Invest in This Stock Now: It May Go Big [Yahoo! Finance]
GlobalFoundries Inc. (GFS)
Company Research
Source: Yahoo! Finance
Specifically, the act appropriated $39 billion to help wean U.S. dependence on semiconductor manufacturers in Taiwan and South Korea for chips needed in everything from spy satellites and telecom gear to medical devices and missiles. Check Out: I'm a Self-Made Millionaire: 5 Stocks You Shouldn't Sell Try This: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy In March, 2024, semiconductor giant Intel became the biggest single beneficiary of the deal , receiving a loan and grant package to expand domestic semiconductor manufacturing at the company's plants in New Mexico, Ohio, Oregon and Arizona. Here are the particulars of the deal, including how other semi companies stand to gain, and a look at whether or not this makes Intel a good buy right now. What Is the Deal Intel Struck With the Government? The U.S. government, under authorization by the CHIPS Act, awarded $8.5 billion in federal grants and an additional $11 billion in loans to use four
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GFS
News
- GlobalFoundries Recognized on USA Today's “America's Climate Leaders 2024” List [Yahoo! Finance]Yahoo! Finance
- GlobalFoundries Recognized on USA Today’s “America’s Climate Leaders 2024” ListGlobeNewswire
- Communications Challenges In A Post-CHIPS Act World [Forbes]Forbes
- Nvidia tops $1,000, but chips mixed on Thursday [Seeking Alpha]Seeking Alpha
- GLOBALFOUNDRIES (NASDAQ:GFS) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]Yahoo! Finance
GFS
Earnings
- 5/7/24 - Beat
GFS
Sec Filings
- 5/29/24 - Form SD
- 5/28/24 - Form 6-K
- 5/24/24 - Form 424B7
- GFS's page on the SEC website