Micron Technology vs Nvidia (MU vs NVDA)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Nvidia is the larger company by revenue ($215.9B vs $37.4B) and market value ($5.3T vs $1.1T). Nvidia has grown revenue faster over the last 4 fiscal years (+702.3% cumulative vs +34.9%). Nvidia runs the higher operating margin (60.4% vs 26.1%). Micron Technology trades at the lower trailing P/E (21.1x vs 27.9x).
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.
About Nvidia
NVIDIA Corporation develops accelerated computing platforms primarily based on its graphics processing units (GPUs) and related software. The company serves data centers, gaming, professional visualization, and automotive markets by providing hardware, software, and networking solutions that support artificial intelligence, scientific computing, and graphics applications. Its customers include cloud service providers, enterprises, researchers, and developers across various industries.
Head to head (MU FY2025 vs NVDA FY2026)
| Metric | MUFY2025 | NVDAFY2026 |
|---|---|---|
| Revenue | $37.38B | $215.94B |
| Revenue growth (YoY) | 48.9% | 65.5% |
| Gross margin | 39.8% | 71.1% |
| Operating margin | 26.1% | 60.4% |
| Net margin | 22.8% | 55.6% |
| Net income | $8.54B | $120.07B |
| Diluted EPS | $7.59 | $4.90 |
| FCF margin | 4.5% | 44.8% |
| ROE | 15.8% | 76.3% |
| Long-term debt / equity | 0.26× | 0.05× |
| Market cap | $1.05T | $5.25T |
| P/E | 21.1× | 27.9× |
Fundamentals are from each company’s SEC filings (MU FY2025, NVDA FY2026). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| MU by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $27.70B | $30.76B | $15.54B | $25.11B | $37.38B |
| Net income | $5.86B | $8.69B | $-5.83B | $778.0M | $8.54B |
| Operating margin | 22.7% | 31.5% | -37.0% | 5.2% | 26.1% |
| NVDA by fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $26.91B | $26.97B | $60.92B | $130.50B | $215.94B |
| Net income | $9.75B | $4.37B | $29.76B | $72.88B | $120.07B |
| Operating margin | 37.3% | 15.7% | 54.1% | 62.4% | 60.4% |
Micron Technology and Nvidia use different fiscal calendars (MU's FY2025 ended 2025-08-28, NVDA's FY2026 ended 2026-01-25), so their fiscal years are shown separately rather than forced into one timeline.
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.
| Metric | MU | NVDA |
|---|---|---|
| Gross margin | 39.8%44th percentile of 78 | 71.1%95th percentile of 78 |
| Operating margin | 26.1%88th percentile of 79 | 60.4%99th percentile of 79 |
| Net margin | 22.8%86th percentile of 80 | 55.6%99th percentile of 80 |
| FCF margin | 4.5%40th percentile of 78 | 44.8%97th percentile of 78 |
| Revenue growth (YoY) | +48.9%86th percentile of 88 | +65.5%89th percentile of 88 |
| ROE | 15.8%74th percentile of 74 | 76.3%Highest of 74 |
| P/E | 21.1×19th percentile of 44 | 27.9×33rd percentile of 44 |
| Long-term debt / equity | 0.26×51st percentile of 44 | 0.05×26th percentile of 44 |
| Short interest (days to cover) | 1.00d1st percentile of 88 | 2.52d43rd percentile of 88 |
Short interest
| FINRA settlement data | MU | NVDA |
|---|---|---|
| Shares sold short | 30.0M | 286.0M |
| Change vs prior settlement | +0.4% | -2.3% |
| Days to cover | 1.00 | 2.52 |
| As of settlement | 2026-08-14 | 2026-08-14 |
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 activity (codes P/S) | MU | NVDA |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 140 ($182.2M) | 4 ($295.9M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
16 tracked 13F managers hold both Micron Technology and Nvidia as of their latest quarterly filings: AQR Capital Management, Altimeter Capital Management, Appaloosa, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Gotham Asset Management, Harris Associates (Oakmark), Maverick Capital, Millennium Management, Point72 Asset Management and 4 more. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. 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.