Globalfoundries Inc (OQ:GFS)

Business Focus: Semiconductor Machinery Manufacturing

Get the company report for the most recent outlook updated daily

May 07, 2024 07:00 am ET

GlobalFoundries Reports First Quarter 2024 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2024. Key First Quarter Financial Highlights Revenue of $1.549 billionGross margin of 25.4% and Non-IFRS gross margin(1)...

Apr 22, 2024 08:32 am ET

GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050

GlobalFoundries (Nasdaq: GFS) (GF) is furthering its commitment to sustainable operations and fighting climate change with the announcement of two new long-term goals to achieve net-zero greenhouse gas (GHG) emissions and 100% carbon-neutral power...

Apr 05, 2024 08:30 am ET

GlobalFoundries Announces Conference Call to Review First Quarter 2024 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 7, 2024, at 8:30 a.m. ET following the release of the company’s first quarter 2024 financial results. Conference Call and Webcast Information The...

Feb 19, 2024 05:30 am ET

GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing

The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries (Nasdaq: GFS) (GF) as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity...

Feb 13, 2024 07:00 am ET

GlobalFoundries Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023. Key Fourth Quarter Financial Highlights Revenue of $1.854 billion.Gross margin of 28.3% and...

Jan 22, 2024 09:00 am ET

Infineon and GlobalFoundries Extend Long-Term Agreement with Focus on Automotive Microcontrollers

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and GlobalFoundries (Nasdaq: GFS) (GF) today announced a new multi-year agreement on the supply of Infineon’s AURIX™ TC3x 40 nanometer automotive microcontrollers as well as power management and...

Jan 08, 2024 08:30 am ET

GlobalFoundries Announces Conference Call to Review Fourth Quarter and Full-Year 2023 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 13, 2024, at 8:30 a.m. ET following the release of the company’s fourth quarter and full-year 2023 financial results. Conference Call and...

Dec 13, 2023 08:32 am ET

GlobalFoundries Named to “America’s Most Responsible Companies 2024” List

GlobalFoundries (Nasdaq: GFS) (GF) has been named to Newsweek’s list of “America’s Most Responsible Companies 2024.” It marks the second consecutive year GF was included on Newsweek’s list, and is the latest recognition of GF’s longstanding...

Dec 11, 2023 07:31 am ET

GlobalFoundries Names John Hollister as Chief Financial Officer

GlobalFoundries (NASDAQ: GFS) today announced that John Hollister will join the company as Chief Financial Officer (CFO), effective February 5, 2024. Hollister, a semiconductor industry veteran, will be responsible for GF’s financial strategy and...

Nov 16, 2023 08:32 am ET

GlobalFoundries Announces New Multi-Million Dollar Student Loan Repayment Program to Strengthen Semiconductor Workforce

GlobalFoundries (Nasdaq: GFS) (GF) announced today that it is launching a new student loan repayment program to help current employees and new recruits pay down student loan debt. The new benefit program is part of the company’s multi-million...

Nov 07, 2023 07:00 am ET

GlobalFoundries Reports Third Quarter 2023 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the third quarter ended September 30, 2023. Key Third Quarter Financial Highlights Revenue of $1,852 million.Gross margin of 28.6% and...

Oct 18, 2023 08:31 am ET

GlobalFoundries Awarded $35 Million Funding from U.S. Government to Accelerate Manufacturing of Next-Generation GaN Chips

GlobalFoundries (Nasdaq: GFS) (GF) has been awarded $35 million in federal funding from the U.S. government to accelerate the manufacturing of GF’s differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction,...

Oct 12, 2023 09:18 am ET

GlobalFoundries and U.S. Department of Defense Showcase Secure Chip Manufacturing at 2023 Trusted Foundry Training

GlobalFoundries (Nasdaq: GFS) (GF) and the U.S. Department of Defense (DoD) will host a group of leaders and technologists from across the aerospace and defense industry on October 18-19 at GF’s Trusted Foundry Training 2023 in Arlington, Virginia....

