Tired of Nvidia? Check Out These 2 Semiconductor Stocks Instead

By Jose Najarro – Jun 9, 2022 at 6:30AM

NASDAQ: MU

Micron Technology

Market Cap

$124B

Today's Change

(2.24%) $2.50

Current Price

$114.08

Price as of April 26, 2024, 10:55 a.m. ET

These two companies provide solutions for the growing automotive and robotics markets.

Today's video focuses on Micron Technology (MU 2.24%) and ON Semiconductor (ON 2.38%) and the unique solutions each provide to some of the fastest-growing markets. Micron and ON have presented information to investors showcasing that the automotive market is expected to have a double-digit compound annual growth rate for the next four years. Watch the video to learn more about these two companies' automotive solutions and financial stability.

*Stock prices used were the market prices of June 7, 2022. The video was published on June 7, 2022.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.