The red-hot maker of graphics chips is facing headwinds that range from the aftereffects of pandemic-era spending to waning demand from gamers. Read More...
Motley Fool
Better Buy: Intel vs. Micron Technology
The PHLX Semiconductor Sector Index has shed more than 23% of its value in 2022, which is a tad surprising as the booming demand for chips has led to sharp growth in the semiconductor industry’s revenue. Intel (NASDAQ: INTC) stock is down 11% this year, while Micron Technology (NASDAQ: MU) has suffered a bigger drop of 25%. Intel, whose processors are used in computers and data centers, has shown some resilience on the market this year thanks to its cheap valuation and a potential turnaround in its fortunes.
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