Forget Intel: Buy This Magnificent Semiconductor Stock Instead

Intel (NASDAQ: INTC) was once considered a bellwether of the semiconductor market. It was the world's largest producer of x86 CPUs for PCs and servers, and it manufactured the world's smallest, densest, and most powerful chips.But over the past 10 years, Intel's stock has declined by 37% even as the benchmark PHLX Semiconductor Sector index rallied by 243%. Intel underperformed most of its industry peers as it struggled with chip shortages, delays, and inconsistent strategies under three different CEOs. It lost the mobile CPU market, it fell behind Taiwan Semiconductor Manufacturing in the "process race" to make denser and more advanced chips, and it ceded large chunks of the desktop and laptop CPU markets to Advanced Micro Devices.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool