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GlobalFoundries

45.85 USD
-0.26
0.56%
At close Updated Oct 29, 4:00 PM EDT
Pre-market
After hours
44.14
-1.71
3.73%
1 day
-0.56%
5 days
5.72%
1 month
-4.2%
3 months
-2.59%
6 months
-26.92%
Year to date
24.36%
1 year
33.48%
5 years
-5.93%
10 years
-1.19%
 

About: GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates, which remains its controlling shareholder today. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and has about 13,000 staff.

Employees: 14,000

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 51.8%
Neutral 44.6%
Negative 3.6%
Positive
Zacks Investment Research
9 days ago
Can GFS' Manufacturing Expansion Boost Its Future Growth Prospects?
GLOBALFOUNDRIES is set to operate two new semiconductor plants in New York under a U.S.-Japan initiative worth up to $21 billion, boosting U.S. chip capacity.
Can GFS' Manufacturing Expansion Boost Its Future Growth Prospects?
Neutral
MarketBeat
13 days ago
GlobalFoundries' $21 Billion Deal Could Change the Economics of Chipmaking
Building modern semiconductor fabrication facilities usually demands eye-watering capital expenditures that can strain free cash flow and saddle corporate balance sheets with heavy debt. For foundry operators trying to meet global chip demand, this capital intensity often compresses margins during cyclical downturns.
GlobalFoundries' $21 Billion Deal Could Change the Economics of Chipmaking
Negative
Proactive Investors
14 days ago
GlobalFoundries shares retreat as investors weigh US-Japan manufacturing deal
Globalfoundries Inc (NASDAQ:GFS), the American semiconductor manufacturer, fell over 5% on Thursday morning in New York, retreating after a major US-Japan manufacturing agreement sent its shares higher a day earlier. The pullback came despite plans by the Trump administration to increase its equity stake in the chipmaker from 3% to 7%, more than doubling its holding.
GlobalFoundries shares retreat as investors weigh US-Japan manufacturing deal
Neutral
24/7 Wall Street
14 days ago
Japan Is Putting Up to $21 Billion Into New GlobalFoundries Chip Plants in New York
Japan is writing a multibillion-dollar check to build chip factories on American soil, but GlobalFoundries gets to run them without paying for them.
Japan Is Putting Up to $21 Billion Into New GlobalFoundries Chip Plants in New York
Neutral
Seeking Alpha
15 days ago
GLOBALFOUNDRIES Inc. (GFS) Shareholder/Analyst Call Prepared Remarks Transcript
GLOBALFOUNDRIES Inc. (GFS) Shareholder/Analyst Call Prepared Remarks Transcript
GLOBALFOUNDRIES Inc. (GFS) Shareholder/Analyst Call Prepared Remarks Transcript
Positive
Barrons
15 days ago
GlobalFoundries Stock Extends Rally on Chip Deal Worth Up to $21 Billion
GlobalFoundries will operate two new factories in New York, with Japan providing funding under an initiative worth up to $21 billion.
GlobalFoundries Stock Extends Rally on Chip Deal Worth Up to $21 Billion
Positive
MarketBeat
15 days ago
GlobalFoundries Eyes $21B Japan-Backed New York Fab Expansion
GlobalFoundries NASDAQ: GFS said it has been selected to provide technology and operate two new 300-millimeter semiconductor fabs planned for its Malta, New York campus, under an investment framework of up to $21 billion funded by Japan through the U.S.-Japan trade agreement.
GlobalFoundries Eyes $21B Japan-Backed New York Fab Expansion
Positive
Investors Business Daily
15 days ago
GlobalFoundries To Operate Two New Chip Fabs Under U.S.-Japan Alliance
GlobalFoundries will operate two new chip fabs in Malta, N.Y., under a U.S.-Japan alliance that will provide up to $21 billion to the chipmaker.
GlobalFoundries To Operate Two New Chip Fabs Under U.S.-Japan Alliance
Positive
WSJ
15 days ago
GlobalFoundries to Build Two Chip Fabs With Up to $21 Billion Funding
GlobalFoundries plans to build two new semiconductor-manufacturing facilities in New York under a U.S.-Japanese initiative providing up to $21 billion in funding.
GlobalFoundries to Build Two Chip Fabs With Up to $21 Billion Funding
Positive
Reuters
15 days ago
Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries
Japan will invest up to $21 billion in two chip factories in New York state that will be jointly ​owned by the US government and Japanese interests and operated by GlobalFoundries the company ‌said on Wednesday.
Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundries
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