Arm (ARM) vs Micron Technology (MU)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Micron Technology (MU) has outperformed Arm (ARM) over the past year, gaining 485.9% versus a gain of 84.7%. Micron Technology is the larger company by market cap ($1.17 trillion vs $291.88 billion), about 4.0 times the size. On valuation, Micron Technology trades at a lower forward P/E (5.0x vs 89.2x for Arm).
Micron Technology pays a dividend yielding 0.05%, while Arm does not currently pay one. Micron Technology converts more of its revenue into profit, with a net margin of 22.8% versus 18.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARM | MU |
|---|---|---|
| Share price | $273.30 | $1,034.47 |
| Market cap | $291.88B | $1.17T |
| 1-day change | -7.16% | -4.92% |
| YTD return | +169.30% | +281.21% |
| 1-year return | +84.74% | +485.92% |
| 5-year return | — | +1507.57% |
| P/E ratio (TTM) | 281.75 | 13.92 |
| Forward P/E | 89.23 | 5.01 |
| EPS (TTM) | $0.97 | $74.33 |
| Dividend yield | 0.00% | 0.05% |
| Annual dividend | $0.00 | $0.565 |
| Revenue (latest FY) | $4.92B | $37.38B |
| Revenue growth (YoY) | +22.79% | +48.85% |
| Net income (latest FY) | $904.00M | $8.54B |
| Gross margin | 97.54% | 39.79% |
| Operating margin | 18.29% | 26.14% |
| Net margin | 18.37% | 22.84% |
| 52-week high | $452.70 | $1,255.00 |
| 52-week low | $100.02 | $179.61 |
| Distance from 52-week high | -39.63% | -17.57% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +6.37% | +48.44% |
| Average volume | 5.21M | 32.84M |
| Shares outstanding | 1.07B | 1.13B |
| Employees | 9,584 | — |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Micron Technology is about 4.0 times larger than Arm by market value ($1.17T vs $291.88B).
- MU has outperformed ARM by 401.2 percentage points over the past year.
- Arm trades at a higher earnings multiple (281.8x vs 13.9x trailing P/E).
- Micron Technology grew revenue faster in its latest fiscal year (+48.85% vs +22.79%).
About Arm
ARM stock →Arm Holdings plc researches, develops, licenses, and markets central processing unit (CPU) intellectual property (IP), graphics processing unit IP, systems IP, compute subsystems (CSS), and associated software, tools and related services. The company provides a product portfolio, including CPU IP, GPU and neural processing unit (NPU) accelerators, system IP such as interconnects, compute platform products including pre-integrated CSSs, and development tools and software.
Technology · Semiconductors · 9,584 employees
About Micron Technology
MU stock →Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.
Technology · Semiconductors
ARM vs MU FAQ
Which is bigger, Arm or Micron Technology?
Micron Technology (MU) is larger, with a market capitalization of $1.17T compared with $291.88B for Arm (ARM).
Which stock has performed better over the past year, ARM or MU?
MU returned +485.92% over the past 12 months, compared with +84.74% for ARM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARM or MU?
MU has the lower trailing P/E at 13.9, versus 281.8 for ARM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Arm or Micron Technology?
Micron Technology pays a dividend yielding 0.05%, while Arm does not currently pay a regular dividend.
Are Arm and Micron Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.