The biggest opportunities from today's sell-off in chip stocks (SOXX) are in Intel (INTC -1.9%)...

|About: Intel Corporation (INTC)|By:, SA News Editor

The biggest opportunities from today's sell-off in chip stocks (SOXX) are in Intel (INTC -1.9%) and Qualcomm (QCOM -1.6%), Wells Fargo's David Wong, who downgraded the sector, tells CNBC: "These are stocks with particularly strong fundamentals... [INTC] has recovered nicely from its glitch in its Sandy Bridge chip set... [QCOM] is an excellent tablet and smartphone play."