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The semiconductor industry is thriving as the rise of artificial intelligence drives the need for increasing computing power.
Fool.com contributor Parkev Tatevosian compares TSMC (TSM 3.42%) with Intel (INTC 0.48%) and ASML (ASML -1.31%) to determine the better semiconductor stock to buy today.
*Stock prices used were the afternoon prices of May 30, 2024. The video was published on June 1, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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