PavanKumar
2022-01-27

$GLOBALFOUNDRIES Inc.(GFS)$Where do you think the current support levels are?

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Comments

  • zingle
    2022-01-27
    zingle
    Whether the share price of Globalfoundries continues to fall depends entirely on the trend of the overall market. The loss-making company chooses to go public when the market is at its best, which means that the valuation is too high. Globalfoundries, whose predecessor was AMD's manufacturing business, was in an investment-intensive industry, and it was also because it had been losing money that year. Once the supply and demand of the chip market is saturated, the company's performance can't be reversed, and its share price will fall.
  • snoozii
    2022-01-27
    snoozii
    No one knows where the bottom of Globalfoundries is.
  • zippiee
    2022-01-27
    zippiee
    Instead of focusing on Globalfoundries, it is better to focus on TSMC, the market leader.
  • nuzzle
    2022-01-27
    nuzzle
    I think the company's share price has bottomed out and started to rebound. Good luck to us
  • Daredragon
    2022-02-01
    Daredragon
    Hard To predict
  • Stevenloh
    2022-01-27
    Stevenloh
    The ipo indeed overpriced
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