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The Latest Breaking News from GlobalFoundries

Chipmaker GlobalFoundries Beats Earnings Goal On In-Line Sales

Contract chipmaker GlobalFoundries beat expectations for earnings in the third quarter while matching views on sales.

Investors Business Daily

How Singapore and its population of just six million is beating much bigger countries in the race to attract chip manufacturing

Singapore could be a lesson for other countries hoping to break into chips: Experience and expertise is worth more than money.

Fortune

GlobalFoundries Applies for CHIPS Money to Expand U.S. Fabs

Update 9/30: Correcting the number of companies interested in receiving support from the CHIPS fund. GlobalFoundries has applied for financial support from the U.S. CHIPS and Science Act to expand its American manufacturing sites, the company said this week. The company intends to get federal grants and investment tax credits…

AnandTech

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GlobalFoundries Criticizes German Subsidies to Rival TSMC

GlobalFoundries also wants some government money.

Tom’s Hardware

GlobalFoundries: European Chip Subsidies May Damage Ability to Compete

GlobalFoundries, a specialist semiconductor foundry company, has come forward with warnings about how Europe's planned chip subsidies might impact the highly-competitive semiconductor manufacturing landscape.

Tom’s Hardware

GlobalFoundries Stock Flashing Renewed Technical Strength With 80+ RS

A Relative Strength Rating upgrade for GlobalFoundries shows improving technical performance.

Investors Business Daily

If you own a CPU or GPU, it was made in one of these fab locations

From Dublin to Hsinchu, three companies make most of the high performance chips for our gaming PCs.

PC Gamer

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Dow Jones Falls Ahead Of Biden Debt Ceiling Meeting; PayPal Dives On Earnings

The Dow Jones Industrial Average fell Tuesday ahead of President Joe Biden's meeting with Congress on the debt ceiling deadline.

Investors Business Daily

GlobalFoundries Tops First-Quarter Targets But Misses Views With Guidance

Contract chipmaker GlobalFoundries beat Wall Street's targets for the first quarter but guided lower for the current period.

Investors Business Daily

GlobalFoundries sues IBM over alleged trade secrets breach

Since a handover between IBM and GF, both companies have been battling it out on the legal playing field.

TechRadar

GlobalFoundries Sues IBM For Giving Chip Secrets to Intel, Rapidus

GlobalFoundries accuses IBM of disclosing proprietary information to Intel and Rapidus.

Tom’s Hardware

Stock Market Rally Extends Pause Amid Hot Inflation; Tesla, Shopify, Airbnb In Focus: Weekly Review

The stock market rally struggled late in the week as hot inflation and other economic data took a toll. Tesla, Shopify, Airbnb moved on news.

Investors Business Daily

Chipmaker Blasts Into Buy Zone On IoT Expansion, 700% Growth

As semiconductor stocks soar, GlobalFoundries inks a deal with GM to make chips and posts 700% growth. GFS stock soars on the news.

Investors Business Daily

Dow Jones Falls 200 Points On Hot CPI Inflation Report; 8 Earnings Movers To Watch

The Dow Jones briefly dropped over 200 points Tuesday on a hot January CPI inflation report. First Solar fell sharply on a downgrade.

Investors Business Daily

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Investors Business Daily

Contract Chipmaker GlobalFoundries Exceeds Fourth-Quarter Goals, Guides Higher

Contract chipmaker GlobalFoundries on Tuesday easily beat Wall Street's targets for the fourth quarter and offered a raised outlook.

Tribune News Service

GM makes deal with wafer maker to secure semiconductor part supply

General Motors Co. and GlobalFoundries are forming a long-term agreement to give GM a dedicated supply of a critical part on semiconductors, the companies announced Thursday.

Investors Business Daily

Rivian, GlobalFoundries Joining Nasdaq 100 Index; Apple Chipmaker, China Stocks Falling Off

Tesla rival Rivian and GlobalFoundries lead Dec. 19 additions to the Nasdaq 100 index. Apple chipmaker Skyworks and two China names will exit.

Investors Business Daily

Dow Jones Rises As Best Buy Surges On Earnings; Zoom Dives On Weak Guidance

The Dow Jones Industrial Average rose Tuesday as investors digested a number of earnings reports, including results from retailer Best Buy.

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Investors Business Daily

Dow Jones Drops Ahead Of Fed Minutes; Tesla Stock Dives To New Low; Zoom Slides On Earnings

Dow Jones futures were higher ahead of Wednesday's Fed minutes. Tesla dived Monday, hitting a 52-week low and nearing a two-year low.

Investors Business Daily

Dow Jones Rises As Oil Prices Tumble On OPEC Talks; Tesla Hits New Low

The Dow Jones Industrial Average rose Monday, as Disney stock surged almost 10% after the company announced Bob Iger will return as CEO.

Investors Business Daily

Dow Jones Rallies As Oil Prices Tumble; Foot Locker, Gap, Ross Stores Soar On Earnings

The Dow Jones Industrial Average rose Friday, as U.S. oil prices tumbled. Foot Locker, Gap and Ross Stores soared on earnings.

Investors Business Daily

Dow Jones Falls After Key Economic Data; Nvidia Drops On Earnings Miss

The Dow Jones Industrial Average sold off Thursday after key economic data. Nvidia earnings missed estimates, sparking a 2% retreat.

Investors Business Daily

Dow Jones Falls After Strong Retail Sales; Target Plunges On Weak Earnings; Nvidia Earnings Up Next

The Dow Jones Industrial Average fell Wednesday after U.S. retail sales data. Target dived on weak results, while Nvidia earnings are due out late.

Investors Business Daily

Dow Jones Rallies On Cool Inflation Data; Walmart Surges On Earnings

The Dow Jones Industrial Average rallied Tuesday on cooler inflation data. Walmart surged on earnings results.

Investors Business Daily

Dow Jones Falls 200 Points Ahead Of Key Inflation Data; Here Are 6 Top Stocks To Buy And Watch

Dow Jones futures were little changed ahead of Tuesday's stock market open. Key inflation data is due out Tuesday morning.

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