Equinix Inc vs Micron Technology, Inc. — how do they compare? Equinix Inc trades at $1,009.4 (market cap $100.85B), while Micron Technology, Inc. trades at $868.89 (market cap $1.02T). The key difference: Micron Technology, Inc. is far larger — about 10.1× Equinix Inc's market cap, and Equinix Inc pays the higher dividend (1.93%). Which is the better fit depends on your goals.
| EQIX | MU | |
|---|---|---|
Market Cap | $100.85B | $1.02T |
Sector | Real Estate | Technology |
52-Week High | $1.12K | $1.21K |
52-Week Low | $726.09 | $104.88 |
Enterprise Value | $121.14B | $1.00T |
Dividend Yield | 1.93% | 0.06% |
Trailing returns across standard periods
Latest headlines on both assets
Equinix is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a collocated environment. Tenants can then connect with each other, through cloud service providers and telecom networks. Equinix operates 240 data centers in 66 markets worldwide and owns just less than half of them. The firm has roughly 10,000 customers, including 2,000 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services, and Enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from connecting customers with each other. Equinix operates as a real estate investment trust.
Read more on EQIX →Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
Read more on MU →