STOCK TITAN

Globalfoundries Inc. - GFS STOCK NEWS

Welcome to our dedicated page for Globalfoundries news (Ticker: GFS), a resource for investors and traders seeking the latest updates and insights on Globalfoundries stock.

Overview

GlobalFoundries (GFS) is a full-service semiconductor foundry renowned for its comprehensive design, development, and manufacturing services. As one of the largest and most versatile foundries, GF provides a unique blend of advanced process technologies and high-volume production capabilities to a diverse array of customers worldwide. Established from a historic background in semiconductor manufacturing, the company has evolved into a global partner for industries ranging from communications and computing to automotive, industrial, and aerospace & defense.

Global Manufacturing Footprint

GlobalFoundries is distinguished by its truly global manufacturing network, encompassing state-of-the-art facilities in strategic locations across the United States, Europe, and Asia. This geographic diversification not only provides supply chain resilience but also ensures customers have access to secure, American-made chips and high-volume production platforms. With manufacturing centers in Singapore, Germany, and the United States, GF is uniquely positioned to support complex production requirements and meet diverse market needs.

Advanced Process Technologies

At the heart of GF's operations is a robust portfolio of process technologies, spanning from mainstream nodes to advanced packaging and mature process technologies. Their fabs offer both 300mm and 200mm wafer production lines, delivering a full spectrum of semiconductor solutions. This flexibility allows GF to cater to a wide range of applications, including high-performance computing, smart mobile devices, IoT, and automotive electronics. Industry-specific terminologies such as semiconductor foundry and process technology are integral to their value proposition, highlighting their expertise in tailoring production processes to meet exacting industry standards.

Research, Development, and Innovation

Innovation is a cornerstone of GlobalFoundries' strategy. The company has invested heavily in research and development through strategically located centers near major semiconductor hubs. These facilities focus on breakthrough advancements in chip technology, process optimization, and advanced packaging solutions. Collaborative initiatives with industry players and academic institutions further bolster its commitment to research, enabling GF to continually refine its offerings and remain at the forefront of semiconductor design and manufacturing.

Customer-Centric Collaborations

GF’s business model is built on robust partnerships and collaborative efforts. With over 250 customers spanning multiple end markets, the company works closely with its clients, from initial design enablement to large-scale production. These partnerships extend to strategic alliances with technology leaders and government agencies, ensuring that GF’s manufacturing solutions are aligned with both commercial demand and national security imperatives. By integrating customer insights into its process development, GlobalFoundries consistently delivers reliable, cost-effective manufacturing solutions without compromising on quality.

Technological Expertise and Market Significance

GlobalFoundries leverages its deep expertise in advanced semiconductor manufacturing to address complex challenges across various markets. Its mature-node processes have provided a competitive edge in applications where reliability, power efficiency, and performance are critical. The company also supports specialized high-value operations, such as secure chip manufacturing for defense and aerospace applications, attesting to its commitment to quality and national security. This focus on precision engineering and process optimization solidifies GF’s reputation as a trusted technology source.

Strategic Industry Engagement

GF’s proactive engagement in expanding and diversifying the semiconductor talent pipeline is a testament to its industry leadership. The company actively collaborates with Minority Serving Institutions (MSIs), universities, and training centers to cultivate future talent in the semiconductor ecosystem. Such initiatives not only reinforce its commitment to workforce development but also ensure sustained innovation and operational excellence in a rapidly evolving market.

Robust Infrastructure and Process Reliability

The advanced production facilities at GlobalFoundries are designed to ensure robust yields and consistent performance across high-volume manufacturing cycles. With trusted foundry accreditations and secure manufacturing for sensitive applications, the company emphasizes reliability and quality control at every stage of the production process. This dedication to operational excellence mitigates risks for its customers and underlines its role as a foundational pillar in the semiconductor supply chain.

Conclusion

In summary, GlobalFoundries stands as a comprehensive, technologically advanced semiconductor foundry that offers both mature and cutting-edge process technologies. Its global footprint, extensive R&D efforts, and deep industry collaborations enable the company to serve a broad spectrum of markets with reliability and precision. By adhering to industry-best practices and continuously innovating, GF remains a pivotal player in shaping the future landscape of semiconductor manufacturing, ensuring that essential electronic components are made with the highest standards of quality and performance.

