GFS - GLOBALFOUNDRIES Inc.
After hours:
| Previous close | 56.41 |
| Open | 56.93 |
| Bid | 59.81 x 1000 |
| Ask | 60.60 x 1000 |
| Day's range | 56.93 - 60.52 |
| 52-week range | 36.81 - 72.50 |
| Volume | |
| Avg. volume | 1,358,862 |
| Market cap | 33.134B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 20.22 |
| EPS (TTM) | 2.97 |
| Earnings date | 09 May 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 72.29 |
Motley FoolGlobalFoundries Believes the Semiconductor Recovery Is Here, but There's a Catch
GlobalFoundries (NASDAQ: GFS) projects to be free-cash-flow positive this year, even with a semiconductor recovery happening slower than previously anticipated. Want to learn more about what GlobalFoundries' earnings revealed about the semiconductor market? Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say.
ZacksGlobalFoundries Inc. (GFS) Beats Q1 Earnings and Revenue Estimates
GlobalFoundries Inc. (GFS) delivered earnings and revenue surprises of 4% and 0.51%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewswireGlobalFoundries Announces Chief Financial Officer Transition and Names New Chief Business Officer
Tim Stone to join GF as CFO and Niels Anderskouv joins as CBO to accelerate market leadership in differentiated technologiesMALTA, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today announced the appointment of two new senior executives to its leadership team. Tim Stone has been appointed as the new Chief Financial Officer (CFO), taking over for David Reeder who will leave the company after transitioning to Stone over the coming months, and Niels Anderskouv will join
- GlobeNewswire
GlobalFoundries Reports First Quarter 2023 Financial Results
MALTA, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2023. Key First Quarter Financial Highlights Revenue of $1,841 million.Gross margin of 28.0% and adjusted gross margin(1) of 28.5%.Operating margin of 15.8% and adjusted operating margin(1) of 17.7%.Net income of $254 million and adjusted net income(1) of $290 million.Adjusted EBITDA(1) of $655 million.Cash, cash equivalents and
Simply Wall St.GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) Share Price Could Signal Some Risk
It's not a stretch to say that GLOBALFOUNDRIES Inc.'s ( NASDAQ:GFS ) price-to-sales (or "P/S") ratio of 3.9x right now...
BloombergIBM Sued for Allegedly Profiting Off a Business It Spun Off Years Ago
(Bloomberg) -- GlobalFoundries Inc. filed a lawsuit against International Business Machines Corp., claiming that Big Blue is continuing to profit from a chip business that it spun off nearly eight years ago. Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitCNN A
- GlobeNewswire
GlobalFoundries Files Lawsuit Against IBM to Protect its Intellectual Property and Trade Secrets
Accuses IBM of unlawful disclosure to Intel, the Japanese consortium Rapidus and othersMALTA, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today sued IBM for trade secret misappropriation. The complaint asserts the former semiconductor manufacturing company has unlawfully disclosed GF’s confidential IP and trade secrets, after IBM sold its microelectronics business to GF in 2015. The technology at issue was collaboratively developed, over decades, by the companies
- GlobeNewswire
GlobalFoundries Engineer Receives $50,000 Award for Groundbreaking Technology Advances in Inaugural GFX Prize Program
Additional innovation winners announced for 2023 Master Inventors and DE&I in Inventorship ChampionMALTA, N.Y., April 11, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) announced today the winner of its inaugural GFX Prize. This inaugural award recognizes a single groundbreaking invention from among our GF inventors worldwide. As part of this prestigious program, the GFX Prize awards $50,000 USD. We are pleased to announce that Dr. Yusheng Bian, a technology development engineer, Ma
- Simply Wall St.
We Like These Underlying Return On Capital Trends At GLOBALFOUNDRIES (NASDAQ:GFS)
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
- GlobeNewswire
GlobalFoundries Announces Conference Call to Review First Quarter 2023 Financial Results
MALTA, N.Y., April 04, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 9, 2023, at 8:30 a.m. ET following the release of the company’s first quarter 2023 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 9, 2023, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here. The company’s financia
- GlobeNewswire
Georgia Tech and GlobalFoundries to Collaborate on Joint Semiconductor Research and Workforce Development
New partnership to include educational opportunities for Georgia Tech students and faculty, STEM outreach, and joint R&D programs on GF technologyATLANTA and MALTA, N. Y., March 31, 2023 (GLOBE NEWSWIRE) -- Georgia Institute of Technology, one of the top public research universities in the U.S., and GlobalFoundries (Nasdaq: GFS) (GF), one of the world’s leading semiconductor manufacturers, today announced a new partnership to expand collaboration on semiconductor research, education, talent, and
Motley FoolThe CHIPS Act Is Accepting Applications -- Does That Make GlobalFoundries Stock a Buy?
