Micron Technology or Texas Instruments: Which Stock Has More Upside?
Texas Instruments surged 10% during the past Week. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Micron Technology gives you more. Micron Technology (MU) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Texas Instruments (TXN) stock, suggesting you may be better off investing in MU
- MU’s quarterly revenue growth was 196.3%, vs. TXN’s 10.4%.
- In addition, its Last 12 Months revenue growth came in at 85.5%, ahead of TXN’s 13.0%.
- MU’s LTM margin is higher: 48.4% vs. TXN’s 34.7%.
These differences become even clearer when you look at the financials side by side. The table highlights how TXN’s fundamentals stack up against those of MU on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| TXN | MU | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 31.8 | 16.8 | MU |
| Revenue Growth | |||
| Last Quarter | 10.4% | 196.3% | MU |
| Last 12 Months | 13.0% | 85.5% | MU |
| Last 3 Year Average | -3.4% | 45.3% | MU |
| Operating Margins | |||
| Last 12 Months | 34.7% | 48.4% | MU |
| Last 3 Year Average | 36.9% | 15.6% | TXN |
| Momentum | |||
| Last 3 Year Return | 31.0% | 573.3% | TXN |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: TXN Revenue Comparison | MU Revenue Comparison
See more margin details: TXN Operating Income Comparison | MU Operating Income Comparison
See detailed fundamentals on Buy or Sell MU Stock and Buy or Sell TXN Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| TXN Return | 18% | -10% | 6% | 13% | -4% | 25% | 52% | ||
| MU Return | 24% | -46% | 72% | -1% | 240% | 48% | 475% | <=== | |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% | ||
| Monthly Win Rates [3] | |||||||||
| TXN Win Rate | 67% | 42% | 58% | 50% | 50% | 50% | 53% | ||
| MU Win Rate | 42% | 42% | 58% | 50% | 75% | 50% | 53% | ||
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | 62% | <=== | |
| Max Drawdowns [4] | |||||||||
| TXN Max Drawdown | -1% | -20% | -12% | -7% | -22% | 0% | -10% | ||
| MU Max Drawdown | -12% | -47% | 0% | -7% | -23% | 0% | -15% | ||
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | -9% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 4/10/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read MU Dip Buyer Analyses to see how the stock has fallen and recovered in the past.
Still not sure about TXN or MU? Consider portfolio approach.
Portfolios Are The Smarter Way To Invest
Individual stocks can soar or tank, but one thing matters: staying invested. The right portfolio can help you stay invested, capture upside, and mitigate the downside associated with any individual stock.
Why settle for average market returns? The Trefis High Quality (HQ) Portfolio invests in a diverse group of 30 stocks that have collectively delivered stronger upside with reduced volatility compared to the broader indices. Discover the methodology behind these smoother, higher returns by checking the HQ Portfolio performance data.