15 Trending AI Stocks on Latest News and Analyst Ratings

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13. GlobalFoundries Inc. (NASDAQ:GFS)

Market Capitalization: $23 Billion

GlobalFoundries Inc. (NASDAQ:GFS) provides a range of mainstream wafer fabrication services and technologies worldwide. On November 6, Susquehanna analyst Mehdi Hosseini lowered the price target on the stock to $48 from $50 and kept a Neutral rating on the shares. The advisory updated its estimates following its Q3 report and said consistent with the preview, there remain challenges into 1H25 as customer inventories remain elevated while also facing tough compares versus 2H24.

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