Oct 02, 2023 08:30 am ET

GlobalFoundries Announces Conference Call to Review Third Quarter 2023 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 7, 2023, at 8:30 a.m. ET following the release of the company’s third quarter 2023 financial results. Conference Call and Webcast Information...

Sep 27, 2023 08:00 am ET

GlobalFoundries® and Microchip Announce Microchip’s 28-nm SuperFlash® Embedded Flash Memory Solution in Production

GlobalFoundries (GF®) (Nasdaq: GFS) and Microchip Technology (Nasdaq: MCHP), via Microchip’s Silicon Storage Technology® (SST®) subsidiary, today announces the immediate release to production of the SST ESF3 third-generation embedded SuperFlash...

Sep 27, 2023 06:03 am ET

GlobalFoundries and Microchip Announce Microchip’s 28nm SuperFlash® Embedded Flash Memory Solution in Production

GlobalFoundries (GF) (Nasdaq: GFS) and Microchip Technology (Nasdaq: MCHP), via its Silicon Storage Technology (SST) subsidiary, today announces the immediate release to production of the SST ESF3 third-generation embedded SuperFlash non-volatile...

Sep 27, 2023 06:00 am ET

GlobalFoundries Unveils Power-Efficient Advancements to 22FDX® Platform at Annual Tech Summit

Today at its annual Technology Summit in Europe, GlobalFoundries (GF) (Nasdaq: GFS) announced advancements to its industry-leading 22FDX® (22nm FD-SOI) platform, introducing a suite of innovative features and enhancements. These enhancements...

Sep 26, 2023 08:00 am ET

Industry Leaders Gather in Europe for GF Technology Summit 2023

At its annual Technology Summit in Europe beginning September 27th, GlobalFoundries (GF) (Nasdaq: GFS), is highlighting key advancements to its technology platforms and solutions that will enable better power efficiency, enhanced performance and...

Sep 25, 2023 10:00 am ET

GlobalFoundries Submits Applications for U.S. CHIPS and Science Act Funding

GlobalFoundries (Nasdaq: GFS) (GF) announced today it has applied for U.S. CHIPS and Science Act Funding, with two full applications submitted to the CHIPS Program Office of the U.S. Department of Commerce. The submitted applications are for...

Sep 21, 2023 08:32 am ET

U.S. Government Awards GlobalFoundries New $3.1 Billion, 10-Year Contract for Secure Chip Manufacturing

The U.S. Department of Defense (DoD) has awarded GlobalFoundries (Nasdaq: GFS) (GF) a new 10-year contract for a supply of securely manufactured, U.S.-made semiconductors for use across a wide range of critical aerospace and defense applications....

Aug 29, 2023 01:00 pm ET

GlobalFoundries Announces 9SW RFSOI Technology for Next-Generation Mobile and 5G Applications

At its annual Technology Summit beginning today, GlobalFoundries (GF) (Nasdaq: GFS), announced advancements in the industry’s first RFSOI foundry solution manufactured on 300mm wafers. Building upon its 8SW RFSOI technology and designed in...

Aug 29, 2023 01:00 pm ET

GlobalFoundries Enhances Technology Platforms to Enable Critical Applications for Next Generation Electric and Autonomous Vehicles

At its annual Technology Summit beginning today, GlobalFoundries (GF) (Nasdaq: GFS), announced advancements for two of its technology platforms that will support the growing demand for the technologies needed for autonomous, connected and...

Aug 28, 2023 08:30 am ET

GlobalFoundries Unveils Key Innovations at Technology Summit 2023

At its annual Technology Summit beginning today, GlobalFoundries (Nasdaq: GFS), is spotlighting its differentiated technology advancements that are enabling more efficient deployment of power, more seamless connectivity and more intelligence that...

Aug 08, 2023 07:00 am ET

GlobalFoundries Reports Second Quarter 2023 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the second quarter ended June 30, 2023. Key Second Quarter Financial Highlights Revenue of $1,845 million.Gross margin of 28.8% and adjusted gross margin(1)...

Aug 02, 2023 09:31 am ET

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Jul 11, 2023 07:00 am ET

GlobalFoundries Announces CFO Update

GlobalFoundries (NASDAQ: GFS) today announced that Tim Stone and GF have agreed that he will not assume his duties as CFO for GF and will depart the company effective July 11th. David Reeder will remain as GF’s CFO through the end of the year, to...

