On Tuesday, Thomas Caulfield, the CEO of GlobalFoundries, mentioned that U.S. tariffs on imported chips might benefit American chip makers by increasing the demand for chips produced in the country.
We have put together a list of 15 semiconductor stocks that are making a strong recovery from the DeepSeek AI dip. In this article, we will examine how GLOBALFOUNDRIES Inc. (NASDAQ:GFS) compares to other semiconductor companies. The semiconductor sector has always been a competitive area for technological progress, but recently it has become even more intense.
This week, shares of the American specialty chip maker GlobalFoundries (GFS -1.68%) increased by 11.4%, as reported by S&P Global Market Intelligence.
We have just released a list of the 10 companies that performed well on Tuesday. In this article, we will examine how Globalfoundries Inc. (NASDAQ:GFS) compares to the other leading companies from that day. On Tuesday, Wall Street's main indices had mixed results, with the Nasdaq being the only one to decline, as investors mostly ignored...
Here are the most recent updates for investors about popular stocks that are making waves this Wednesday.
GlobalFoundries, Inc. (NASDAQ:GFS) will hold its Q4 2024 earnings conference call on February 11, 2025, at 8:30 AM ET. The call will feature company executives including CEO Thomas Caulfield and CFO John Hollister, along with analysts from various financial institutions. The operator will begin the call by welcoming participants.
GlobalFoundries Inc. (GFS) reported quarterly earnings of $0.46 per share, which is higher than the Zacks Consensus Estimate of $0.45 per share. This is a decrease compared to earnings of $0.64 per share from the same period last year.
On Tuesday, GlobalFoundries predicted that its revenue and profit for the first quarter would be lower than what Wall Street expected. The contract chipmaker is preparing for possible effects from President Donald Trump's tariffs on car manufacturers and a tough smartphone market in 2025.
On Wednesday, contract chipmaker GlobalFoundries announced that Tim Breen has been named its new chief executive officer.
Tom Caulfield, the CEO of GlobalFoundries, appears on CNBC's The Exchange to talk about the current situation in the semiconductor industry, his thoughts on the Trump administration, and other topics.