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Correlation Analysis

Nvidia Corp vs Micron Technology, Inc.

NVDA vs MU

+0.713

Strong positive

When one moves up, the other tends to follow.

NVDA logo

Nvidia Corp

NVDA

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Market cap 4.3T

MU logo

Micron Technology, Inc.

MU

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Market cap 426B · 53,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnologyTechnology

Time Series

Relative Performance

Green: NVDAGray: MU36 of 1,254 points (sampled)

Who Moves First

NVDA leads MU by 6 days

NVDA tends to move before MU.

After testing 13 timing shifts, the strongest relationship was +0.718 (they moved in the same direction).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

-0.102

14 periods · Return correlation when both series rose

Both Falling

+0.644

10 periods · Return correlation when both series fell

Diverging

-0.913

11 periods · Return correlation when series moved apart

R-Squared

50.8%

Share of variance in one series explained by the other.

Trend Agreement

71.4%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.684, 0.739]

Scatter

XY Regression

-1.705010015020021822100200300400443Nvidia CorpMicron Technology, Inc.Data pointsFit (r = 0.713)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

MU logo

Micron Technology, Inc.

MU

Market cap 426B · 53,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

22

Estimated crossover points between normalized spreads.

Slope

0.8995

Linear regression slope.

Intercept

38.6806

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-nvda-vs-stock-mu-daily-20260408-pqfhyl