Bear of the Day: GlobalFoundries (GFS)

When I last wrote about GlobalFoundries ((GFS) in early July, as shares were trading near $65, I summed up that this "US-based Semi fabricator fights to draw new business in a global nanometer AI-chip war."Well after their Q4 report two weeks ago, the story has not improved, with continued year-over-year declines in sales and profits and weaker guidance for both that has dropped the stock back into the cellar of the Zacks Rank.My July article gives a good overview of where GlobalFoundries fits in the semico ...