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

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

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

In today's video, Jose Najarro and Nick Rossolillo discuss GlobalFoundries (GFS +0.74%) 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.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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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.

Stocks Mentioned

GlobalFoundries Stock Quote
GlobalFoundries
NASDAQ: GFS
$47.57
(+0.74%)+$0.35

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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