Memory chips are a major market opportunity right now.
There is huge demand and little supply, so the price of memory chips is soaring
That allows memory chip producers like Sandisk (NASDAQ: SNDK) and Micron Technology (NASDAQ: MU) to cash in on the rise, and both of them have done just that — and then some. But which is the better stock to buy today? Let’s take a look.
Micron is the more leveraged company Micron is entirely focused on producing memory chips. It has products ranging from memory used in PCs to high-bandwidth memory used in data centers. While data centers mostly use NAND flash memory for larger storage, consumer products and GPUs tend to use DRAM memory.