Micron Technology (NASDAQ: MU) is the big name in tech these days.
Its numbers have been out of this world, with both sales and profits rising at exceptionally high rates
Demand is high for its memory and storage products, while supply is limited, creating a terrific scenario for the company to be able to raise prices and for demand to remain robust. This year, the stock has more than tripled in value, as it’s been one of the hottest buys on the market. But could that change?
In July, there’s another big-name memory stock that could list on a top U.S. exchange, and for investors, it may be a more intriguing option to consider. SK Hynix to list on the Nasdaq as early as July 10 SK Hynix, one of the largest memory chipmakers in the world, plans to issue American depositary receipts on the Nasdaq exchange soon. They could begin trading by July 10 and would likely offer significant competition to Micron.