Better Buy: Western Digital vs. Intel
The past year hasn't been a good one for the semiconductor industry. After a huge surge in demand over 2017 and 2018, the trade war between the U.S. and China led to semiconductor buyers turning very cautious late last year and in early 2019, leaving the industry oversupplied.
This has been true of both the storage business, which is the primary business of Western Digital (NASDAQ: WDC), and the processor business, which is the main profit center for Intel (NASDAQ: INTC). While Intel does have a NAND flash storage business line that competes with Western Digital, it's a relatively minor part of Intel's business when compared with its dominance in processors for PCs and data centers. Western Digital's entire business spans storage solutions, both in hard disk drives, as well as the newer NAND flash technology.
Given the bottoming of the chip cycle we are experiencing today, which company makes the better buy at this moment?
Source Fool.com
