GLOBALFOUNDRIES Inc. Stock News

With the market encountering significant challenges, now may be the time to consider stocks on sale. While it's always a sweaty-palm affair to buy into the red ink, doing so may give the speculator si

MALTA, N.Y., April 05, 2024 (GLOBE NEWSWIRE) --  GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 7, 2024, at 8:30 a.m. ET following the release of th

As the overall market continues to break records and achieve new heights, speculation and optimism are rising. During such periods, stocks with unusually high short interest tend to outperform, as the

There are some alternative chip stocks available beyond the marquee names of Nvidia (NASDAQ: NVDA ), Intel (NADAQ: INTC ) and the like. The reason I'm bullish on these companies is because they have o

Susquehanna analyst Mehdi Hosseini changed his rating to Neutral from Positive.

The positive future of the United States economy is evident in its recent strong growth, with a 2.5% expansion in 2023. Consumer spending, a major driving force, grew at a healthy 3% annual pace in th

When I last wrote about GlobalFoundries ( GFS ) in early July, as shares were trading near $65, I summed up that this "US-based Semi fabricator fights to draw new business in a global nanometer AI-chi

The Biden administration's CHIPS Act will be giving chip designer GlobalFoundries (GFS) a $1.5 billion grant to promote state-side semiconductor production. TECHnalysis Research President and Chief An

Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk a $1.5 billion investment from the CHIPS Act.

CNBC's Meghan Casella reports on the latest news in the semiconductor space.

The US government has awarded a $1.5 billion grant to GlobalFoundries under a broader initiative to enhance domestic semiconductor production. This funding, part of the CHIPS and Science Act initiativ

Globalfoundries Inc (NASDAQ:GFS) closed at $53.38, marking a significant pre-market surge of $3.88. Pre-market trading tends to exhibit heightened volatility due to lower trading volume outside standa

The announcement of a preliminary memorandum to provide approximately $1.5 billion in direct funding under the CHIPS and Science Act to GlobalFoundries (GF) signals an investment in critical domestic

The U.S. awarded GlobalFoundries $1.5 billion in CHIPS Act subsidies on Monday. Intel reportedly could soon get more than $10 billion.

The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.