GlobalFoundries shares are trading higher amid strength in chip stocks following US jobs data.
Portfolio Pulse from Benzinga Newsdesk
GlobalFoundries shares are trading higher amid strength in chip stocks following positive US jobs data.

July 05, 2024 | 7:29 pm
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GlobalFoundries shares are experiencing an uptick due to overall strength in chip stocks, driven by positive US jobs data.
The positive US jobs data has boosted investor confidence in the economy, leading to a rise in chip stocks, including GlobalFoundries. This is likely to have a short-term positive impact on GFS's stock price.
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