TheStreet's Market Recon columnist Stephen Guilfoyle likes tech stocks Nvidia (NVDA) and Intel (INTC) for 2017's second half.

Guilfoyle said during TheStreet's July Trading Strategies roundtable that even if Intel -- which has more or less traded flat for the past three years -- doesn't move much, it still offers a generous dividend yield and the possibility of future gains.

"Intel stays in the low-$30s and pays you 3.2%," he said. "And they're heavily involved in this driverless auto theme that everyone's talking about."

As for Nvidia, the columnist noted that NVDA is involved in "everything that's relevant right now," from artificial intelligence to block-chain technology. Guilfoyle, a former New York Stock Exchange trader, said that while Nvidia is a "dangerous stock" due to its current high value, he ultimately favors the name.

"While it's widely overvalued by traditional valuation markets, I do think you want exposure to Nvidia," Guilfoyle said. "[The stock is] up from where I bought it, but I'm actually hoping it comes in so I can load up on it a little bit."

Guilfoyle isn't the only columnist for TheStreet who's eying the two semiconductor giants. On Monday, Jim Cramer pointed out that Nvidia "is like Intel was in 1993" -- the year that INTC released its Pentium processor. However, Intel was only trading in the single-digits in the early '90s, while Nvidia has been in triple-digit territory all year.

Nvidia shares rose 3.2% early Wednesday afternoon, while Intel added 0.5%.

Follow Stephen on Twitter here.

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