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Forget Qualcomm, Micron is the Better Semiconductor Stock


Forget Qualcomm, Micron is the Better Semiconductor Stock

The semiconductor industry has posted solid growth this year, with the Philadelphia Semiconductor Index (NASDAQ: SOXX) rallying almost 30% and outperforming the NASDAQ's overall 20% gain. The performance of individual semiconductor stocks, however, has varied wildly.

Qualcomm (NASDAQ: QCOM), the biggest mobile chipmaker in the world, plunged 20% this year. Yet Micron (NASDAQ: MU), one of the world's largest memory chipmakers, soared more than 60%.

Image source: Getty Images.

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Source: Fool.com

Qualcomm Inc. Stock

€165.84
2.300%
There is an upward development for Qualcomm Inc. compared to yesterday, with an increase of €3.72 (2.300%).
With 45 Buy predictions and 1 Sell predictions Qualcomm Inc. is one of the favorites of our community.
As a result the target price of 180 € shows a slightly positive potential of 8.54% compared to the current price of 165.84 € for Qualcomm Inc..
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