ProShare Advisors Sells Shares of GLOBALFOUNDRIES

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Globalfoundries Inc Stock Fair Value – GLOBALFOUNDRIES ($NASDAQ:GFS) Inc is a leading provider of semiconductor manufacturing services. It offers a comprehensive portfolio of technologies and services, including silicon-on-insulator , strained silicon, fully depleted silicon-on-insulator , embedded flash, advanced packaging, memory and RF technologies.

The company has a strong track record of innovation and customer satisfaction. Its products are used in a wide range of electronic devices and systems, including mobile phones, tablets, digital consumer electronics, computing, automotive, industrial and aerospace applications.

Price History

On Tuesday, ProShare Advisors announced that it had sold shares of GLOBALFOUNDRIES, a leading provider of semiconductor manufacturing services. The move came as the company’s stock price has been on the rise in recent months, and ProShare Advisors believes that now is a good time to take profits. So far, the media sentiment towards GLOBALFOUNDRIES has been mostly positive. The company’s stock price has been climbing steadily, and it is now one of the largest providers of semiconductor manufacturing services in the world.

With the demand for semiconductors only expected to increase in the coming years, GLOBALFOUNDRIES is well-positioned to continue growing. On Tuesday, GLOBALFOUNDRIES’ stock opened at $58.1 and closed at $57.0, up by 0.5% from its last closing price of $56.7. This latest move by ProShare Advisors is likely to only further increase the company’s stock price in the short-term.

VI Analysis – Globalfoundries Inc Stock Fair Value

GLOBALFOUNDRIES INC is a company with strong fundamentals that reflect its long term potential. The intrinsic value of GLOBALFOUNDRIES INC shares is around $57.7, which is calculated by taking into account the company’s financials, growth prospects, and other factors. The current share price of $57.0 reflects a fair price that is undervalued by 1%.

VI Peers

With the technological advances in the semiconductor industry, the competition between foundries has become increasingly fierce. GLOBALFOUNDRIES Inc, a leading foundry company, has been locked in a battle with its competitors, Advanced Micro Devices Inc, Taiwan Semiconductor Manufacturing Co Ltd, and Intel Corp. In order to maintain its competitive edge, GLOBALFOUNDRIES has made significant investments in cutting-edge manufacturing technologies and has been aggressively expanding its production capacity.

– Advanced Micro Devices Inc ($NASDAQ:AMD)

Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.

As of 2022, AMD has a market cap of $93.57 billion and a return on equity (ROE) of 4.13%. The company’s products are used in a variety of electronic devices, including personal computers, game consoles, and servers. AMD is a leading supplier of microprocessor technology for the PC market.

– Taiwan Semiconductor Manufacturing Co Ltd ($TWSE:2330)

Taiwan Semiconductor Manufacturing Co Ltd is a semiconductor foundry. The company has a market cap of 10.29T as of 2022 and a Return on Equity of 22.34%. Taiwan Semiconductor Manufacturing Co Ltd is the world’s largest dedicated semiconductor foundry and one of the largest fabless semiconductor companies. The company offers a comprehensive set of IC design enablement tools, libraries, IPs, design services, advanced packaging, test and yield optimization solutions to help customers accelerate time-to-market.

– Intel Corp ($NASDAQ:INTC)

Intel Corp. is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world’s largest and highest valued semiconductor chip manufacturer based on revenue and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactures motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.

The company’s market cap is $108.48B as of 2022 and has a return on equity of 19.16%. Intel Corp is a technology company that designs and manufactures computer processors and other components. The company is headquartered in Santa Clara, California, in the Silicon Valley.

Summary

GLOBALFOUNDRIES is a leading provider of advanced semiconductor manufacturing services. The company has a strong track record of delivering high-quality, innovative products and services to its customers. GLOBALFOUNDRIES is an attractive investment for those looking to gain exposure to the semiconductor industry. The company has a strong financial position and is well-positioned to continue its growth trajectory.