STMicroelectronics, GlobalFoundries to Announce Plans Monday to Build French Semiconductor Factory
https://www.lefigaro.fr/societes/puces-electroniques-stmicro-et-global-foundries-s-appretent-a-devoiler-un-investissement-geant-en-france-20220710
What 6 Analyst Ratings Have To Say About GLOBALFOUNDRIES
Analysts have provided the following ratings for GLOBALFOUNDRIES (NASDAQ:GFS) within the last quarter:
Former Google CEO: How The US Can Offset Semiconductor Dependency, Bolster National Security
Reliance on Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), which manufactures 92% of the world's all advanced chips, puts the national security of the U.S. at risk, according to Eric Schmidt, former chief executive officer of Alphabet Inc.
Where GLOBALFOUNDRIES Stands With Analysts
Analysts have provided the following ratings for GLOBALFOUNDRIES (NASDAQ:GFS) within the last quarter:
Citigroup Maintains Buy on GLOBALFOUNDRIES, Raises Price Target to $70
Citigroup analyst Christopher Danely maintains GLOBALFOUNDRIES (NASDAQ:GFS) with a Buy and raises the price target from $65 to $70.
TSMC Weighs Multi-Billion Dollar Chip Plant Investment In Singapore
Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) explored building a semiconductor factory in Singapore to help address a global supply…
Earnings Scheduled For May 10, 2022
Companies Reporting Before The Bell
• The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.
India Tries To Attract Intel, TSMC, GlobalFoundries To Set Up Local Plant
India is in talks with global chipmakers Intel Corp (NASDAQ:INTC), GlobalFoundries Inc (NASDAQ:GFS), and Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) about setting up local…