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Broadcom vs Micron Technology (AVGO vs MU)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Broadcom is the larger company by revenue ($63.9B vs $37.4B) and market value ($1.9T vs $1.1T). Broadcom has grown revenue faster over the last 4 fiscal years (+132.7% cumulative vs +34.9%). Broadcom runs the higher operating margin (39.9% vs 26.1%). Micron Technology trades at the lower trailing P/E (21.2x vs 66.7x).

About Broadcom

Broadcom Inc. designs, develops, and supplies semiconductor and semiconductor-based solutions along with infrastructure software solutions. Its products include digital and mixed signal devices, network interface cards, switches, and modules used in data centers, networking equipment, wireless devices, and storage systems. Broadcom serves business and government customers, including hyperscalers, original equipment manufacturers, and system integrators across markets such as networking connectivity, wireless device connectivity, servers and storage systems, and broadband.

About Micron Technology

Micron Technology Inc produces memory and storage solutions including DRAM, NAND, and NOR semiconductor products. The company serves various markets such as data centers, mobile devices, automotive, industrial, and consumer electronics through its business units focused on cloud memory, core data center, mobile and client, and automotive and embedded segments. Its products include components, modules, solid state drives, managed NAND, and multi-chip packages designed for applications ranging from AI and high-performance computing to mobile and automotive uses.

Head to head (AVGO FY2025 vs MU FY2025)

MetricAVGOFY2025MUFY2025
Revenue$63.89B$37.38B
Revenue growth (YoY)23.9%48.9%
Gross margin67.8%39.8%
Operating margin39.9%26.1%
Net margin36.2%22.8%
Net income$23.13B$8.54B
Diluted EPS$4.77$7.59
FCF margin42.1%4.5%
ROE28.4%15.8%
Debt / equity0.8×0.3×
Market cap$1.90T$1.06T
P/E (TTM)66.7×21.2×

Fundamentals are from each company’s SEC filings (AVGO FY2025, MU FY2025). P/E and market cap are derived from recent market prices and update daily.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
AVGO$27.45B$33.20B$35.82B$51.57B$63.89B
MU$27.70B$30.76B$15.54B$25.11B$37.38B
Net incomeFY2021FY2022FY2023FY2024FY2025
AVGO$6.74B$11.49B$14.08B$5.89B$23.13B
MU$5.86B$8.69B$-5.83B$778.0M$8.54B
Operating marginFY2021FY2022FY2023FY2024FY2025
AVGO31.0%42.8%45.2%26.1%39.9%
MU22.7%31.5%-37.0%5.2%26.1%

Peer standing

Where each company ranks among the 88 semiconductor companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricAVGOMU
Gross margin
67.8%91st percentile of 78
39.8%44th percentile of 78
Operating margin
39.9%97th percentile of 79
26.1%88th percentile of 79
Net margin
36.2%97th percentile of 80
22.8%86th percentile of 80
FCF margin
42.1%96th percentile of 78
4.5%42nd percentile of 78
Revenue growth (YoY)
+23.9%69th percentile of 88
+48.9%86th percentile of 88
ROE
28.4%93rd percentile of 74
15.8%75th percentile of 74
P/E (TTM)
66.7×61st percentile of 45
21.2×16th percentile of 45
Debt / equity
0.76×86th percentile of 45
0.26×50th percentile of 45
Short interest (days to cover)
2.23d61st percentile of 88
1.00d1st percentile of 88

Short interest

FINRA settlement dataAVGOMU
Shares sold short70.1M31.7M
Change vs prior settlement+14.1%-23.9%
Days to cover2.231.00
As of settlement2026-06-302026-06-30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 open-market activityAVGOMU
Buys1 ($373,570)0
Sells53 ($283.7M)158 ($156.7M)

Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.

Held by the same investors

12 tracked 13F managers hold both Broadcom and Micron Technology as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Duquesne Family Office, Gotham Asset Management, Millennium Management, Point72 Asset Management, Renaissance Technologies, Soros Fund Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.

Go deeper

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.