GlobalFoundries Inc. (GFS)
|Net Income (ttm)||488.07M|
|Day's Range||51.22 - 52.74|
|52-Week Range||36.81 - 79.49|
|Price Target||69.69 (+33.8%)|
|Earnings Date||Aug 9, 2022|
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems, as well as offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Mal... [Read more...]
In 2021, GFS's revenue was $6.59 billion, an increase of 35.76% compared to the previous year's $4.85 billion. Losses were -$253.93 million, -81.20% less than in 2020.Financial Statements
According to 20 analysts, the average rating for GFS stock is "Buy." The 12-month stock price forecast is 69.69, which is an increase of 33.84% from the latest price.
MALTA, New York, Oct. 03, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 8, 2022 at 8:30 a.m. ET following the release of...
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MALTA, N.Y. , Sept. 19, 2022 /PRNewswire/ -- GlobalFoundries (GF) (Nasdaq: GFS), a global leader in feature-rich semiconductor manufacturing, today announced that the company has been added to the PHLX ...
Semiconductor stocks are showing signs of bottoming. But investor sentiment remains negative ahead of third-quarter earnings season.
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Citi launches positive catalyst watch on GlobalFoundries, Pivotal Research upgrades Roku
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I would expect more and more subsidies to come to chip makers, says Citi's Danely
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Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,' analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.”
Citi warns chip stocks have yet to bottom
Yahoo Finance Live anchors discuss Bernstein maintaining its Sell rating on Intel and Citi's warning on chip stocks.
Experienced HR executive joins GF leadership team MALTA, N.Y. , Aug. 25, 2022 /PRNewswire/ -- GlobalFoundries (NASDAQ: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today annou...
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GFS vs. AMBA: Which Stock Is the Better Value Option?
MALTA, N.Y., Aug. 11, 2022 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will participate in the following upcoming investor conferences.
GlobalFoundries Inc. shares fell Tuesday after the chip manufacturer's strong outlook was eclipsed by recent signs that the global chip shortage has flipped into a glut.
CEO says the contract chip manufacturer remains on track to deliver a strong year of growth and probability.
GlobalFoundries CEO Tom Caulfield on earnings, CHIPS Act signing
Tom Caulfield, GlobalFoundries CEO, joins CNBC's 'Squawk Box' to discuss the company's earnings report and the CHIPS Act, which President Joe Biden plans to sign on Tuesday.
Contract chipmaker GlobalFoundries on Tuesday beat Wall Street's targets for the second quarter and guided higher for the current period. The post Chipmaker GlobalFoundries Beats Second-Quarter Goals, P...
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