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GLOBALFOUNDRIESNASDAQ: GFS

Profile

Sector:

Technology

Country:

United States

IPO:

28 October 2021

Next earnings report:

13 February 2025

Last dividends:

N/A

Next dividends:

N/A
$23.21 B
-44%vs. 3y high
90%vs. sector
-95%vs. 3y high
48%vs. sector
-vs. 3y high
-vs. sector
-46%vs. 3y high
58%vs. sector

Price

pre-market | 101 min ago
$42.00+$0.09(+0.21%)

Dividend

No data over the past 3 years
$1.74 B$1.83 B
$1.74 B$177.00 M

Analysts recommendations

Institutional Ownership

GFS Latest News

US finalizes $1.5 billion chips award for GlobalFoundries to expand production
reuters.com20 November 2024 Sentiment: POSITIVE

The U.S. Commerce Department said Wednesday it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand semiconductor production in Malta, New York and Vermont.

Why Globalfoundries Rallied Today
fool.com06 November 2024 Sentiment: POSITIVE

The beaten-down semiconductor company's earnings were better than the market feared.

GlobalFoundries Inc. (GFS) Tops Q3 Earnings and Revenue Estimates
zacks.com05 November 2024 Sentiment: POSITIVE

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.55 per share a year ago.

GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
reuters.com05 November 2024 Sentiment: POSITIVE

World's third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering semiconductor demand from smartphone makers, sending shares up nearly 10% in premarket trading.

GlobalFoundries Reports Third Quarter 2024 Financial Results
globenewswire.com05 November 2024 Sentiment: NEUTRAL

MALTA, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the third quarter ended September 30, 2024.

GlobalFoundries CEO on earnings beat: smart devices and autos helped drive growth
youtube.com05 November 2024 Sentiment: POSITIVE

Tom Caulfield, GlobalFoundaries CEO, joins CNBC's 'Money Movers' to discuss the company's earnings beat, where the company sees growth going forward, and more.

GlobalFoundries, Inc. (GFS) Q3 2024 Earnings Call Transcript
seekingalpha.com05 November 2024 Sentiment: NEUTRAL

GlobalFoundries, Inc. (NASDAQ:GFS ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Sam Franklin - VP, Business Finance & IR Thomas Caulfield - CEO John Hollister - CFO Niels Anderskouv - CBO Conference Call Participants Ross Seymore - Deutsche Bank Krish Sankar - TD Cowen Chris Caso - Wolfe Research Mehdi Hosseini - Susquehanna International Group Mark Lipacis - Evercore ISI Harlan Sur - J.P. Morgan Saad Khan - Bank of America Securities Operator Good day and thank you for standing by.

US penalizes GlobalFoundries for shipping chips to Chinese firm
reuters.com01 November 2024 Sentiment: NEGATIVE

The United States has imposed a $500,000 mitigated penalty against GlobalFoundries for shipping chips to a Chinese company without seeking authorization, the Department of Commerce said on Friday.

GlobalFoundries: A Good Value Buy
seekingalpha.com13 October 2024 Sentiment: NEUTRAL

GlobalFoundries faces growth challenges due to weak demand in key segments, but Smart Mobile Devices show signs of recovery with forecasted 4% increase in smartphone shipments. The Communications Infrastructure & Datacenter segment struggles with competitiveness as customers shift to advanced nodes, impacting GlobalFoundries' market position. Home and Industrial IoT segments are expected to see slow recovery as customer inventories normalize and industrial production growth shows modest improvement.

Why GlobalFoundries (GFS) Stock Is Moving Today
gurufocus.com04 October 2024 Sentiment: NEUTRAL

Shares of GlobalFoundries (GFS, Financial) saw a modest increase of 1.98% recently, yet concerns linger due to earlier declines attributed to sector-wide geopolitical and economic challenges. Despite this small uptick, GlobalFoundries has struggled to mirror the recovery observed in other semiconductor stocks.

What type of business is GLOBALFOUNDRIES?

GlobalFoundries Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.

What sector is GLOBALFOUNDRIES in?

GLOBALFOUNDRIES is in the Technology sector

What industry is GLOBALFOUNDRIES in?

GLOBALFOUNDRIES is in the Semiconductors industry

What country is GLOBALFOUNDRIES from?

GLOBALFOUNDRIES is headquartered in United States

When did GLOBALFOUNDRIES go public?

GLOBALFOUNDRIES initial public offering (IPO) was on 28 October 2021

What is GLOBALFOUNDRIES website?

https://gf.com

Is GLOBALFOUNDRIES in the S&P 500?

No, GLOBALFOUNDRIES is not included in the S&P 500 index

Is GLOBALFOUNDRIES in the NASDAQ 100?

Yes, GLOBALFOUNDRIES is included in the NASDAQ 100 index

Is GLOBALFOUNDRIES in the Dow Jones?

No, GLOBALFOUNDRIES is not included in the Dow Jones index

When was GLOBALFOUNDRIES the previous earnings report?

No data

When does GLOBALFOUNDRIES earnings report?

The next expected earnings date for GLOBALFOUNDRIES is 13 February 2025