During the fourth quarter of the year that ended Dec. 31, GlobalFoundries took a $935 million accounting charge to account ...

Shares of U.S. specialty chip manufacturer GlobalFoundries (NASDAQ: GFS) rallied 11.4% this week, according to data from S&P ...

Sumitomo Mitsui Trust Group Inc. raised its position in GlobalFoundries Inc. (NASDAQ:GFS – Free Report) by 1.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 109,123 shares ...

GlobalFoundries Inc. (NASDAQ:GFS – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, Marketbeat Ratings reports. Seven ...

By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate ...

We recently compiled a list of the 10 AI News and Ratings Making Waves on Wall Street. In this article, we are going to take ...

Current semiconductors are critical components of what will be the next big leap in EVs, including aspects of power, ...

Evercore ISI analyst Mark Lipacis reiterated a Buy rating on GlobalFoundries Inc (GFS – Research Report) yesterday and set a price target of ...

GlobalFoundries stock gained after Needham analyst Quinn Bolton upgraded the stock from Hold to Buy and a price target of $50 ...

We expect GAAP gross margin to increase from 28% in 2023 to about 35% by 2029 as the firm should be able to increase utilization in its fabs. This level of gross margin is comparable with ...