The world's fourth-largest foundry trades at 13 times forward earnings and just raised prices (75% upside)
A company makes chips for half the world’s electronics. Not the flashy ones. The ones inside every Wi-Fi router, every car dashboard, every industrial sensor, every power management system in every data center on Earth.
It’s the fourth-largest semiconductor foundry on the planet, behind TSMC, Samsung, and SMIC, but publicly traded, profitable, debt-light, and paying a 3% dividend.
Revenue has grown year-over-year for three straight quarters. Utilization is climbing. And in March, the company partnered with a photonics startup to manufacture the optical chiplets that will connect the next generation of AI data centers at 1.6 terabits per second…
