GlobalFoundries Inc. (GFS)
| Market Cap | 36.71B |
| Revenue (ttm) | 5.19B |
| Net Income (ttm) | -1.12B |
| Shares Out | 531.85M |
| EPS (ttm) | -2.10 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,911,086 |
| Open | 65.32 |
| Previous Close | 65.81 |
| Day's Range | 63.60 - 69.39 |
| 52-Week Range | 44.48 - 73.25 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About GFS
GLOBALFOUNDRIES is one of the world’s leading semiconductor foundries. We manufacture complex, feature-rich integrated circuits (“ICs”) that enable billions of electronic devices that are pervasive throughout nearly every sector of the global economy. With our specialized foundry manufacturing processes, a library consisting of thousands of qualified circuit-building block designs (known as intellectual property (“IP”) titles or IP blocks), and differentiated transistor and device technology, we serve a broad range of customers, inclu...
Financial Performance
In 2020, GFS's revenue was $4.85 billion, a decrease of -16.55% compared to the previous year's $5.81 billion. Losses were -$1.35 billion, -1.48% less than in 2019.
Financial StatementsNews
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Analysts Tick Up GLOBALFOUNDRIES Target Price Post Q3 Results
Analysts raised price targets on GLOBALFOUNDRIES Inc (NASDAQ:GFS) following Q3 results. Needham analyst Rajvindra Gill maintained a Buy and raised the price target from $85 to $87, implying a 29% upside.
GlobalFoundries Reports Third Quarter 2021 Financial Results
Record Adjusted Gross and Adjusted EBITDA Margins Record Adjusted Gross and Adjusted EBITDA Margins
GlobalFoundries stock forecast ahead of its first earnings report as a public company
On Tuesday, GlobalFoundries Inc. (NASDAQ:GFS) shares plunged by more than 6% ahead of its first quarterly earnings report as a public company. The silicon wafers maker will report results for the fiscal...
GlobalFoundries IPO Lets You Invest in a Chip-Shortage Problem Solver
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GlobalFoundries Has a Solution to End Global Chip Shortage
GFS stock has recently gone public, offering important news and key catalysts like their partnership with Ford drive its price both in the short-term and long-term to end the global chip shortage. The p...
GlobalFoundries Is At The Right Place, At The Right Time, BofA Says
GlobalFoundries Inc (NASDAQ:GFS) is well-positioned with only a 10% share of an addressable market opportunity estimated at $70 billion, across smartphone devices, IoT, automotive and data center, accor...
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GlobalFoundries Shares Pop As Analysts Initiate Coverage; See Up To 61% Upside
Multiple analysts initiated coverage on GLOBALFOUNDRIES Inc (NASDAQ: GFS). Credit Suisse analyst John Pitzer initiated coverage with an Outperform and $75 price target, implying a 20.8% upside.
IQE Appoints GlobalFoundries Executive As CEO
British technology firm IQE PLC (OTC: IQEPY) announced the appointment of Americo Lemos as CEO, effective January 10, 2022. Lemos joins IQE from the executive team of GLOBALFOUNDRIES Inc (NASDAQ: GFS), ...
Ford Announces Partnership to Assure Steady Flow of U.S.-Made Chips
The automaker will team with GlobalFoundries on producing and developing semiconductors, crucial parts that have been in short supply.
Ford Teams With GlobalFoundries On Semiconductor Manufacturing Pact
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 industry. ...
Ford and chip maker GlobalFoundries team up to boost chip supply
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: https:...
Ford strikes a deal to help end its chip shortage
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 the...
Ford, GlobalFoundries say they will work together to boost chip supply
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 details...
Ford partners with GlobalFoundries to increase chip supplies
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.
Why Are GlobalFoundries Shares Trading Lower Today?
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. G...
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Why GlobalFoundries Stock Keeps Soaring
This global semiconductor shortage is paying off nicely for the new chips IPO.
GlobalFoundries Announces Conference Call To Review Third Quarter Of Fiscal Year 2021 Financial Results
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 (EST)...
GlobalFoundries Announces Closing of Initial Public Offering
MALTA, N.Y., Nov. 1, 2021 /PRNewswire/ -- GlobalFoundries® (Nasdaq: GFS) (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the closing of its initial public offering of...
GlobalFoundries CEO: We're sold out of semiconductor chip capacity through 2023
"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.
Jim Cramer says chipmaker GlobalFoundries is a buy after its IPO this week
"Mad Money" host Jim Cramer said Friday he believes viewers should pick up shares of newly public chipmaker GlobalFoundries.
GlobalFoundries shares open flat on Nasdaq debut, valuing chipmaker at $26 billion
(Reuters) -Shares of GlobalFoundries Inc, which is owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, opened flat on Nasdaq on Thursday, giving the chipmaker a market capitalization of a...
GlobalFoundries Announces Pricing of Initial Public Offering
MALTA, N.Y., Oct. 27, 2021 /PRNewswire/ -- GlobalFoundries® (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the pricing of its initial public offering of 55,000,000 o...