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GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is among the 8 Best Up and Coming Semiconductor Stocks to Buy.

On March 26, Apple announced it is working with GLOBALFOUNDRIES Inc. (NASDAQ:GFS) and Cirrus Logic to establish new semiconductor process technologies at GlobalFoundries’ facility in Malta, New York. The collaboration aims to enable key technologies for Apple products, including advanced integrated circuits powering Face ID systems. This partnership highlights GlobalFoundries’ role as a critical manufacturing partner in the semiconductor ecosystem, bringing advanced production capabilities to the U.S. market.

The same day, GLOBALFOUNDRIES Inc. (NASDAQ:GFS) filed multiple lawsuits in the United States against Tower Semiconductor, alleging patent infringement across 11 U.S. patents tied to high-performance semiconductor manufacturing technologies. The company claims Tower unlawfully leveraged its innovations to compete in markets such as mobile, automotive, aerospace, and communications infrastructure, seeking injunctive relief and financial compensation.

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is a leading multinational semiconductor manufacturer operating as a pure-play foundry, producing chips designed by other companies. Founded in 2009 as a spin-off from Advanced Micro Devices’ manufacturing arm, the company went public on October 28, 2021. With strategic partnerships and aggressive protection of its intellectual property, GlobalFoundries continues to strengthen its position as a key enabler of advanced semiconductor technologies, supporting long-term growth driven by global chip demand.

While we acknowledge the potential of GFS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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