Intel reminds me of IBM. It was a once great tech stock that completely missed a massive secular industry change, and is now on track to die slowly over time (unless it can find a good way to reinvent itself, which the company’s leadership team seems committed to not doing). The good news is, Intel is committed to its larger-than-average dividend. The bad news is, much like IBM over the last decade, we expect the big dividend to be mostly offset by steady long-term share price weakness. There are better investment opportunities than Intel, including the three specific chip stock opportunities we review in this report.