Which big tech dividend on the Dow Jones Industrial Average (DJINDICES:^DJI) is better: Intel (NASDAQ:INTC) or Hewlett-Packard (NYSE:HPQ)?

Both of these tech giants have fallen from grace and are two of the worst-performing Dow stocks this year. They've seen their yields rise as share prices have fallen, and both are facing similar headwinds with lengthened upgrade cycles for personal computers and the unstoppable rise of mobile. 

However, the two companies are also extremely cheap today, so which is the better buy? Austin picks Intel, because the company has a greater chance of being able to reinvent itself for a more mobile world, and its bread-and-butter PC and enterprise divisions still have significant (though reduced) value.

Austin Smith owns shares of Apple and Intel. Chris Bledsoe owns shares of Apple. The Motley Fool owns shares of Apple and Intel. Motley Fool newsletter services recommend Apple, ARM Holdings, and Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.