With a long-term investment horizon, the positive supply-and-demand story around GlobalFoundries makes the shares a buy . But the stock is volatile, and the big capacity expansion that began in 2021 may mean producers will be dealing with rising inventories and an oversupply in a few years.
Read moreWill NIO stock go up CNN?
Stock Price Forecast The 25 analysts offering 12-month price forecasts for NIO Inc have a median target of 52.28, with a high estimate of 88.02 and a low estimate of 30.04 . The median estimate represents a +146.96% increase from the last price of 21.17.
Read moreIs UMC a good stock to buy?
Valuation metrics show that United Microelectronics Corporation may be undervalued . Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of UMC, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
Read moreIs GlobalFoundries a good stock?
Rising Revenues and Profits Since the IPO, the earnings news on GlobalFoundries has been all good . For the fourth quarter of 2021, and just its second quarter of public reporting, the company announced continued strong demand for its products. Sales reached $1.85 billion, beating expectations.
Read moreWho uses GlobalFoundries?
“I think for the better part of the next five to 10 years, we’re going to be chasing supply not demand,” GlobalFoundries CEO Tom Caulfield said in an interview with CNBC. GlobalFoundries’ clients include Qualcomm, MediaTek, NXP Semiconductors and Qorvo .30 Eki 2021
Read moreIs GlobalFoundries profitable?
MALTA – GlobalFoundries turned a profit for the first time , it revealed on Tuesday, as it released its first quarterly earnings report after its initial public offering in late October.
Read moreWhat chips do GlobalFoundries make?
As of 2021, GlobalFoundries is the fourth-largest semiconductor manufacturer; it produces chips for more than 7% of the $86 billion semiconductor manufacturing services industry. … GlobalFoundries. TypePublic companyRevenueUS$6 billion (2020)Number of employees15,000Websiteglobalfoundries.comFootnotes / referencesGlobalFoundries – Wikipedia en.wikipedia.org › wiki › GlobalFoundries
Read more