GLOBALFOUNDRIES Inc. Stock News

Global Foundries could benefit from AI-driven demand for chips. Amgen has some weight-loss drugs in the pipeline that could boost the bottom line.

MALTA, N.Y., Oct. 02, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 7, 2023, at 8:30 a.m. ET following the release of

GlobalFoundries is manufacturing more of the world's critical chips, gaining significance with U.S.-China tension and big deals like one with General Motors

GlobalFoundries (GF) said it has submitted two applications to the US Department of Commerce for funding under the US CHIPS and Science Act Funding program. The semiconductor maker noted in a stateme

Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities.

The world is experiencing a multi-trillion-dollar shift in the semiconductor industry. The semiconductor revolution (which I have discussed for years) has enabled much of the technological progress we

GlobalFoundries (GFS), the world's third-largest chipmaker, opened a $4 billion fabrication plant in Singapore to expand capacity in anticipation of a rise in demand for semiconductor chips.

The world's third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expansion to help ease an industry supply crunch.

Thomas Caulfield, CEO of the semiconductor manufacturing company, says it already has more than 800 employees in India.

GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.

GFS has not done so well recently, but there is a case to be made that GFS is worth considering at this point. A lot is expected from GFS in the coming years when it comes to growth, but whether it wi

Legacy tech stocks, including Intel, AMD, and Micron, rallied last week, while Nvidia dipped. GlobalFoundries, the fourth largest outsourced semiconductor manufacturer, is downgraded from a buy to a h

Mehdi Hosseini of Susquehanna International Group says TSMC will benefit from the artificial intelligence race, while GlobalFoundries will benefit from the localization of semiconductors.

Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk the state of the consumer, softness in data centers and more.

Contract chip manufacturer GlobalFoundries posted a solid second quarter, but noted that it continues to be hurt by “cyclical headwinds.”