Ford Motor Company (NYSE: F) and semiconductor manufacturer GlobalFoundries Inc. (NASDAQ: GFS) have entered into a partnership designed to boost chip supplies for Ford and the U.S. automotive industr
Yahoo Finance's Brian Sozzi reports on GlobalFoundries and Ford announcing a partnership to increase chip supplies. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: http

Ford strikes a deal to help end its chip shortage

09:22am, Thursday, 18'th Nov 2021
Ford and chip manufacturer GlobalFoundries on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader US auto industry but gave few details about what t
Ford Motor Co and chip manufacturer GlobalFoundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but gave few detai
The companies on Thursday announced the signing of a nonbinding agreement for a strategic partnership that aims to increase the supply of chips to Ford.
The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the shut down of production line, Bloomberg reports

Why GlobalFoundries Stock Keeps Soaring

04:55pm, Thursday, 04'th Nov 2021
This global semiconductor shortage is paying off nicely for the new chips IPO.
MALTA, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 30, 2021, at 4:30pm U.S. Eastern Standard Time (ES
The IPO market remained active this past week as 13 IPOs raised $6.3 billion. SPAC activity kept steady with 13 blank check IPOs raising $2.1 billion.
"I think for the better part of the next five to 10 years, we're going to be chasing supply not demand," GlobalFoundries CEO Caulfield said.
"Mad Money" host Jim Cramer said Friday he believes viewers should pick up shares of newly public chipmaker GlobalFoundries.
GlobalFoundries, the Abu Dhabi owned chipmaker, has begun its IPO with an initial IPO price of $47 per share. The company has played up its status as the only domestic chipmaker with a global footprin
GlobalFoundries Inc. shares declined as they began trading on the Nasdaq Thursday, slipping below their initial public offering price.
This week, investors are watching and waiting to see what the upcoming GlobalFoundries IPO will bring as GFS stock is expected to trade. The post GlobalFoundries IPO: When Does GlobalFoundries Go Publ

GlobalFoundries Aims For $2.4 Billion U.S. IPO

02:28pm, Thursday, 21'st Oct 2021
GlobalFoundries has filed proposed terms for a $2.4 billion IPO plus $75 million private placement.
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