Better Buy: Micron Technology vs. Xilinx
Xilinx (NASDAQ: XLNX) and Micron Technology (NASDAQ: MU) faced identical challenges in 2019 thanks to the U.S.-China trade war. The chipmakers had to suspend shipments to Huawei as the Chinese telecom giant was added to the U.S. government's Entity List. Micron faced the additional challenge of tumbling memory prices in light of weak demand and oversupply.
Micron, however, seems to have turned a corner. The stock has regained its mojo of late thanks to improving memory market conditions. But Xilinx investors haven't benefitted from the same level of interest and the stock continues to languish after showing great promise earlier in 2019.
But does this make Xilinx a bad bet when compared to Micron, especially considering that both companies stand to gain from identical catalysts? Let's find out.
Source Fool.com