Jul 05, 2023 08:30 am ET

GlobalFoundries Announces Conference Call to Review Second Quarter 2023 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 8, 2023, at 8:30 a.m. ET following the release of the company’s second quarter 2023 financial results. Conference Call and Webcast Information...

Jun 12, 2023 12:30 pm ET

Lockheed Martin and GlobalFoundries Collaborate to Advance Innovation and Resiliency of Chips for National Security

Lockheed Martin (NYSE: LMT) and GlobalFoundries (Nasdaq: GFS) (GF) today announced a strategic collaboration to advance U.S. semiconductor manufacturing and innovation and to increase the security, reliability and resiliency of domestic supply...

Jun 05, 2023 09:00 am ET

GlobalFoundries and STMicroelectronics Finalize Agreement for New 300mm Semiconductor Manufacturing Facility in France

GlobalFoundries Inc. (Nasdaq: GFS), a global leader in feature-rich semiconductor manufacturing, and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today...

May 30, 2023 08:35 am ET

U.S. Government Accredits GlobalFoundries to Manufacture Trusted Semiconductors at New York Facility

The U.S. Department of Defense (DoD), through the Defense Microelectronics Activity (DMEA), Trusted Access Program Office (TAPO), has accredited GlobalFoundries’ (Nasdaq: GFS) (GF) advanced manufacturing facility in Malta, New York, as a Category...

May 09, 2023 08:30 am ET

GlobalFoundries Announces Chief Financial Officer Transition and Names New Chief Business Officer

GlobalFoundries (NASDAQ: GFS) (GF) today announced the appointment of two new senior executives to its leadership team. Tim Stone has been appointed as the new Chief Financial Officer (CFO), taking over for David Reeder who will leave the company...

May 09, 2023 07:00 am ET

GlobalFoundries Reports First Quarter 2023 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2023. Key First Quarter Financial Highlights Revenue of $1,841 million.Gross margin of 28.0% and adjusted gross margin(1)...

Apr 19, 2023 09:31 am ET

GlobalFoundries Files Lawsuit Against IBM to Protect its Intellectual Property and Trade Secrets

GlobalFoundries (NASDAQ: GFS) (GF) today sued IBM for trade secret misappropriation. The complaint asserts the former semiconductor manufacturing company has unlawfully disclosed GF’s confidential IP and trade secrets, after IBM sold its...

Apr 11, 2023 08:50 am ET

GlobalFoundries Engineer Receives $50,000 Award for Groundbreaking Technology Advances in Inaugural GFX Prize Program

GlobalFoundries (Nasdaq: GFS) (GF) announced today the winner of its inaugural GFX Prize. This inaugural award recognizes a single groundbreaking invention from among our GF inventors worldwide. As part of this prestigious program, the GFX Prize...

Apr 04, 2023 08:46 am ET

GlobalFoundries Announces Conference Call to Review First Quarter 2023 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 9, 2023, at 8:30 a.m. ET following the release of the company’s first quarter 2023 financial results. Conference Call and Webcast Information The...

Mar 31, 2023 08:32 am ET

Georgia Tech and GlobalFoundries to Collaborate on Joint Semiconductor Research and Workforce Development

Georgia Institute of Technology, one of the top public research universities in the U.S., and GlobalFoundries (Nasdaq: GFS) (GF), one of the world’s leading semiconductor manufacturers, today announced a new partnership to expand collaboration on...

Feb 14, 2023 07:05 am ET

GlobalFoundries Reports Fourth Quarter and Fiscal Year 2022 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2022. Key Fourth Quarter Financial Highlights Revenue of $2,101 million, up 14% year-over-year.Gross...

Feb 09, 2023 11:30 am ET

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. Through this first-of-its-kind agreement, GF will...

