GLOBALFOUNDRIES Inc. (GFS)
|Net Income (ttm)||1.41B|
|Day's Range||53.27 - 54.09|
|52-Week Range||48.12 - 72.50|
|Price Target||72.08 (+34.4%)|
|Earnings Date||Nov 7, 2023|
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Malta, New York. [Read more]
Financial PerformanceFinancial Statements
According to 12 analysts, the average rating for GFS stock is "Strong Buy." The 12-month stock price forecast is $72.08, which is an increase of 34.40% from the latest price.
GlobalFoundries CEO Thomas Caulfield weighs in on the state of the semiconductor market
Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk the semiconductor market, consumer demand and more.
HOD HASHARON, Israel, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Weebit Nano Limited (ASX:WBT), a leading developer of advanced memory technologies for the global semiconductor industry, has received the first...
GlobalFoundries Announces New Multi-Million Dollar Student Loan Repayment Program to Strengthen Semiconductor Workforce
Program designed to build a critical talent pipeline by easing the burden of education debt for U.S. employees Program designed to build a critical talent pipeline by easing the burden of education de...
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...
GlobalFoundries CEO: The breadth of the end markets we serve differentiates us from peers
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...
The company's stock was rising early Tuesday after the its third-quarter report impressed.
GlobalFoundries Awarded $35 Million Funding from U.S. Government to Accelerate Manufacturing of Next-Generation GaN Chips
In partnership with U.S. Government, GF's semiconductor manufacturing facility in Vermont continues to move closer to large-scale production of next-generation gallium nitride chips for use in aerospa...
GlobalFoundries and U.S. Department of Defense Showcase Secure Chip Manufacturing at 2023 Trusted Foundry Training
Annual event for aerospace and defense industry showcases necessity, value of Trusted chip manufacturing Annual event for aerospace and defense industry showcases necessity, value of Trusted chip manu...
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 and Microchip Announce Microchip's 28nm SuperFlash® Embedded Flash Memory Solution in Production
Widely deployed non-volatile memory (NVM) solution is optimized for microcontrollers, smartcards, and IoT chips Widely deployed non-volatile memory (NVM) solution is optimized for microcontrollers, sm...
New Features, Temperature-Resilient Capabilities Meet Growing Demands in IoT and Automotive Industries New Features, Temperature-Resilient Capabilities Meet Growing Demands in IoT and Automotive Indus...
Munich Event Highlights Technology Advancements and Unveils Essential Chips Roadmap Munich Event Highlights Technology Advancements and Unveils Essential Chips Roadmap
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.
GF seeking funding to support capacity expansion and modernization of its U.S. fabs GF seeking funding to support capacity expansion and modernization of its U.S. fabs
U.S. Government Awards GlobalFoundries New $3.1 Billion, 10-Year Contract for Secure Chip Manufacturing
With $3.1 billion spending ceiling, new 10-year contract provides U.S. Dept. of Defense an assured supply of securely manufactured semiconductors for use in the nation's most sensitive applications Wi...
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.
We can help Vietnam and India with their semiconductor manufacturing goals: GlobalFoundries
Thomas Caulfield, CEO of the semiconductor manufacturing company, says it already has more than 800 employees in India.
GlobalFoundries opens $4 billion Singapore expansion fab to meet 'demand for essential semiconductor chips'
GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.
Builds on 8SW for Reduced Power, Improved Efficiency, and Better Performance Enabling Stronger Connections Builds on 8SW for Reduced Power, Improved Efficiency, and Better Performance Enabling Stronge...
GlobalFoundries Enhances Technology Platforms to Enable Critical Applications for Next Generation Electric and Autonomous Vehicles
New solutions support demand for improved power performance and efficiency, safety and connectivity New solutions support demand for improved power performance and efficiency, safety and connectivity
BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries
LAGUNA HILLS, Calif.--(BUSINESS WIRE)--BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries.
Spotlight on Power Management, RF Connectivity, Intelligent and Secure Solutions Spotlight on Power Management, RF Connectivity, Intelligent and Secure Solutions
Quantitative trading firm explains why it likes TSMC and GlobalFoundries
Mehdi Hosseini of Susquehanna International Group says TSMC will benefit from the artificial intelligence race, while GlobalFoundries will benefit from the localization of semiconductors.