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Many semiconductor companies were great investments over the last decade, as megatrends like smartphones and content streaming drove demand and prices higher. NVIDIA(NASDAQ: NVDA) is a great example of a semiconductor winner, up around 1,100% just since January 2015. Qualcomm(NASDAQ: QCOM), on the other hand, has underperformed the S&P 500 over the same timespan, although when accounting for dividends, shares are still up around 60%.
Past performance can provide context, but now our attention must shift toward the future: Will NVIDIA or Qualcomm be the better stock to buy today?