Why Globalfoundries Rallied Today
While communications infrastructure, Internet of Things, and automotive chips still all posted sales declines, sales of chips ...
GlobalFoundries Inc: Strong Performance and Strategic Diversification Support Buy Rating
Analyst Blayne Curtis of Jefferies maintained a Buy rating on GlobalFoundries Inc (GFS – Research Report), with a price target of $50.00.
GlobalFoundries shares jump on strong mobile business growth
Shares of GlobalFoundries Inc. jumped more than 14% today after the company disclosed that its mobile chip business grew much ...
Digi Times1d
GlobalFoundries' 3Q24 earnings: 7% revenue growth driven by design wins despite YoY decline
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% ...
GlobalFoundries price target lowered to $50 from $63 at Baird
Baird lowered the firm’s price target on GlobalFoundries (GFS) to $50 from $63 and keeps an Outperform rating on the shares. The firm ...
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped ...
Datacenter Dynamics2d
GlobalFoundries fined for shipping wafers to sanctioned Chinese firm
GlobalFoundries (GF) has been fined $500,000 by the Department of Commerce for shipping chip components to a company on the ...
GlobalFoundries Rallies After Forecast Sails Past Estimates
GlobalFoundries Inc., the largest US maker of made-to-order semiconductors, rose the most since its initial public offering three years ago after delivering a surprisingly upbeat forecast.
GlobalFoundries Inc. Hold Rating: Awaiting Cyclical Recovery Amid Growth Opportunities and Valuation Challenges
Analyst Vivek Arya from Bank of America Securities reiterated a Hold rating on GlobalFoundries Inc (GFS – Research Report) and decreased ...