InvestMoat

Head to head

Micron vs SK hynix

SK hynix has the wider moat. So why does Micron win?

The short answer

Micron edges it, 73 to 72, on valuation.

SK hynix wins on moat, but Micron's lead on valuation counts for more.

Micron full analysisSK hynix full analysisSwap in another name

MU · Semiconductors

Micron Technology

…

HoldFull analysis

000660.KS · Semiconductors

SK hynix

…

HoldFull analysis

Scores

MU

000660.KS

Composite
73
(higher)
72
Moat
67
71
(higher)
Growth
73
73
Valuation
76
(higher)
71

Price targets

MU

000660.KS

Bear
$550
₩1,000,000
Base
$1150
₩2,000,000
Bull
$1700
₩2,900,000
Upside to base
—
—

Growth

MU

000660.KS

Revenue CAGR, 3–5 yr
12–20%
12–20%

AI-resilient moats · 80%

MU

000660.KS

Proprietary Data
Intact
Intact
Regulatory Lock-In
Intact (higher)
N/A
Network Effects
N/A
N/A
Transaction Embedding
Strong (higher)
Intact
System of Record
N/A
N/A
Scale Economics
Intact
Strong (higher)
Brand & Pricing Power
N/A
N/A

AI-vulnerable moats · 20%

MU

000660.KS

Learned Interfaces
N/A
N/A
Business Logic
N/A
N/A
Public Data Access
N/A
N/A
Talent Scarcity
Intact
Intact
Bundling
Weakened (higher)
N/A

Shaded cells mark the higher score or stronger moat on each row. Valuation and composite use the live price when it is available, the same as each stock page.

Micron or SK hynix? Common questions

Which is the better stock, Micron or SK hynix?

Micron edges it, 73 to 72, on valuation. SK hynix wins on moat, but Micron's lead on valuation counts for more. Our rating: Micron Hold, SK hynix Hold.

Does Micron or SK hynix have the wider moat?

SK hynix scores 71 on moat to Micron's 67. Micron is rated stronger on transaction embedding. SK hynix is rated stronger on scale economics.

Which is growing faster, Micron or SK hynix?

Both score 73 on growth. We expect Micron to grow 12–20% a year, SK hynix 12–20%.

Is Micron or SK hynix cheaper right now?

Micron scores 76 on valuation to SK hynix's 71. In our base case, Micron has more upside: +31% vs +13%.

More head-to-heads

Micron vs SamsungSamsung vs SK hynixVisa vs MastercardNVIDIA vs AMDMicrosoft vs GoogleCostco vs Walmart

Scores in the answers use the price each valuation was last struck at; the table above updates with the live price. Not investment advice.