The stock price of Globalfoundries Inc (NASDAQ: GFS) increased by 4.12% after hours. This is why it happened.
GlobalFoundries Inc. (GFS) CEO Tom Caulfield on Q4 2021 Results - Earnings Call Transcript
GlobalFoundries Inc. shares surged in the extended session Tuesday after the third-party silicon-wafer foundry's results and outlook topped Wal Street expectations.

Why GlobalFoundries Sank 24.1% in January

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It was curious that GlobalFoundries fell so much last month, given the boom in semiconductors.
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The metaverse, which requires large amounts of computing power, is set to benefit global chipmakers — but other related industries could also gain, analysts say.
MALTA, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST
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4 Top Semiconductor Stocks To Watch Right Now

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GLOBALFOUNDRIES (GFS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Chipmaker Advanced Micro Devices has amended its agreement with GlobalFoundries to acquire about $2.1 billion of wafers from the company from 2022 through 2025, according to a regulatory filing on Thu
GlobalFoundries previously acknowledged that the semiconductor industry will require "a significant increase in investment to keep up with demand."
BMW signed an agreement with Munich-based microchip maker INOVA Semiconductors and U.S.-based foundry GlobalFoundries to supply the carmaker with several million semiconductors per year, it announced

A Deep Dive Into The Semiconductor Industry

05:17am, Friday, 03'rd Dec 2021
Semiconductors are an important and fast growing sector, but they can be difficult to understand. There are dozens of semiconductor companies that each play a unique role in the ecosystem.
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