GlobalFoundries Gets a Downgrade. The Stock Drops.
Susquehanna analyst Mehdi Hosseini changed his rating to Neutral from Positive.
11 days ago - Barrons
GlobalFoundries' CHIPS Act grant of $1.5 billion is a 'great first step,' strategist says
The Biden administration's CHIPS Act will be giving chip designer GlobalFoundries (GFS) a $1.5 billion grant to promote state-side semiconductor production. TECHnalysis Research President and Chief An...
25 days ago - Yahoo Finance
GlobalFoundries CEO talks impact of $1.5 billion investment from the CHIPS Act
Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk a $1.5 billion investment from the CHIPS Act.
25 days ago - CNBC Television
U.S. awards $1.5 billion to GlobalFoundries to build fab in upstate New York
CNBC's Meghan Casella reports on the latest news in the semiconductor space.
25 days ago - CNBC Television
Biden administration awards $3.1 billion to chipmaker GlobalFoundries
CNBC's Joe Kernen reports on the latest news.
25 days ago - CNBC Television
Globalfoundries stock jumps on US govt's $1.5-billion grant to boost chip production
Globalfoundries Inc (NASDAQ:GFS) closed at $53.38, marking a significant pre-market surge of $3.88. Pre-market trading tends to exhibit heightened volatility due to lower trading volume outside standa...
25 days ago - Invezz
CHIPS Act Support For GlobalFoundries Will Strengthen Key Domestic Capabilities
The announcement of a preliminary memorandum to provide approximately $1.5 billion in direct funding under the CHIPS and Science Act to GlobalFoundries (GF) signals an investment in critical domestic ...
26 days ago - Forbes
GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing
$1.5 billion potential investment will support the expansion of GlobalFoundries New York facility, including construction of a new state-of-the art fab, and the modernization of its Vermont facility, ...
26 days ago - GlobeNewsWire
U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.
26 days ago - NYTimes
US awards $1.5 bln to GlobalFoundries for domestic semiconductor production
The U.S. government is awarding $1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday, in a bid to strengthen domestic supply chains.
26 days ago - Reuters
Semiconductor industry 'needs another quarter or so' to bring inventory down: GlobalFoundries CEO
Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk quarterly results, the state of the economy, the semiconductor industry and more.
4 weeks ago - CNBC Television
Chipmaker GlobalFoundries forecasts Q1 results below estimates, shares drop
GlobalFoundries forecast first-quarter results below Wall Street estimates on Tuesday, as the contract chipmaker faces competition from larger rivals while a supply glut persists in certain pockets of...
4 weeks ago - Reuters
GlobalFoundries Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results
MALTA, N.Y., Feb. 13, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December31, 2023.
4 weeks ago - GlobeNewsWire
Infineon and GlobalFoundries Extend Long-Term Agreement with Focus on Automotive Microcontrollers
MUNICH, Germany and MALTA, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and GlobalFoundries (Nasdaq: GFS) (GF) today announced a new multi-year agreement ...
7 weeks ago - GlobeNewsWire
Amkor and GlobalFoundries Cut Ribbon on Strategic Cooperation in Portugal
TEMPE, Ariz.--(BUSINESS WIRE)--Amkor and GlobalFoundries Cut Ribbon on Strategic Cooperation in Portugal.
Other symbols: AMKR
2 months ago - Business Wire
Singapore's Keppel signs power supply deal with chipmaker GlobalFoundries
Global asset manager Keppel's infrastructure business will supply electricity to the Singapore operations of contract chipmaker GlobalFoundries under a multi-year agreement, the companies said on Tues...
2 months ago - Reuters
GlobalFoundries Announces Conference Call to Review Fourth Quarter and Full-Year 2023 Financial Results
MALTA, N.Y., Jan. 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 13, 2024, at 8:30 a.m. ET following the release of...
2 months ago - GlobeNewsWire
GlobalFoundries Named to “America's Most Responsible Companies 2024” List
MALTA, N.Y., Dec. 13, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been named to Newsweek's list of “America's Most Responsible Companies 2024.” It marks the second consecutive year...
3 months ago - GlobeNewsWire
GlobalFoundries Names John Hollister as Chief Financial Officer
MALTA, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that John Hollister will join the company as Chief Financial Officer (CFO), effective February 5, 2024. Hol...
3 months ago - GlobeNewsWire
GlobalFoundries CEO Thomas Caulfield weighs in on the state of the semiconductor market
Thomas Caulfield, GlobalFoundries CEO, joins 'Closing Bell Overtime' to talk the semiconductor market, consumer demand and more.
3 months ago - CNBC Television
Weebit Nano receives wafers manufactured in GlobalFoundries' 22FDX® process
HOD HASHARON, Israel, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Weebit Nano Limited (ASX:WBT), a leading developer of advanced memory technologies for the global semiconductor industry, has received the first...
4 months ago - GlobeNewsWire
GlobalFoundries Announces New Multi-Million Dollar Student Loan Repayment Program to Strengthen Semiconductor Workforce
Program designed to build a critical talent pipeline by easing the burden of education debt for U.S. employees Program designed to build a critical talent pipeline by easing the burden of education de...
4 months ago - GlobeNewsWire
GlobalFoundries Posts Better-Than-Expected Earnings on Resilient Demand
GlobalFoundries (GFS) shares jumped 5% Tuesday after the semiconductor manufacturer reported third-quarter earnings that beat estimates on resilient demand, sending other semiconductor stocks higher a...
4 months ago - Investopedia
GlobalFoundries CEO: The breadth of the end markets we serve differentiates us from peers
Thomas Caulfield, president and chief executive officer of GlobalFoundries, joins 'Squawk on the Street' to discuss how the company's quarterly earnings results fit into the overall narrative, how the...
4 months ago - CNBC Television
Chip Maker GlobalFoundries' Earnings Beat Expectations
The company's stock was rising early Tuesday after the its third-quarter report impressed.
4 months ago - Barrons
