Intel vs. Micron Technology: Which Chip Stock is the Better Buy?

Smartphones. Laptops. Electric vehicles. Internet-enabled devices, like wearables. Home appliances. These are some of the devices we use daily and are essential to our modern way of living.What is the heartbeat of all these devices? What is the one component that makes them tick?Semiconductors. Semiconductors are the lifeblood of any modern technological device.Two companies which occupy a preeminent position presently in the semiconductor industry are Intel (INTC) and Micron Technology (MU).At the current juncture, which among the two is better placed in the semiconductor war? Micron Stock Performed Slightly Better Year-to-DateIntel is a seasoned player which has been operating in the chip space for more than five decades and Micron was established in 1978. 

So far in 2023, INTC (INTC)  is up 27.9% and MU (MU)  is up 28.6%. The appreciation in share price in both stocks can be attributed to the wider rally witnessed in semiconductor stocks in 2023.