Better Bear Market Buy: AMD vs. Taiwan Semiconductor
Demand for high-performance semiconductors has never been higher. But even the world's leading semiconductor companies have seen dramatic valuation pullbacks in the face of macroeconomic pressures. Leading processor player Advanced Micro Devices (NASDAQ: AMD) has seen its stock fall roughly 52.5% from its peak level. Meanwhile, semiconductor fabrication leader Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is trading down roughly 38% from its high.
Which of these top semiconductor stocks looks like the better buy on the heels of recent sell-offs? Read on to see why two Motley Fool contributors have differing takes on which company looks like the better investment at today's prices.
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Source Fool.com
