Intel vs. TSMC: Can Intel Close the Gap?

Intel ((INTC) reported earnings yesterday afternoon, and while results beat expectations on both the top and bottom line, the headline numbers mask the deeper debate surrounding the stock. Earnings rose 15% year over year and revenue declined 4%, though Q1 remains a seasonally weak period for Intel’s businesses.Despite the earnings beat, shares are down nearly 17% on the day. However, even after today’s sharp selloff, the stock is still up more than 20% in just the first three weeks of the year, underscorin ...