Rival Chip Stocks

$NVIDIA(NVDA.US)$ and $Advanced Micro Devices(AMD.US)$ are established leaders in the semiconductor industry.

Among top chip stocks, Nvidia helps to lead IBD's Electronics-Semiconductor Fabless industry group. Fabless companies contract with foundries to make the chips they design. Other chip companies own their fabrication plants.

Besides NVDA, fabless chip stocks include Qualcomm, $Broadcom(AVGO.US)$ and $Monolithic Power Systems(MPWR.US)$ . The fabless group has moved up to No. 1 out of 197 industry groups.

For the best returns, investors should focus on companies that are leading the market and their own industry group.