GLOBALFOUNDRIES Inc
GFS: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$77.00 | Vfjpr | Htfbkwys |
GlobalFoundries Is Well-Positioned To Enjoy Strong Growth in 2022 Thanks to Broad-Based Demand
Business Strategy and Outlook
GlobalFoundries is the world's fourth-largest dedicated contract chip manufacturer, or foundry. It creates integrated circuits for customers based on their proprietary integrated circuit designs. GlobalFoundries has benefited from the transition by most semiconductor companies from integrated device manufacturers to fabless business models. While we expect the firm to enjoy solid growth, we do not believe it has an economic moat.