This company focuses on manufacturing chips, and it is not TSMC.
Today's video focuses on GlobalFoundries (GFS -1.34%), one of the top semiconductor manufacturing companies in the world, which is growing at double digits and has a strong balance sheet. Many investors might compare it to Taiwan Semiconductor Manufacturing (TSM -3.45%), but the two have many differences. Check out the short video below to learn more.
*Stock prices used were the closing prices of June 27, 2022. The video was published on June 27, 2022.
Jose Najarro has positions in Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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