The bear market of 2022 bludgeoned technology stocks, but it also brought an end to the chip shortage for many markets -- at exactly the wrong time for investors. Supply of high-end chips for smartphones, PCs, and some data center components started to loosen up, just as consumer demand for electronic devices started to wane after two years of early-pandemic spending sprees. The U.S. CHIPS and Science Act is now accepting applications from chip manufacturers, which could help bring relief to companies that use mature-node semiconductors in the coming years.
ZacksUMC or GFS: Which Is the Better Value Stock Right Now?
UMC vs. GFS: Which Stock Is the Better Value Option?
Motley FoolGlobalFoundries and General Motors Team Up -- a Win-Win for Both Companies?
Three semiconductor investors discuss how legacy car maker General Motors is trying to get ahead of the chip supply chain struggles.
ZacksZacks Industry Outlook Highlights Infineon Technologies, GlobalFoundries and ASE Technology
Infineon Technologies, GlobalFoundries and ASE Technology Zacks Industry Outlook article.
Zacks3 Electronics Stocks to Escape Pandemic-Led Disruptions
The pandemic-led disruptions hurt the Zacks Electronics - Semiconductors industry. Industry players like IFNNY, GFS and ASX are set to gain from the solid adoption of 5G, AI, ML, IoT and Blockchain.
ZacksGlobalFoundries Inc. (GFS) Q4 Earnings and Revenues Top Estimates
GlobalFoundries Inc. (GFS) delivered earnings and revenue surprises of 7.46% and 1.29%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
GlobalFoundries Reports Fourth Quarter and Fiscal Year 2022 Financial Results
Record Revenue, Gross Margin, Adjusted EBITDA, and Net IncomeMALTA, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2022. Key Fourth Quarter Financial Highlights Revenue of $2,101 million, up 14% year-over-year.Gross margin of 29.6% and adjusted gross margin of 30.1%.Net income of $668 million.Adjusted EBITDA of $821 million.Cash, cash equivalents and marketable
ZacksGeneral Motors (GM) and GlobalFoundries Announce Strategic Deal
General Motors (GM) and GlobalFoundries (GFS) form a new long-term agreement to help meet the auto giant's growing demand for superior-quality semiconductor chips.
Yahoo FinanceGM, GlobalFoundries sign exclusive US chip supply deal
GM and chipmaker GlobalFoundries (GF) announced a long-term, direct chip supply deal for GM’s automotive needs. The chips will come from a GF’s chip facility in upstate New York, which the companies say will fuel a dedicated “capacity corridor” for GM’s chip supply.
- GlobeNewswire
GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips
MALTA, N.Y. and DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. Through this first-of-its-kind agreement, GF will manufacture for GM’s key chip suppliers at GF’s advanced semiconductor facility in upstate New York bringing a critical process to the U.S. This agreement supports GM’s strategy to reduce the numb
BloombergGM Locks Up Chip Supply in Deal With GlobalFoundries
(Bloomberg) -- General Motors Co. signed a deal with GlobalFoundries Inc. to lock up production capacity for semiconductors, helping the automaker manage a chip shortage that has hindered auto production for several years.Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsUS Scrambles Jets for ‘Routine’ Intercept of Russia
- GlobeNewswire
GlobalFoundries Acquires Renesas’ Non-Volatile Resistive RAM Technology to Proliferate IoT and 5G Applications
Technology acquisition expands GF’s portfolio and differentiated roadmap while accelerating the commercialization of memory solutionsMALTA, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has acquired Renesas Electronics Corporation (Renesas)’s proprietary and production proven Conductive Bridging Random Access Memory (CBRAM) technology, a low power memory solution designed to enable a range of applications in home and industrial IoT and smart m
- GlobeNewswire
GlobalFoundries Announces Conference Call to Review Fourth Quarter and Full-Year 2022 Financial Results
MALTA, N.Y., Jan. 06, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today announced that it will host a conference call on Tuesday, February 14, 2023, at 8:30 a.m. ET following the release of the company’s fourth quarter and full-year 2022 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 14, 2023, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registeri
- Simply Wall St.
GLOBALFOUNDRIES (NASDAQ:GFS) investors are sitting on a loss of 18% if they invested a year ago
Most people feel a little frustrated if a stock they own goes down in price. But sometimes a share price fall can have...