company-page-background
GLOBALFOUNDRIES Logo
GLOBALFOUNDRIES
 2.8
(51 Reviews)

GLOBALFOUNDRIES News

GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
The Motley FoolOctober 19, 2022

Over the past 3 months, 6 analysts have published their opinion on GLOBALFOUNDRIES (NASDAQ:GFS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company’s business to predict how a stock will trade over the upcoming year.

Analyst Ratings for GLOBALFOUNDRIES
The Motley Fool
Analyst Ratings for GLOBALFOUNDRIES
https://www.benzinga.com/analyst-ratings/22/10/29315575/analyst-ratings-for-globalfoundries
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
The Motley FoolOctober 19, 2022

STMicroelectronics is making the technology that powers electric vehicles, industrial automation, and power management solutions.

1 Little-Known Chip Stock to Bet on the Auto Industry
The Motley Fool
1 Little-Known Chip Stock to Bet on the Auto Industry
https://www.fool.com/investing/2022/10/19/1-little-known-chip-stock-to-bet-on-the-auto-indus/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
InvestorsObserverOctober 18, 2022

Deutsche Bank Aktiengesellschaft decreased their price objective on GLOBALFOUNDRIES from $65.00 to $60.00 in a report on Tuesday.

Deutsche Bank Aktiengesellschaft Lowers GLOBALFOUNDRIES (NASDAQ:GFS) Price Target to $60.00
InvestorsObserver
Deutsche Bank Aktiengesellschaft Lowers GLOBALFOUNDRIES (NASDAQ:GFS) Price Target to $60.00
https://www.marketbeat.com/instant-alerts/nasdaq-gfs-a-buy-or-sell-right-now-2022-10-2/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
InvestorsObserverOctober 18, 2022

The reported job cuts come at an awkward time for Intel—the company lobbied heavily for the subsidies in the CHIPS Act.

What Intel’s Layoffs Mean for the U.S. Chips Industry
InvestorsObserver
What Intel’s Layoffs Mean for the U.S. Chips Industry
https://time.com/6222411/intel-layoffs-chips-act/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
InvestorsObserverOctober 18, 2022

Semiconductor manufacturers worldwide are forecast to expand 300mm fab capacity at a nearly 10% CAGR from 2022 to 2025, according to SEMI.

SEMI: Global 300mm Chip Fab Capacity Forecast to Reach New High in 2025
InvestorsObserver
SEMI: Global 300mm Chip Fab Capacity Forecast to Reach New High in 2025
https://www.eetasia.com/semi-global-300mm-chip-fab-capacity-forecast-to-reach-new-high-in-2025/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
InvestorsObserverOctober 18, 2022

Technology stocks were finishing near their intra-day highs Monday, with the SPDR Technology Select Sector ETF (XLK) rising 3.1% and the Philadelphia Semiconductor Index gaining 2.3% in late trading.In company news, Splunk (SPLK) climbed 5.5% following reports Starboard Value was pressing the data a…

Sector Update: Tech Stocks End Near Monday Highs
InvestorsObserver
Sector Update: Tech Stocks End Near Monday Highs
https://www.investorsobserver.com/news/mtnewswire/sector-update-tech-stocks-end-near-monday-highs
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
Sioux City Catholic GlobeOctober 17, 2022

GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Get Rating) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 12,600,000 shares, a drop of 7.8% from the September 15th total of 13,660,000 shares. Based on an average daily trading volume, of 2,160,000…

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Short Interest Update
Sioux City Catholic Globe
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Short Interest Update
https://www.marketbeat.com/instant-alerts/nasdaq-gfs-options-data-report-2022-10-2/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
VTDiggerOctober 15, 2022

The senator reported feeling unwell late on Thursday and was taken to a hospital in the Washington, D.C., area. He was released on Friday after “an uneventful night,” his office said, and plans to fly to Vermont on Saturday.

Sen. Patrick Leahy discharged from hospital after precautionary tests
VTDigger
Sen. Patrick Leahy discharged from hospital after precautionary tests
https://vtdigger.org/2022/10/14/sen-patrick-leahy-discharged-from-hospital-after-precautionary-tests/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
troyrecordOctober 14, 2022

The CHIPS Act is expected to bring microchip manufacturing back to the U.S. and every job should be a union job, Carl Kennebrew writes.

Opinion: Microchip industry must respect workers' right to unionize
troyrecord
Opinion: Microchip industry must respect workers' right to unionize
https://www.dispatch.com/story/opinion/columns/guest/2022/10/14/opinion-intel-microchip-industry-must-respect-workers-right-to-unionize/69544621007/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
troyrecordOctober 14, 2022

The 82-year-old senator planned to spend Thursday night at the hospital, according to his office.

Sen. Patrick Leahy hospitalized 'as a precaution'
troyrecord
Sen. Patrick Leahy hospitalized 'as a precaution'
https://vtdigger.org/2022/10/13/sen-patrick-leahy-hospitalized-as-a-precaution/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
troyrecordOctober 14, 2022

300mm capacity will expand at a nearly 10% CAGR from 2022 to 2025, reaching an all-time high of 9.2 million wpm, says SEMI. Strong demand for automotive

300mm capacity to grow at 10% CAGR 2022-25
troyrecord
300mm capacity to grow at 10% CAGR 2022-25
https://www.electronicsweekly.com/news/business/807525-2022-10/
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
troyrecordOctober 14, 2022

ALBANY, N.Y. — As part of highlighting National Manufacturing Week, Rep. Paul Tonko hosted a roundtable discussion with a group of local manufacturers at the University at Albany’s Emerging T…

Tonko highlights importance of new manufacturing jobs
troyrecord
Tonko highlights importance of new manufacturing jobs
https://www.troyrecord.com/2022/10/13/tonko-highlights-importance-of-new-manufacturing-jobs
GLOBALFOUNDRIES logo
GLOBALFOUNDRIES
Seeking AlphaOctober 13, 2022

GLOBALFOUNDRIES Inc. (NASDAQ:GFS - Get Rating) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eleven have assigne

GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Receives Average Rating of "Moderate Buy" from Analysts
Seeking Alpha
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Receives Average Rating of "Moderate Buy" from Analysts
https://www.marketbeat.com/instant-alerts/nasdaq-gfs-consensus-analyst-rating-2022-10-2/