MU vs. NVDA: Micron Technology vs. NVIDIA Stock Comparison

October 3, 2026

How do Micron Technology (MU) and NVIDIA (NVDA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Micron Technology (MU) and NVIDIA (NVDA) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Micron Technology (MU) and NVIDIA (NVDA)
Profile Item	MU	NVDA
Name	Micron Technology Inc.	NVIDIA Corporation
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	1,213.97 billion USD	5,649.19 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 1, 1984	January 22, 1999
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NVDA

GSPC

Micron Technology (MU) vs. NVIDIA (NVDA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Micron Technology (MU) and NVIDIA (NVDA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Micron Technology (MU) and NVIDIA (NVDA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
Total Return (1Y)	485.91%	24.15%
Total Return (3Y, Annualized)	151.95%	73.69%
Total Return (5Y, Annualized)	73.02%	62.49%

Risk Profile

Drawdown History

NVDA

GSPC

Micron Technology (MU) vs. NVIDIA (NVDA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Micron Technology (MU) and NVIDIA (NVDA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
Volatility (1Y, Annualized)	81.21%	37.72%
Beta (5Y)	2.34	2.19
Max Drawdown (5Y)	-57.63%	-66.34%
Avg. Volume (3M)	34.23M	122.92M

Risk-Adjusted Performance

Risk-Return Positioning

MU and NVDA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
Sharpe Ratio (1Y)	5.93	0.52
Sortino Ratio (1Y)	10.02	0.78

Profitability

ROE (TTM)

Both Micron Technology (MU) at 88.26% and NVIDIA (NVDA) at 117.21% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU: 88.26%
Max: 44.25%
Q3: 19.80%
Median: 8.89%
Q1: -2.59%
Min: -21.32%

NVDA

Semiconductors & Semiconductor Equipment industry group

117.21%

NVDA: 117.21%
Max: 44.25%
Q3: 19.80%
Median: 8.89%
Q1: -2.59%
Min: -21.32%

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Both Micron Technology (MU) at 63.80% and NVIDIA (NVDA) at 63.66% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

MU: 63.80%
Max: 49.92%
Q3: 22.56%
Median: 9.63%
Q1: 0.00%
Min: -20.29%

NVDA

Semiconductors & Semiconductor Equipment industry group

63.66%

NVDA: 63.66%
Max: 49.92%
Q3: 22.56%
Median: 9.63%
Q1: 0.00%
Min: -20.29%

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Before financing and tax, both Micron Technology (MU) at 80.68% and NVIDIA (NVDA) at 66.24% run unusually efficient core operations — each operating margin clears its industry’s benchmark range.

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU: 80.68%
Max: 54.31%
Q3: 23.34%
Median: 13.33%
Q1: 0.62%
Min: -31.62%

NVDA

Semiconductors & Semiconductor Equipment industry group

66.24%

NVDA: 66.24%
Max: 54.31%
Q3: 23.34%
Median: 13.33%
Q1: 0.62%
Min: -31.62%

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
ROE (TTM)	88.26%	117.21%
ROA (TTM)	44.56%	53.57%
Net Margin (TTM)	63.80%	63.66%
Operating Margin (TTM)	80.68%	66.24%
Gross Margin (TTM)	80.72%	74.67%

Growth

Revenue Growth

Both companies are growing quickly, but NVIDIA (NVDA) at 65.47% is the standout with revenue growth above its industry range; Micron Technology (MU) at 48.85% also sits in the top quartile.

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Micron Technology (MU) at 984.29% is the standout with EPS growth above its industry range; NVIDIA (NVDA) at 66.67% also sits in the top quartile.

