3 Chip Stock Winners from Intel's Ugly Earnings Report

Late last week, Intel's (INTC) horrible earnings report led chip stocks lower - but simultaneously opened up new avenues for its competition. After Intel's lackluster quarterly earnings, some analysts believe the struggling semiconductor giant's industry rivals - including Advanced Micro Devices (AMD), Qualcomm (QCOM), and Taiwan Semiconductor (TSM) - can capitalize on its woes.

While Benchmark says the quarterly report suggests Intel is bleeding market share to AMD, QCOM's utilization of Arm (ARM)-based designs and TSMC's advanced manufacturing capabilities could give these rival stocks their own edge over Intel in the evolving semiconductor landscape. Here's a look at Intel's top competitors now.