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Intel or Advanced Micro Devices? -Breaking

by Mike Robinson

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© Reuters Better WallStreetBets Semiconductor Stock: Intel or Advanced Micro Devices?

A high demand for semiconductors in many sectors, including electric vehicles (EVs), consumer electronics, as well rising investment to combat the shortage of chips worldwide, positions the semiconductor industry for strong growth. We believe that Intel (INTC), and Advanced Micro Devices, (NASDAQ:) should be the beneficiaries. What stock do you think is the best buy? Find out more. Intel Corporation (NASDAQ;) is a Santa Clara-based company that designs, produces, and markets essential technology for smart and cloud connected devices. It has three segments: Data Center Group; Internet of Things Group (F:); Mobileye Group (F;); and Non-Volatile Memory Solutions Group. In comparison, Advanced Micro Devices, Inc (AMD), which is also headquartered in Santa Clara, Calif., operates in two segments—Computing and Graphics; and Enterprise, Embedded, and Semi-Custom. Products include x86 processors, an accelerated CPU, integrated and discrete graphics processing units as well data centers and professional GPUs.

A huge supply/demand gap has resulted from the increased demand for semiconductor chips in many industries since last year. This has been a positive development for the semiconductor sector. Despite the fact that semiconductor companies are making huge investments to increase their production, there is still a shortage of supply.

For the future, there will be a greater demand for innovative devices featuring a broad range of technologies. Fortune Business Insights estimates that the world’s semiconductor market will expand at 8.6% annually between 2021-2028, according to their report. Both INTC as well as AMD will benefit. Surprisingly, both these stocks have been mentioned on subreddit W/WallStreetBets 15 times. Over the last year, AMD’s price has increased 64.3% while INTC returned 11.5%. Also, AMD’s 48.7% gains year-to-date are significantly higher than INTC’s 2.2% returns. Furthermore, AMD is the clear winner with 75.2% gains versus INTC’s negative returns in terms of the past six months’ performance.

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