We came across a bullish thesis on GLOBALFOUNDRIES Inc. on Ridire Research’s Substack. In this article, we will summarize the bulls’ thesis on GFS. GLOBALFOUNDRIES Inc.’s share was trading at $35.88 as of December 1st. GFS’s trailing and forward P/E were 28.10 and 18.02 respectively according to Yahoo Finance.
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GlobalFoundries (GFS) sits at the heart of the United States’ effort to reestablish semiconductor self-sufficiency, a priority now framed...
