nasdaqgfs
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
These 3 Semi Stocks Should Be On Your RadarFinding valid reasons to invest in semiconductor stocks is certainly not difficult. These tiny chips are critical for powering up some of the most exciting technology today, including smartphones, data centers, and even electric vehicles. Then you have the global semiconductor shortage that has caused the worldwide demand for these powerful products to increase dramatically. While this shortage will potentially limit growth for semi companies in the near term, it’s hard to not be upbeat about the future of this industry over the next decade. Q4 2021 h...
ValueWalk
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