(Reuters) -Contract chipmaker GlobalFoundries forecast revenue and profit for the third quarter below Wall Street estimates on Tuesday, as it grapples with a slow recovery in demand from clients in ...

GlobalFoundries Fab 8 President and CEO Thomas Caulfield, left, and Sen. Charles Schumer answer questions at a Feb. 20 news conference formally announcing a $1.5 billion award from the federal CHIPS ...

We know an Amazon warehouse wants to come to this area, and I don’t think Williston wants that,” said Williston Planning Commission member Jill Pardini.

Tom Caulfield, who is stepping down to become executive chairman of the chipmaker in April, says the $52 billion program is vital to U.S. interests GlobalFoundries CEO Thomas Caulfield speaks during a ...

The company's financial results were driven in part by "meaningful traction in secular growth end markets," CEO Timothy Breen ...

The average one-year price target for GLOBALFOUNDRIES (NasdaqGS:GFS) has been revised to $77.80 / share. This is an increase of 49.64% from the prior estimate of $51.99 dated April 25, 2026. The price ...

GlobalFoundries Inc. (GFS) reported $1.63 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.1%. EPS of $0.40 for the same period compares to $0.34 a year ...

(Reuters) -GlobalFoundries said on Wednesday its CHIPS Act funding is "well intact" and the framework does not involve any type of equity, days after the U.S. government took a 10% equity stake in ...

GlobalFoundries (GFS) shares rose 5% on Thursday as the company said its board of directors had authorized its first-ever ...

GlobalFoundries has successfully obtained $1.5 billion in funding through the CHIPS Act for its expansion initiatives in the United States. They are planning to allocate this financial support towards ...

GLOBALFOUNDRIES Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2026. Key First Quarter Financial Highlights “GF delivered strong results in ...

Today at its 2026 Investor Day, GlobalFoundries (NASDAQ: GFS) highlighted clear opportunities for durable growth in AI-centric markets, expanding profitability and long-term value creation, ...