GlobalFoundries Inc. (GFS)
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.
GlobalFoundries CEO on the state of semiconductors and CHIPS Act
Tom Caulfield, GlobalFoundaries CEO, joins CNBC's The Exchange to discuss the state of semiconductors, his expectations for the Trump administration, and more.
US finalizes $1.5 billion chips award for GlobalFoundries to expand production
The U.S. Commerce Department said Wednesday it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand semiconductor production in Malta, New York and Vermont.
GlobalFoundries' poised to get final Chips Act award - source
GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the Biden administration, a person briefed on the matter said, a sign of progress amid growing concerns about the pace of the award rollout.
Why Globalfoundries Rallied Today
The beaten-down semiconductor company's earnings were better than the market feared.
GlobalFoundries CEO on earnings beat: smart devices and autos helped drive growth
Tom Caulfield, GlobalFoundaries CEO, joins CNBC's 'Money Movers' to discuss the company's earnings beat, where the company sees growth going forward, and more.
