• 火. 11月 30th, 2021

    TRADEVIEW MARKET-INSIDER

    Market news from tradeview.tech

    Which Semiconductor Stock is a Better Buy? By StockNews

    ByTRADEVIEW FOREX

    7月 14, 2021


    © Reuters. Micron Technology vs. Western Digital: Which Semiconductor Stock is a Better Buy?

    The rising demand for semiconductors across many industries, along with investments made by governments and corporations to address the global semiconductor chip shortage, should drive the industry’s growth. This should allow prominent semiconductor companies Micron (MU) and Western Digital (WDC) to grow in the near-term. But which of these stocks is a better buy now? Let’s find out.Micron Technology, Inc. (NASDAQ:) and Western Digital Corporation (NASDAQ:) are two prominent players in the storage products and solutions worldwide. MU manufactures and markets a portfolio of memory technologies for solid-state drives, modules, multi-chip packages and other system solutions. WDC provides datacenter devices and solutions, client devices and client solutions.

    Continued demand for tech devices from industries, corporations and remote workforces has helped the semiconductor industry to witness month-over-month sales growth of 4.1% in May 2021. To address the semiconductor chip shortage, the US Senate passed a bill that will allocate $52 billion to boost the domestic production of semiconductors. This, along with increasing initiatives by the governments of several other countries and enterprises to address the global chip shortage, has boosted investor optimism about the industry’s growth prospects. This is evidenced by the SPDR S&P Semiconductor ETF’s (XSD) 4% gains versus the SPDR S&P 500 Trust ETF’s (SPY) 3% returns over the past month. Therefore, we think both MU and WDC are likely to benefit from their industry tailwinds.

    Click here to checkout our Semiconductor Industry Report for 2021

    Continue reading on StockNews

    Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



    Source link

    TradeviewForex入会特典

    Tradeviewforex.infoでは特別にトレード手数料を抑えたアカウントを提供しています。
    ・Xレバレッジ:手数料80%割引(例:1000円→200円)※スプレッド圧縮の形での還元
    ・ILC口座:1ロット当たりの手数料60%オフ(通常500円→300円)

    追加アカウントでの入会の場合は、連絡事項に「212283に乗換を希望」とご記入ください。

    English English Japanese Japanese