2 High-Yield Dividend Tech Stocks to Buy for 2023
Tech stocks took a beating in 2022. In many cases, pandemic-era valuations that were overly optimistic were simply brought back down to earth. But in other cases, shares of good companies paying sustainable dividends were hammered to the point of pushing up dividend yields to record levels.
Semiconductor giant Intel (NASDAQ: INTC) and telecom company AT&T (NYSE: T) each face their fair share of challenges in 2023 and beyond, but dividend investors would be remiss to ignore these high-yield tech stocks.
For much of the past two years, shares of chip giant Intel have been slumping under the leadership of CEO Pat Gelsinger. Gelsinger has set in place an expensive strategy for Intel to double-down on manufacturing, regain undisputed leadership in its core CPU markets, and build its own world-class foundry business. It's been slow going, and the market hasn't been a huge fan.
Source Fool.com
