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With nine months of market action in the books, six of them have showed GlobalFoundries returns in red ink. All told, the stock has slid 36% lower in 2024 while larger rival Taiwan Semiconductor ...
Nevertheless, GlobalFoundries shares were headed down with the rest of the stock market in early 2022. The stock reached $50 a share on February 23, dropping from $66.73 at the start of the year ...
GlobalFoundries expects its first-quarter revenue between $1.55 billion and $1.60 billion. GlobalFoundries signed a long-term agreement with General Motors in 2023 to establish production capacity ...
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GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York. [4] Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company , a sovereign wealth fund of the ...
GlobalFoundries Inc (NASDAQ:GFS) stock gained after it reported its quarterly earnings Tuesday. The company’s fiscal first-quarter 2024 revenue declined 16% year-on-year to $1.55 billion ...
GLOBALFOUNDRIES (GFS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well. Why GLOBALFOUNDRIES (GFS) Stock Might be a Great Pick Skip ...
GlobalFoundries said it expects adjusted profit per share to be in the range of 53 cents to 64 cents in the three months to December, above estimates of 52 cents, according to LSEG data.