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GFS GlobalFoundries Inc. Ordinary Shares

Sector: Technology
Industry: Semiconductors
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GFS News
Date Headline Sentiment
Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Elevated borrowing costs could pressure semiconductor manufacturing and AI infrastructure investments while straining customer budgets. The Philadelphia Semiconductor Index (SOX) has declined for seven consecutive trading sessions, matching its longest losing streak since the 2008 financial crisis.
97.55%
Zohran Mamdani Says Quantum Is Poised to Become a ‘Multi-Trillion Dollar Industry’ and New Yorkers Should ‘Share in That Profit’
54.82%
Shares of semiconductor and chip companies are trading lower as rising inflation concerns and elevated energy prices fuel expectations for further Fed rate hikes. Rising borrowing costs could pressure fab and AI infrastructure while straining customers budgets. Semiconductor stocks also faced pressure after South Korea’s Kospi index fell more than 7% overnight.
97.27%
TD Cowen Reiterates Buy on GLOBALFOUNDRIES, Maintains $75 Price Target
78.99%
Wedbush Reiterates Neutral on GLOBALFOUNDRIES, Maintains $72 Price Target
90.26%
Taiwan Semiconductor CEO Sees No Ceiling on Profitability
94.22%
Why Is GlobalFoundries Stock Surging Wednesday?
87.83%
GlobalFoundries shares are trading higher after the company announced its selection as operator of two new semiconductor manufacturing facilities in upstate New York under a U.S.-Japan initiative that includes up to $21 billion in funding.
95.1%
GlobalFoundries Tapped As Technology Provider, Operator For Two New Semiconductor Production Sites at Its New York Facility Under Japan-U.S. Initiative For Up To $21B In Funding
92.43%
GlobalFoundries Announces 7nm-Class FDX Fusion Chip Platform For Physical AI, Plans 2028 Manufacturing Start In Dresden
83.16%