In this piece, I evaluated two semiconductor and wireless chip stocks, Broadcom Inc. (AVGO) and Intel Corporation (INTC), to determine which has better return potential. Based on a fundamental comparison of these stocks, I find AVGO a better pick for the reasons explained throughout this article.
Despite a slowdown during the second half of 2022, global semiconductor sales reached the highest ever, rising 3.3% year-over-year to $574.10 billion. Sales of chips by U.S. semiconductor companies last year amounted to $275 billion, or 48% of the global market.
