|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||57.54 - 59.90|
|52 Week Range||44.48 - 73.25|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 30, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||78.43|
MALTA, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its fourth quarter and full year 2021 financial results after market close. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST). Interested par
Today's video focuses on Advanced Micro Devices (NASDAQ:AMD) and its recent agreement with GlobalFoundries (NASDAQ:GFS) to buy more chips. GlobalFoundries is a semiconductor manufacturer that produces chip wafers for numerous companies, including AMD. GlobalFoundries went public on Oct. 28 and has made over 40% returns to investors year to date.
Semiconductor giant Advanced Micro Devices (NASDAQ: AMD) stock is up a solid 5.7% as of 2:05 p.m. ET Monday -- the first trading day after the Christmas break. All year long, companies that build things that need semiconductors to run them -- which, at this point in history, means everything from PCs to cellphones to cars to kids' toys -- have struggled to get enough semiconductors to manufacture all the products that their customers want to buy. On the one hand, constrained chip supplies mean semiconductor makers can charge more money for their chips -- but only if they have enough manufacturing capacity to make those chips in the first place.