As the global chip shortage rages on, the shares of automakers and electronic device makers suffer. However, chip stocks continue to see gains. Taiwan Semiconductor Manufacturer Co (TSM) and Intel (NASDAQ:INTC) are two well known chip stocks, but which is the better buy? Read more to find out.When it comes to semiconductors, most investors gravitate toward the industry's top names, such as NVIDIA (NASDAQ:NVDA). However, the industry has a wide range of other publicly traded chipmakers, some of which are deserving of your investing dollars. At the very least, these stocks are worthy of analysis.
Shift your attention away from NVDA and the sector's recent top performers, and you will find some surprisingly attractive buying opportunities. The moral of this story is it is a mistake to assume all semiconductor stocks are overvalued simply because the industry has been on a hot streak for more than a year.
Taiwan Semiconductor Manufacturer Co (TSM) and Intel (INTC) are two semiconductor stocks every investor should analyze in-depth. I've done the work for you. Here is a quick look at each of these stocks.