Key News Facts
- Micron Technology (NASDAQ: MU) is trading at 9.2 times forward earnings, highlighting its current undervaluation despite being a key supplier for Nvidia (NASDAQ: NVDA).
- Alphabet (NASDAQ: GOOG) has diversified interests, including YouTube, Waymo, Android, and Google Cloud, making it less vulnerable compared to peers like Nvidia, which has only one main revenue driver.
- Micron’s sales have risen by 58% over the past two years, while its free cash flow shifted from a negative $4.7 billion to a positive $1.9 billion.
