The semiconductor manufacturing company points to ‘explosive growth' in artificial intelligence.
Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in se
Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies Backed by leading tech giants, the
ARLINGTON, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading developer, owner, and operator of energy storage projects, will build Vermont's largest battery energy storage project at GlobalFoundries'
Tim Breen, CEO of GlobalFoundries, discusses the company's MOU with A*STAR, the growing significance of Southeast Asia in the semiconductor space, as well as the tariff woes plaguing the industry,
The collaboration will provide GF with access to A*STAR's state-of-the-art R&D facilities, capabilities and technical support for technology development and workforce skills enhancement in advanced pa
GlobalFoundries NASDAQ: GFS stock hit bottom in early Q2 2025, and a rebound is coming. The protracted downtrend and move to long-term lows were driven by a sustained contraction in business that is n
GlobalFoundries Inc. (NASDAQ:GFS ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Sam Franklin - VP, Business Finance & IR Thomas Caulfield - CEO John Hollister - CFO Nie
While the top- and bottom-line numbers for GlobalFoundries (GFS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics co
GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.31 per share a year ago.
GlobalFoundries forecast second-quarter revenue and profit slightly above Wall Street estimates on Tuesday, in a sign that the contract chipmaker was seeing stable demand despite choppy auto productio
MALTA, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2025.
Taiwan Semiconductor Manufacturing Company TSM and GlobalFoundries GFS are two of the most prominent players in the global semiconductor foundry space, but they offer very different propositions. TSM
MALTA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced it will accelerate its near-term greenhouse gas (GHG) emission reduction goals, enhancing the company
MALTA, N.Y., April 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 6, 2025, at 8:30 a.m. ET following the release of the
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