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
Revenue Growth (YoY)	48.85%	65.47%
Revenue Growth (3Y CAGR)	6.71%	100.05%
EPS Growth (YoY)	984.29%	66.67%
EPS Growth (3Y CAGR)	-0.69%	204.24%

Financial Strength

Current Ratio (MRQ)

Both Micron Technology (MU) at 3.31 and NVIDIA (NVDA) at 4.59 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max: 9.75
Q3: 5.41
Median: 3.44
MU: 3.31
Q1: 2.34
Min: 1.03

NVDA

Semiconductors & Semiconductor Equipment industry group

4.59

Max: 9.75
Q3: 5.41
NVDA: 4.59
Median: 3.44
Q1: 2.34
Min: 1.03

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Micron Technology (MU) at 0.04 keeps leverage in the lower industry quartile, while NVIDIA (NVDA) at 0.17 runs a more typical debt-to-equity mix.

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.44
Q3: 0.65
Median: 0.17
Q1: 0.04
MU: 0.04
Min: 0.00

NVDA

Semiconductors & Semiconductor Equipment industry group

0.17

Max: 1.44
Q3: 0.65
Median: 0.17
NVDA: 0.17
Q1: 0.04
Min: 0.00

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
Current Ratio (MRQ)	3.31	4.59
Debt / Equity (MRQ)	0.04	0.17
Net Debt / EBITDA	-0.35	-0.12

Dividends

Dividend Yield (TTM)

Micron Technology (MU) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile NVIDIA (NVDA) reports a yield of 0.12%, ranking against industry peers normally.

MU

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 0.76%
Q3: 0.31%
MU: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NVDA

Semiconductors & Semiconductor Equipment industry group

0.12%

Max: 0.76%
Q3: 0.31%
NVDA: 0.12%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both Micron Technology (MU) at 0.71% and NVIDIA (NVDA) at 3.54% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max: 43.44%
Q3: 18.06%
MU: 0.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NVDA

Semiconductors & Semiconductor Equipment industry group

3.54%

Max: 43.44%
Q3: 18.06%
NVDA: 3.54%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
Dividend Yield (TTM)	0.00%	0.12%
Dividend Payout Ratio (TTM)	0.71%	3.54%

Valuation

P/E Ratio (TTM)

Both Micron Technology (MU) at 14.77 and NVIDIA (NVDA) at 29.17 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

MU

Semiconductors & Semiconductor Equipment industry group

14.77

Max: 175.17
Q3: 100.69
Median: 50.89
Q1: 34.58
MU: 14.77
Min: 10.61

NVDA

Semiconductors & Semiconductor Equipment industry group

29.17

Max: 175.17
Q3: 100.69
Median: 50.89
Q1: 34.58
NVDA: 29.17
Min: 10.61

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Micron Technology (MU) at 9.11 and NVIDIA (NVDA) at 18.65 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

MU

Semiconductors & Semiconductor Equipment industry group

9.11

Max: 29.23
Q3: 18.65
MU: 9.11
Median: 7.79
Q1: 3.33
Min: 0.01

NVDA

Semiconductors & Semiconductor Equipment industry group

18.65

Max: 29.23
NVDA: 18.65
Q3: 18.65
Median: 7.79
Q1: 3.33
Min: 0.01

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Micron Technology (MU) at 12.05 is valued about in line with its industry on P/B ratio, while NVIDIA (NVDA) at 24.67 carries an above-peer premium to book — NVDA is pricier on assets.

MU

Semiconductors & Semiconductor Equipment industry group

12.05

Max: 25.01
Q3: 13.09
MU: 12.05
Median: 6.24
Q1: 3.12
Min: 0.17

NVDA

Semiconductors & Semiconductor Equipment industry group

24.67

Max: 25.01
NVDA: 24.67
Q3: 13.09
Median: 6.24
Q1: 3.12
Min: 0.17

Micron Technology (MU) vs. NVIDIA (NVDA): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Micron Technology (MU) and NVIDIA (NVDA)
Metric	MU	NVDA
P/E Ratio (TTM)	14.77	29.17
P/S Ratio (TTM)	9.11	18.65
P/B Ratio (MRQ)	12.05	24.67
Free Cash Flow Yield (TTM)	2.30%	0.74%