Time to Buy AMD or Intel Stock for 2023?

Semiconductors were some of the hardest-hit equities this year and investors are surely wondering if these stocks will rebound in 2023. Among chip stocks, Advanced Micro Devices $Advanced Micro Devices(AMD.US)$ and Intel $Intel(INTC.US)$ are names that will draw interest.

The two companies have battled for market share in the industry becoming somewhat fierce competitors. AMD had momentarily and monumentally passed Intel in terms of market cap earlier in the year.