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Better Buy: Intel vs. AMD

TheMotleyFool

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Better Buy: Intel vs. AMDPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png

Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) have experienced contrasting starts on the stock market in 2022, with the former heading higher despite the sell-off in tech stocks.

AMD, meanwhile, has lost ground, as investors seem to be hitting the sell button on tech stocks trading at rich valuations thanks to a potential increase in interest rates by the Federal Reserve. On the other hand, the signs of a turnaround at Intel and its cheap valuation have probably made it an attractive bet for investors hunting for value plays.