GlobalFoundries Pushes Deeper Into AI Chipmaking, Hits 80-Plus RS Rating

On Wednesday, Shares of New York-based chip manufacturer GlobalFoundries (GFS) jumped amid an acquisition, and a push deeper into the AI chip sector. On Jan. 14, the chip foundry announced it's buying a business unit from chip design software maker Synopsys (SNPS) that will enhance GlobalFoundries capability to make artificial intelligence chips. GlobalFoundries Joins Elite Stock Group On Wednesday, GFS… ...