Automakers have struggled in recent years to secure the semiconductor chips needed in today's modern and increasingly tech-laden vehicles. The shortage has chipped away at profits, periodically idled
General Motors Co and chipmaker GlobalFoundries Inc on Thursday announced a long-term deal for the automaker to secure U.S.-made processors that will enable it to avoid the factory-halting chip shorta
GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips.
The semiconductor industry has taken a beating in the last year, with SMH off more than 25%. One outperforming chips stock features a flat YoY return as it benefits from the emerging re-shoring narrat
Analysts at Goldman do not seem to share the enthusiasm of the U.S. Department of Commerce concerning the CHIPS Act. This thesis shows that the CHIPS Act will indeed be helpful to reduce dependence on
MALTA, N.Y., Jan. 06, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today announced that it will host a conference call on Tuesday, February 14, 2023, at 8:30 a.m. ET following the relea
The pandemic created enormous challenges for semiconductor companies.
Amid the rising possibility of a recession, value stocks with solid prospects will cushion investors from market jitters while their robust fundamentals ensure higher returns. MCHP, PLUS and GFS are s
GFS vs. AMBA: Which Stock Is the Better Value Option?
Getting a jump-start on other investors is part of investing. And analysts think there's an opportunity to leap ahead of a major index.
Contract semiconductor manufacturer GlobalFoundries (NYSE: GFS) is the fourth largest producer of computer chips producing 7% of the world's supply.
GFS vs. AMBA: Which Stock Is the Better Value Option?
The recent meltdown of the technology sector is a temporary phenomenon. The fundamentals of this sector are rock solid.
The stock market ended lower Thursday, as St. Louis Fed President Bullard suggested that the Fed will keep raising rates to curb inflation. The post Stock Market Falls Amid Cautious Comments From Fed
GlobalFoundries Inc. (GFS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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