Episode 44: Investing In China's Chip Manufacturing, Global Foundries' $4B Expansion, and ONTO's AI Customer

GlobalFoundries (GFS) just opened their new $4 billion expansion facility in Singapore to address future semiconductor demand. The company has weathered the chip downturn in the recent year and is hoping for a rebound. What does this news update tell us about the financial state of GlobalFoundries? Semiconductor manufacturing equipment company Onto Innovation (ONTO) had some updates of their own in the past weeks. They said that they completed an order of over $100 million for its Dragonfly G3 equipment, far more than previously reported, with more orders forthcoming that should last into the second half of 2024. Does this make this small-cap stock a buy? And Chip Stock Investor makes its first review of ACM Research (ACMR), which is expected to have one of the highest percentage growth rates in the chip world over the next 3 to 5 years. What does the company make? Who are its customers in China, and who are the competitors? And is this seemingly cheap stock a buy now?

All this hashed out on the latest episode of Chip Stock Investor.

Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. Nicholas and Kasey Rossolillo own shares of Onto Innovation.