GlobalFoundries' poised to get final Chips Act award, source says
By David Shepardson, Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -GlobalFoundries and at least two other ...
Why Globalfoundries Rallied Today
While communications infrastructure, Internet of Things, and automotive chips still all posted sales declines, sales of chips ...
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 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 ...
GlobalFoundries Inc.: Mixed Signals with Automotive Growth and Mobile Declines Justify Hold Rating
Needham analyst Quinn Bolton has maintained their neutral stance on GFS stock, giving a Hold rating yesterday. Quinn Bolton has given his Hold ...
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% ...
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Globalfoundries Inc (GFS) Stock: Surpassing Expectations in the Market?
On Monday, Globalfoundries Inc (GFS) stock saw a decline, ending the day at $36.01 which represents a decrease of $-0.62 or -1.69% from the prior close of $36.63. The stock opened at $36.64 and ...
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 ...
Digi Times3d
US fines GlobalFoundries US$500,000 for wafer shipments to Entity List
The US imposed a US$500,000 in mitigated penalty against GlobalFoundries for shipments of semiconductors to entity-listed ...