Better Semiconductor Stock: Intel vs. Taiwan Semiconductor
(NASDAQ: INTC) and Taiwan Semiconductor Manufacturing (NYSE: TSM) are two of the world's largest chipmakers, yet their stocks have gone in opposite directions over the past month. Intel's stock has declined 13%, while TSMC's shares have advanced 13%.
Both of these stocks made big moves after their latest earnings reports in January. Intel's shares sank after it provided gloomy guidance for the first quarter, yet TSMC's stock rallied after it provided a much brighter outlook for the same period. Let's see why these two stocks diverged -- and whether TSMC will continue to outperform Intel in 2024.
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Source Fool.com
Intel Corp. Stock
€28.90
0.750%
Currently there is a rather positive sentiment for Intel Corp. with 23 Buy predictions and 12 Sell predictions.
As a result the target price of 38 € shows a positive potential of 31.49% compared to the current price of 28.9 € for Intel Corp..
