SAN FRANCISCO, June 4 (Reuters) - Chip manufacturer GlobalFoundries (GFS.O), opens new tab said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 ...
CEO Timothy Breen highlighted that Q1 2025 financial results met the high end of guidance for revenue, gross margin, and EPS. Revenue growth was driven by automotive, communications infrastructure and ...
Global Foundries beat sales and earnings expectations in the third quarter. The company also issued encouraging forward guidance. If conditions in the global smartphone market continue to improve, ...
We recently compiled a list of the 35 Chip Stocks In Focus Amid Tech Selloff. In this article, we are going to take a look at where GlobalFoundries Inc. (NASDAQ:GFS) stands against the other chip ...
GlobalFoundries Inc (NASDAQ: GFS) delivered steady September-quarter results and issued upbeat guidance for the December quarter, underscoring continued progress in its diversification and margin ...
In terms of Qualcomm, GlobalFoundries claimed that the “collaboration with Qualcomm Technologies delivers differentiation and innovation in mobile and IoT spanning three continents”, indicating that ...
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Why GlobalFoundries Rallied 11.4% This Week
Shares of U.S. specialty chip manufacturer GlobalFoundries (NASDAQ: GFS) rallied 11.4% this week, according to data from S&P Global Market Intelligence. The U.S. foundry, which produces chips on ...
The Trump administration is proposing a new tariff rule on semiconductors. While some exemptions will be available in the near term, it appears the administration is using a "stick" of tariffs to ...
Shares of GlobalFoundries (NASDAQ: GFS) fell 13.8% in September 2024, according to data from S&P Global Market Intelligence. The chip sector as a whole took a haircut in the first week of September ...
GlobalFoundries is investing an additional $3 billion into its chipmaking campus in Malta, further solidifying Saratoga County’s role in the future of American semiconductor production. The new ...
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