Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Aditya Raghunath

BIZARRE: 1 mega cap chip stock to avoid in september - What They Never Told You

Chip stocks have been in focus this year amid great expectations for artificial intelligence (AI), with the VanEck Semiconductor ETF (SMH) boasting a 2023 gain of 43.5% - far outpacing a 24% return for the Nasdaq 100 Index ($IUXX). However, not all semiconductor giants are performing equally well.

In fact, industry heavyweight Intel (INTC), valued at $159.89 billion, has trailed the broader markets by a wide margin in the last two decades. Since September 2003, Intel stock has returned just 123%, compared to the game-changing returns of 1,158% provided by the Nasdaq QQQ Invesco ETF (QQQ), which tracks the performance of the Nasdaq 100 Index.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.