globalfoundries
Shares of chip manufacturer GlobalFoundries jumped in heavy trading volume Tuesday following the company’s third-quarter report, which topped analysts’ views.The company issued guidance for the current quarter that came in ahead of consensus estimates.The stock is among top performers within the chip manufacturing industry.GlobalFoundries’s Share RiseThe semiconductor manufacturing industry has been powering down throughout 2022, but newly-public GlobalFoundries (NASDAQ:GFS) is bucking that trend with a gain of 10.90% in the past month and 5.99% in the past three months. Q3 2022 hedge fund let...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on Ford entering the semiconductor chip business, Louis Navellier wrote: Infrastructure Bill Will Increase InflationOur survey this week revealed that 85% of retail investors believe that the recently passed infrastructure bill will increase inflation. One respondent called it “throwing gas on a fire.” The poor and middle class are increasingly frustrated every time they go to the gas station or the grocery store. Due to a turkey shortage, many Americans are going to be eating chicken for Thanksgiving, but the price of chicken has ...
ValueWalk
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