Investing in the Intel Turnaround? Don't Be Too Quick to Draw Comparisons With AMD

The world's largest semiconductor company (as measured by revenue), Intel (NASDAQ: INTC), has not been having a good go of it as of late. The company has fallen behind technologically to leading chip fabrication behemoth Taiwan Semiconductor (NYSE: TSM), and myriad other chip designers like NVIDIA (NASDAQ: NVDA) have been scooping up sales from Intel's dominant PC and data center biz. Intel has a plan to invest heavily in its fabrication process and revamp its product designs, though, and some investors have drawn parallels between Intel now and where scrappy general purpose chip company AMD (NASDAQ: AMD) was in the years following the Great Recession of 2008-2009.