undervalued with a Price to Sales ratio of 11.63, which is 0.79x the industry average. </li> <li> The Return on Equity (ROE) of 9.28% is 3.5% above the industry average, highlighting efficient use of equity to generate profits. </li> <li> The company exhibits higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $8.35 Billion, which is 1.98x above the industry average, implying stronger profitability and robust cash flow generation. </li> <li> Compared to its industry, the company has higher gross profit of $7.65 Billion, which indicates 1.54x above the industry average, indicating stronger profitability and higher earnings from its core operations. </li> <li> The company's revenue growth of 56.65% is notably higher compared to the industry average of 38.86%, showcasing exceptional sales performance and strong demand for its products or services. </li> </ul> <h3>Debt To Equity Ratio</h3> <p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1769785243_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="500" height="400" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1769785243_0.png"/></p>  <p>The debt-to-equity (D/E) ratio gauges the extent to which a company has financed its operations through debt relative to equity.</p> <p>Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.</p> <p>When evaluating Micron Technology <span>( MU )</span> alongside its top 4 peers in terms of the Debt-to-Equity ratio, the following insights arise:</p> <ul> <li> Among its top 4 peers, Micron Technology ( MU ) has a stronger financial position with a lower debt-to-equity ratio of 0.21. </li> <li> This indicates that the company relies less on debt financing and maintains a more favorable balance between debt and equity, which can be viewed positively by investors. </li> </ul> <h3>Key Takeaways</h3> <p>For Micron Technology <span>( MU )</span>, the PE, PB, and PS ratios are all low compared to industry peers, indicating potential undervaluation. On the other hand, the high ROE, EBITDA, gross profit, and revenue growth suggest strong financial performance and growth prospects relative to competitors in the Semiconductors &amp; Semiconductor Equipment industry.</p> <p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p></div>

<p>在對美光科技（NASDAQ:MU）與其在半導體及半導體設備行業的同行進行競爭分析時，關鍵財務指標顯示出潛在的低估。美光的市盈率（PE）低於行業平均水平，而其股本回報率（ROE）和息税折舊攤銷前利潤（EBITDA）則較高，表明其盈利能力強勁。該公司還顯示出 56.65% 的卓越收入增長，超過行業平均水平。此外，美光維持了 0.21 的良好債務股本比率，反映出其穩健的財務狀況。總體而言，美光在與競爭對手相比時展現出強勁的表現和增長前景</p>

Exploring The Competitive Space: Micron Technology Versus Industry Peers In Semiconductors & Semiconductor Equipment

- Micron Technology 在半導體行業相比競爭對手展現潛在低估。  
- 其市盈率、淨資產比和銷售比均低於行業平均水平。  
- 收益增長率高達 56.65%，顯示出強勁的銷售表現。

fidelity

費城交易所 半導體 ETF - iShares

標普半導體 ETF - SPDR

半導體 3 倍做多 - Direxion

半導體 ETF - VanEck Vectors

Invesco PHLX Semiconductor ETF

2 倍做多 MU ETF - GraniteShares

美光科技

2 倍做多美光科技 ETF - Direxion

納斯達克半導體 ETF - First Trust

動態半導體 ETF - Invesco

1 倍做空 MU ETF - Direxion

探索競爭領域：美光科技與半導體及半導體設備行業同行的比較