Should You Forget Intel and Buy These 2 Tech Stocks Instead?

Intel (NASDAQ: INTC) may be unrivaled in the tech sector in its underperformance in recent history. Over the last 10 years, the stock is down 26% even as many of its semiconductor peers and the "Magnificent Seven" have delivered monster returns.Intel's recent earnings report highlighted the company's multiple challenges as new CEO Lip-Bu Tan has embarked on a massive right-sizing campaign. The company has already laid off 15% of its workforce. It's spinning off its networking and edge business, turning Intel into a stand-alone company that can take on outside investment. It's also taken more impairments for equipment that's no longer useful. That's all part of Tan's strategy of refocusing the business on core priorities like AI, its x86 CPU franchise, and the launch of a foundry for its 18A process.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool