Broker Name: DBS Bank Ltd
Date of Report: 13 October 2025
Excerpt from DBS Bank Ltd report.
Report Summary
- GlobalFoundries Inc. (GFS) is rated BUY by DBS, with a target price of US\$48.50. The company focuses on specialized semiconductor manufacturing, prioritizing technologies such as 22FDX and silicon photonics, which are aligned with high-growth sectors like automotive, IoT, and AI data centers.
- GFS benefits from deep customer engagement, robust design-win momentum, and a diversified global manufacturing footprint, supported by government incentives in the US, Europe, and Asia. Risks include potential oversupply if consumer electronics demand weakens further.
Above is an excerpt from a report by DBS Bank Ltd. Clients of DBS Bank Ltd can be the first to access the full report from the DBS Bank Ltd website: https://www.dbs.com
