Forget Intel: Buy This Magnificent Semiconductor Stock Instead

Broadcom is a more balanced, better diversified, and faster-growing company.Intel (INTC 1.11%) was once considered a bellwether of the semiconductor market. It was the world's largest producer of x86 CPUs for PCs and servers, and it manufactured the world's smallest, densest, and most powerful chips.But over the past 10 years, Intel's stock has declined by 37% even as the benchmark PHLX Semiconductor Sector index rallied by 243%. Intel underperformed most of its industry peers as it struggled with chip shor ...