Are AMAT and MU correlated?

AMAT and MU have a 252-day pairwise correlation of 0.72 (tight). Values above 0.6 indicate the two stocks tend to move together as part of the same capital flow; below 0.4 they're largely independent.

Do AMAT and MU share any ETFs?

Yes - 1 ETFs hold both AMAT and MU, including SMH.

Which bubbles or themes do AMAT and MU share?

AMAT and MU are not currently in any shared bubble or theme in QuantAbundance's taxonomy.

Stock comparison

AMAT vs MU

Applied Materials, Inc. and Micron Technology, Inc.

AMATUS

Applied Materials, Inc.

Last close: $474.25
Market cap: $376.4B
Sector: Information Technology
30d return: -13.5%
90d return: +9.6%
252d return: -

MUUS

Micron Technology, Inc.

Last close: $1080.53
Market cap: $1.22T
Sector: Information Technology
30d return: +18.6%
90d return: +51.0%
252d return: -

252-day correlation

0.72tight

Pearson correlation of daily log-returns over the last 252 trading days. >0.6 = tight (move as one bloc); 0.4-0.6 = thematic linkage;<0.4 = largely independent. See the full matrix.

Shared context

ETFs (1)

SMH

Want the full picture? AMAT stock page · MU stock page · full correlation matrix

Data refreshes daily. Last close 2026-09-24.