Nvidia Just Passed Intel in This Key Metric for the First Time, but Which Is the Better Buy?
Investors have seen a tectonic shift in the semiconductor industry over the past few years, with Nvidia (NASDAQ: NVDA) rising in stature and Intel (NASDAQ: INTC) falling behind rivals for the first time in decades. Nvidia's leadership in GPUs enabled it to surpass Intel in terms of market cap back in 2020. But it wasn't until the recently completed second quarter that Nvidia surpassed Intel in revenue for the first time:
NVDA Revenue (Quarterly) data by YCharts
Source Fool.com
Intel Corp. Stock
€17.04
-2.380%
Our community is currently high on Intel Corp. with 28 Buy predictions and 15 Sell predictions.
With a target price of 38 € there is potential for a 123.0% increase which would mean more than doubling the current price of 17.04 € for Intel Corp..
