Micron’s prospects are also very strong. The chip maker is benefiting from strong memory prices, but is taking a measured approach toward supporting growth and keeping margins steady. Micron is shifting from DRAM to NAND, to maximize the return on transitioning to 16 nanometer production. Micron will have production samples by early calendar Q2.High short term risks? A relatively lower valuation for Micron and Qualcomm may not prevent shares from selling off, but it does make these companies more attractive. It seems inevitable that the rate of smartphone sales would moderate after many years of rapid growth, although the long-term demand remains strong and the upgrade cycle for end users unlikely to slow down. Do you think these smartphone suppliers are worth investing in? Uset the list below as a starting point for your own analysis. 1. NVIDIA Corporation ( NVDA): Provides visual computing, high performance computing, and mobile computing solutions. Market cap at $8.82B, most recent closing price at $15.18.
2. QUALCOMM Incorporated ( QCOM ): Engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. Market cap at $124.03B, most recent closing price at $72.96. 3. SanDisk Corp. ( SNDK ): Designs, develops, manufactures, and markets NAND-based flash data storage card products that are used in various consumer electronics products. Market cap at $15.52B, most recent closing price at $67.40. 4. Micron Technology Inc. ( MU ): Engages in the manufacture and marketing of semiconductor devices worldwide. Market cap at $20.86B, most recent closing price at $20.19. Written by Chris Lau Kapitall Wire contributor. All data sourced from Zacks Investment Research.)