GlobalFoundries Inc. (GFS)
GlobalFoundries Inc. (GFS) Q1 Earnings and Revenues Beat Estimates
GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.31 per share a year ago.
GlobalFoundries sees Q2 revenue, profit above estimates on stable chip demand
GlobalFoundries forecast second-quarter revenue and profit slightly above Wall Street estimates on Tuesday, in a sign that the contract chipmaker was seeing stable demand despite choppy auto production and a soft smartphone market.
United Microelectronics shares pop more than 10% on report of potential GlobalFoundries deal
U.S. shares of Taiwan-based United Microelectronics popped more than 10% on news that it is looking to potentially merge with GlobalFoundries. Nikkei reported the news, citing sources familiar with the deal.
GlobalFoundries chief says tariffs could benefit US chipmakers
GlobalFoundries Chief Executive Officer Thomas Caulfield said on Tuesday that U.S. tariffs on foreign-made chips could help U.S. chip manufacturers by boosting demand for domestically made chips.
GlobalFoundries CEO on policy changes under Trump
GlobalFoundries Thomas Caulfield discusses the CHIPS Act and whether there could be changes to the program under the new administration.
Why GlobalFoundries Rallied 11.4% This Week
Shares of U.S. specialty chip manufacturer GlobalFoundries (GFS -1.68%) rallied 11.4% this week, according to data from S&P Global Market Intelligence.
GlobalFoundries Gains Analyst Upgrade, Eyes Growth In Automotive And AI-Powered Data Centers
GlobalFoundries Inc GFS stock gained after Needham analyst Quinn Bolton upgraded the stock from Hold to Buy and a price target of $50.
GlobalFoundries, Inc. (GFS) Q4 2024 Earnings Call Transcript
GlobalFoundries, Inc. (NASDAQ:GFS ) Q4 2024- Earnings Conference Call February 11, 2025 8:30 AM ET Company Participants Sam Franklin - VP, Business Finance & IR Thomas Caulfield - CEO John Hollister - CFO Niels Anderskouv – CBO Tim Breen - COO Conference Call Participants Chris Caso - Wolfe Research Mark Lipacis - Evercore ISI Krish Sankar - TW Cowen Ross Seymore - Deutsche Bank Harlan Sur - J.P. Morgan Vivek Arya - Bank of America Securities Quinn Bolton - Needham & Company Operator Good day and thank you for standing by.
GlobalFoundries (GFS) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for GlobalFoundries (GFS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
GlobalFoundries Inc. (GFS) Surpasses Q4 Earnings Estimates
GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.64 per share a year ago.
GlobalFoundries forecasts weak Q1 amid tariff concerns and smartphone sector struggles
GlobalFoundries on Tuesday forecast first-quarter revenue and profit below Wall Street estimates as the contract chipmaker braces for the potential impact of President Donald Trump's tariffs on automaker clients and a challenging smartphone market in 2025.
GlobalFoundries appoints Tim Breen as CEO
Contract chipmaker GlobalFoundries has appointed Tim Breen as its chief executive officer, the company said on Wednesday.
