GLOBALFOUNDRIES Inc. Stock News

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.

The U.S. government is awarding $1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday, in a bid to strengthen domestic supply chains.

GlobalFoundries' (GFS) fourth-quarter results reflect weakness across the smart mobile devices, communications infrastructure and datacenter, home and industrial IoT, and personal computing markets.

Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk quarterly results, the state of the economy, the semiconductor industry and more.

The headline numbers for GlobalFoundries Inc. (GFS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $1.44 per share a year ago.

GlobalFoundries (GFS) fourth-quarter 2023 results are likely to reflect strength across automotive and IoT end markets. However, weakness in communications infrastructure and data center markets is a

With the AI boom sending waves throughout the industry, microchip companies and their stocks are logging record profits and production. Nvidia (NASDAQ: NVDA) is the best example of this surge, as it c

MALTA, N.Y., Jan. 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 13, 2024, at 8:30 a.m. ET following the release of

Thomas Caulfield, GlobalFoundries CEO, joins  'Closing Bell Overtime' to talk the semiconductor market, consumer demand and more.

GlobalFoundries (GFS) shares jumped 5% Tuesday after the semiconductor manufacturer reported third-quarter earnings that beat estimates on resilient demand, sending other semiconductor stocks higher a

Thomas Caulfield, president and chief executive officer of GlobalFoundries, joins 'Squawk on the Street' to discuss how the company's quarterly earnings results fit into the overall narrative, how the

GlobalFoundries (GF) has reported third-quarter earnings that beat expectations and provided upbeat guidance for the final quarter of 2023, sending its shares higher on Tuesday morning. The chip maker

GLOBALFOUNDRIES Inc. (NASDAQ:GFS ) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Sam Franklin - Head, Capital Markets & Vice President, Investor Relations Thomas Ca

The company's stock was rising early Tuesday after the its third-quarter report impressed.