$GLOBALFOUNDRIES Inc.(GFS)$Where do you think the current support levels are?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- zingle·2022-01-27Whether 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.2Report
- snoozii·2022-01-27No one knows where the bottom of Globalfoundries is.2Report
- zippiee·2022-01-27Instead of focusing on Globalfoundries, it is better to focus on TSMC, the market leader.2Report
- nuzzle·2022-01-27I think the company's share price has bottomed out and started to rebound. Good luck to us1Report
- Daredragon·2022-02-01Hard To predictLikeReport
- Stevenloh·2022-01-27The ipo indeed overpricedLikeReport
- blinkix·2022-01-27Twenty dollars, fifteen dollars? Who knows?1Report