NASDAQ:GFS - Nasdaq - KYG393871085 - Common Stock - Currency: USD
GlobalFoundries stock gained after Needham analyst Quinn Bolton upgraded the stock from Hold to Buy and a price target of $50.
While the brokerage noted that GlobalFoundries' first-quarter (Q1) guidance was below expectations, it observed that the company's long-term growth outlook remains constructive.
Tesla, Instacart initiated: Wall Street's top analyst calls
The company’s data center and automotive segments drove its topline during the quarter, which grew 18% and 30% year-on-year, respectively.
Wall Street analysts praised Astera Labs for its beat-and-raise fourth-quarter report but investors wanted more. ALAB stock fell on Tuesday.
MALTA, N.Y., Feb. 11, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2024.
Dr. Thomas Caulfield appointed Executive Chairman, Tim Breen named CEO and Niels Anderskouv named President and COO
Dr. Thomas Caulfield appointed Executive Chairman, Tim Breen named CEO and Niels Anderskouv named President and COO...
GlobalFoundries said that this facility will manufacture, process, package, and test its chips entirely onshore in the U.S., in line with the government’s efforts to attract companies to make crucial semiconductor chips in the country.
First of-its-kind center will offer advanced packaging and test capabilities in New York for U.S.-made essential chips used in AI, automotive, aerospace and defense, and other applications
First of-its-kind center will offer advanced packaging and test capabilities in New York for U.S.-made essential chips used in AI, automotive, aerospace...
MALTA, N.Y., Jan. 08, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 11,...
Skywater Technology is a semiconductor manufacturer and development company with an interesting business model. It also has quantum computing upside.
Settlement paves the way for potential future collaboration
Settlement paves the way for potential future collaboration...
Learn how Taiwan Semi and ASML stocks could be affected by Trump’s proposed tariffs. Discover the potential market impacts on these semiconductor leaders.
Funding moves GF closer to large-scale production of next-generation gallium nitride chips for a range of RF and high-power applications
Funding moves GF closer to large-scale production of next-generation gallium nitride chips for a range of RF and high-power applications...