Better Semiconductor Stock: Intel vs. Nvidia
The semiconductor sector is growing rapidly thanks to the rise of artificial intelligence (AI), making it a great area to invest in. The industry saw 19% year-over-year revenue growth to $627 billion in 2024, and is forecast to hit $981 billion by 2029.
Two giants of the industry to consider investing in are (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA). The former enjoyed decades of dominance in the PC arena. The latter flourished as its semiconductor chips proved popular for AI.
Reasons exist to buy shares in one or the other. But which might be the better semiconductor investment for the long haul? Here's a look at Intel and Nvidia to answer that question.
Source Fool.com
Intel Corp. Stock
€39.03
-0.310%
Our community is currently high on Intel Corp. with 22 Buy predictions and 18 Sell predictions.
On the other hand, the target price of 29 € is below the current price of 39.03 € for Intel Corp., so the potential is actually -25.69%.
