Semiconductor companies are looking for government assistance.
Today's video focuses on recent news affecting Intel (INTC -0.06%) and GlobalFoundries (GFS 1.38%). These two companies have recently invested in building or expanding semiconductor manufacturing plants in the U.S. Unfortunately, some of these investments might be put on pause. Check out the short video below to learn more.
*Stock prices used were the market prices of June 28, 2022. The video was published on June 28, 2022.
Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and short January 2023 $57.50 puts on Intel. 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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