ARM vs MU

Arm Holdings plc and Micron Technology, both Technology

Micron Technology is the larger company at $1.3T against $469B. On trailing earnings MU is the cheaper of the two at a P/E of 21.5 against 296.5, a gap that is only a bargain if the two are growing at similar rates. Over the past year MU returned +776% against +86% for ARM. Ryufin's sector-relative Smart Score puts MU ahead, 9/10 against 5/10.

Arm Holdings plc and Micron Technologycompared on valuation, return and Ryufin’s Smart Score
FigureARMMU
Last close$252$952
Market cap$469B$1.3T
Trailing P/Elower is cheaper for the same earnings, not automatically better296.521.5
1-year return+86%+776%
5-year returnn/a+1158%
Ryufin Smart Scoresector-relative, 1–105/109/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Arm Holdings plc

Revenue of $1.5B in Q4 2026, net income $313M.

Micron Technology

Revenue of $41B in Q3 2026, net income $28B. Its largest reported line is CMBU, 33% of the disclosed total.

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