GlobalFoundries Inc  GFS reported a fiscal third-quarter 2024 revenue decline of 6% year-on-year to $1.74 billion, beating the analyst consensus estimate of $1.73 billion.
GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.55 per share a year ago.
World's third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering semiconductor demand from smartphone makers, se
MALTA, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the third quarter ended September 30, 2024.
The United States has imposed a $500,000 mitigated penalty against GlobalFoundries for shipping chips to a Chinese company without seeking authorization, the Department of Commerce said on Friday.
Building on years of collaboration, this new process technology collaboration will provide power-efficient and secure connectivity solutions for essential consumer and industrial applications manufact
Chipmaker GlobalFoundries began offering student loan debt relief to eligible employees this summer. The benefit is aimed at helping the company attract and retain workers.
Investors interested in Electronics - Semiconductors stocks are likely familiar with United Microelectronics Corporation (UMC) and GlobalFoundries Inc. (GFS). But which of these two stocks offers valu

GlobalFoundries: A Good Value Buy

12:12pm, Sunday, 13'th Oct 2024
GlobalFoundries faces growth challenges due to weak demand in key segments, but Smart Mobile Devices show signs of recovery with forecasted 4% increase in smartphone shipments. The Communications Infr
MALTA, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET following the release of
September is typically a bad month for stocks, but the Nasdaq still gained.
Shares of GlobalFoundries (GFS, Financial) saw a modest increase of 1.98% recently, yet concerns linger due to earlier declines attributed to sector-wide geopolitical and economic challenges. Despite

Why GlobalFoundries Stock Fell 14% Last Month

12:40pm, Friday, 04'th Oct 2024
Is GlobalFoundries falling behind in the semiconductor race? Find out how broader market trends are affecting this company and its stock.
Shares of GLOBALFOUNDRIES Inc (GFS, Financial) surged 3.92% in mid-day trading on Oct 2. The stock reached an intraday high of $40.15, before settling at $40.07, up from its previous close of $38.56.
Investors interested in stocks from the Electronics - Semiconductors sector have probably already heard of United Microelectronics Corporation (UMC) and GlobalFoundries Inc. (GFS). But which of these
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