Rhea-AI Summary
Infineon Technologies AG and GlobalFoundries have announced a new multi-year agreement for the supply of Infineon’s AURIX TC3x 40 nanometer automotive microcontrollers, power management, and connectivity solutions. This agreement is expected to contribute to Infineon's business growth from 2024 through 2030. The collaboration aims to develop differentiated automotive, industrial, and security semiconductor technology and products, with a focus on enabling mission-critical automotive applications while meeting safety and security requirements for next-generation vehicle systems. The announcement also highlights the importance of a global manufacturing footprint to meet capacity needs and ensure a resilient supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
none
-
Rhea-AI Summary
GlobalFoundries (NASDAQ: GFS) to host conference call to discuss fourth quarter and full-year 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.85%
Tags
-
Rhea-AI Summary
GlobalFoundries (Nasdaq: GFS) has been named to Newsweek’s list of “America’s Most Responsible Companies 2024” for the second consecutive year, highlighting its commitment to ESG and environmentally sustainable manufacturing. Stacey Barrick, GF’s global head of ESG, expressed pride in the recognition and emphasized GF’s dedication to corporate responsibility and ESG in every decision.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
none
Rhea-AI Summary
GlobalFoundries (NASDAQ: GFS) has announced the appointment of John Hollister as Chief Financial Officer (CFO), effective February 5, 2024. Hollister, a semiconductor industry veteran, will be responsible for GF’s financial strategy and will lead the company’s global finance organization. With decades of experience and a proven track record as a CFO of a publicly traded company, Hollister is expected to support the acceleration of GF's financial performance and create sustainable value for stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.43%
Tags
none
-
Rhea-AI Summary

GlobalFoundries (Nasdaq: GFS) (GF) announced the launch of a student loan repayment program to help U.S. employees pay down student loan debt. The program is part of a multi-million dollar investment to strengthen the semiconductor talent workforce and will provide a tax-free, lifetime total of $28,500 toward eligible employees' student debt. The initiative aims to ease the financial burden of higher education and training for present and future employees, offering benefits such as tuition reimbursement, parental leave, fitness stipend, and childcare subsidy. The program is set to begin in early 2024 and is designed to attract and retain talented workers, especially in the Capital Region and Upstate New York. The funding from the CHIPS and Science Act aims to make higher education more accessible and level the playing field for the U.S. through building a workforce that enables a successful domestic semiconductor industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
-
Rhea-AI Summary
GlobalFoundries Inc. (GF) announced preliminary financial results for Q3 2023, with revenue of $1,852 million, gross margin of 28.6%, operating margin of 14.1%, net income of $249 million, and adjusted EBITDA of $667 million. The U.S. Department of Defense awarded GF a 10-year contract for semiconductors. GF expanded its global operations and announced its most advanced RF technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.05%
Tags
Rhea-AI Summary
GlobalFoundries receives $35 million in federal funding to accelerate manufacturing of gallium nitride chips
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
none
-
Rhea-AI Summary
GlobalFoundries and the U.S. Department of Defense to host Trusted Foundry Training event
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
GlobalFoundries to host conference call on November 7, 2023, following release of Q3 2023 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
Rhea-AI Summary
GlobalFoundries and Microchip Technology announce the release of the SST ESF3 third-generation embedded SuperFlash non-volatile memory (NVM) solution in the GF 28SLPe foundry process. The implementation delivers capabilities such as low cost, competitive bitcell size, and high performance. Use cases for embedded flash are increasing in applications like IoT and smart devices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
none

FAQ

What is the current stock price of Globalfoundries (GFS)?

The current stock price of Globalfoundries (GFS) is $31.7 as of April 17, 2025.

What is the market cap of Globalfoundries (GFS)?

The market cap of Globalfoundries (GFS) is approximately 18.6B.

What is the core business of GlobalFoundries?

GlobalFoundries is a full-service semiconductor foundry that specializes in advanced process technologies and provides comprehensive manufacturing services to a diverse range of industries.

How does GlobalFoundries generate revenue?

GF generates revenue primarily through wafer fabrication services, licensing of process technologies, and collaboration with customers across various end markets including automotive, IoT, and aerospace & defense.

What markets does GlobalFoundries serve?

The company serves multiple sectors such as smartphones, personal computers, industrial electronics, automotive systems, data centers, and critical defense applications.

What distinguishes GlobalFoundries from other semiconductor foundries?

Its unique global manufacturing footprint, range of process technologies from mature to advanced, and deep collaborations with industry and academic partners underscore its differentiation in cost-effective, high-quality semiconductor production.

What advanced technologies are associated with GlobalFoundries?

GF utilizes a broad spectrum of technologies including advanced packaging, silicon photonics, and mature-node process technologies, all of which are integral to producing power-efficient and high-performance semiconductor devices.

How does GF ensure the reliability and security of its manufacturing processes?

GlobalFoundries maintains trusted foundry accreditations and implements stringent quality control measures across all its production facilities, ensuring that chips meet high standards of reliability and are secure for sensitive applications.

Can you describe GlobalFoundries' global footprint?

GF operates advanced manufacturing facilities across key regions in the United States, Europe, and Asia, offering diverse production options and strengthening its supply chain resilience for customers worldwide.

How does GlobalFoundries contribute to workforce development in the semiconductor industry?

The company actively collaborates with educational institutions, Minority Serving Institutions, and training programs to cultivate a diverse pipeline of talent, thereby supporting long-term innovation and operational excellence in the semiconductor ecosystem.
Globalfoundries Inc.

Nasdaq:GFS

GFS Rankings

GFS Stock Data

18.61B
552.91M
103.05%
1.99%
Semiconductors
Technology
Link
United States
Malta