Why Investors Should Keep an Eye on This Semiconductor Manufacturing Company -- and It Is Not TSM

By Jose Najarro – Nov 13, 2022 at 9:00AM

NASDAQ: GFS

Globalfoundries

Market Cap

$25B

Today's Change

(-1.34%) -$0.63

Current Price

$46.26

Price as of April 19, 2024, 4:00 p.m. ET

GlobalFoundries recently reported year-over-year revenue growth of over 20%.

In today's video, Jose Najarro and Nick Rossolillo discuss GlobalFoundries (GFS -1.34%) and its recent third-quarter earnings, which showed a record quarterly revenue of $2.1 billion, up 22% year over year. Nick Rossolillo has some concerns about the stock and its valuation. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Nov. 9, 2022. The video was published on Nov. 11, 2022.

Jose Najarro has no position in any of the stocks mentioned. Nicholas Rossolillo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.