Goldman Sachs begins reporting on GlobalFoundries (GFS) stocks with a neutral rating
GlobalFoundries Inc. (NASDAQ:GFS) is one of The most promising AI stock to buy now. Goldman Sachs has begun compensation for the company’s stock with a “neutral” rating and a price target of $40. Fly. The company launched in the US semiconductor capital equipment, storage and casting sectors with a balanced view. The semiconductor capital equipment industry remains central to the cycle, with headwinds and tailwinds continuing to generate relatively stable revenue dynamics, the company’s analyst added. According to Goldman Sachs, China shows more opportunities than threats for businesses.
The engineers holding complex printed circuit boards with microcontrollers show the company’s expertise in device power.
GlobalFoundries Inc. (NASDAQ:GFS) has announced plans to invest $16 billion to expand semiconductor manufacturing and advanced packaging capabilities. This investment is a response to AI’s strong growth. The AI revolution continues to drive a strong and durable demand for the company’s technology that enables futuristic data centers, including GlobalFoundries Inc. (NASDAQ:GF)’s major silicon photonics and GANs for power applications. GlobalFoundries Inc. (NASDAQ:GFS) has also announced a decisive agreement to acquire MIPS, a leading supplier of AI and processor IP. MIPS brings a strong legacy of delivering efficient, scalable computational IPs tailored to performance-critical applications and strategically align with the growing demand for AI platforms.
GlobalFoundries Inc. (NASDAQ: GFS) is a major player in the wider AI space as it allows the production of specialized AI processors and plays a key role in the AI hardware supply chain.
Although we acknowledge the potential of GFS as an investment, we believe certain AI stocks offer a greater reverse chance, pose a risk of decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.
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Disclosure: None. This article was originally published Insider Monkey.