Feb 09, 2023 10:30 am ET

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

MALTA, N.Y. and DETROIT, Feb. 9, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply. Through this first-of-its-kind agreement, GF will manufacture for GM's key chip suppliers at GF's advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

Feb 09, 2023 08:00 am ET

GlobalFoundries Acquires Renesas’ Non-Volatile Resistive RAM Technology to Proliferate IoT and 5G Applications

GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has acquired Renesas Electronics Corporation (Renesas)’s proprietary and production proven Conductive Bridging Random Access Memory (CBRAM) technology, a low power memory solution designed...

Jan 06, 2023 08:30 am ET

GlobalFoundries Announces Conference Call to Review Fourth Quarter and Full-Year 2022 Financial Results

GlobalFoundries (NASDAQ: GFS) (GF) today announced that it will host a conference call on Tuesday, February 14, 2023, at 8:30 a.m. ET following the release of the company’s fourth quarter and full-year 2022 financial results. Conference Call and...

Dec 09, 2022 08:00 pm ET

Annual Changes to the Nasdaq-100 Index

Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 19, 2022. The following six companies will be added to the...

Dec 07, 2022 03:15 pm ET

GlobalFoundries Named to Newsweek's "America's Most Responsible Companies 2023" List

MALTA, New York, Dec. 7, 2022 /PRNewswire/ -- GlobalFoundries (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, has been named to Newsweek's list of "America's Most Responsible Companies 2023." GF's inclusion on the list, which was announced today, is the latest recognition of the company's longstanding commitment to environmentally sustainable manufacturing and corporate responsibility.

Nov 23, 2022 07:30 am ET

Purdue University and GlobalFoundries Partner to Strengthen Research and Development, Semiconductor Education

Multifaceted collaboration to include joint R&D programs in partnership with Purdue students and faculty

Nov 21, 2022 07:27 am ET

GlobalFoundries Appoints New Head of Global Supply Chain

MALTA, N.Y., Nov. 21, 2022 /PRNewswire/ -- GlobalFoundries (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today announced the appointment of Ashlie Wallace as Senior Vice President of Global Supply Chain, effective November 28, 2022. In this role, Ms. Wallace will spearhead GF's global supply chain operations including logistics, supply planning, sourcing, and procurement to drive operational efficiency that will support the company's continued growth.

Nov 08, 2022 08:33 am ET

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Nov 08, 2022 07:00 am ET

GlobalFoundries Reports Third Quarter 2022 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the third quarter ended September 30, 2022. Key Third Quarter Financial Highlights Record revenue of $2.1 billion, up 22%...

Oct 17, 2022 10:30 am ET

$30 Million in Federal Funding to Advance Innovation and Production of Next-Generation GaN Chips at GlobalFoundries Fab in Vermont

A world leader in RF semiconductor manufacturing, GF's Vermont Fab moves closer to large-scale production of next-generation gallium nitride chips

Oct 03, 2022 08:00 am ET

GlobalFoundries Announces Conference Call to Review Third Quarter 2022 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 8, 2022 at 8:30 a.m. ET following the release of the company’s third quarter 2022 financial results. Conference Call and Webcast Information...

Sep 19, 2022 08:35 am ET

GlobalFoundries Joins the PHLX Semiconductor Sector Index (SOX)

MALTA, N.Y., Sept. 19, 2022 /PRNewswire/ -- GlobalFoundries (GF) (Nasdaq: GFS), a global leader in feature-rich semiconductor manufacturing, today announced that the company has been added to the PHLX Semiconductor Sector IndexSM (SOXSM), effective Monday, September 19, 2022.

Aug 25, 2022 04:30 pm ET

GlobalFoundries Names Pradheepa Raman as Chief People Officer

Experienced HR executive joins GF leadership team

Aug 11, 2022 08:30 am ET

GlobalFoundries Announces Participation in Upcoming Investor Conferences

GlobalFoundries (NASDAQ: GFS) today announced that it will participate in the following upcoming investor conferences. Thursday, September 1, 2022, 9:30am PT – Deutsche Bank 2022 Technology ConferenceThursday, September 8, 2022, 8:15am ET – Citi...

Aug 09, 2022 09:31 am ET

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NEW YORK, Aug. 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GFS, RL, XOM, GME, and NVDA.

Aug 09, 2022 05:00 am ET

GlobalFoundries Reports Second Quarter 2022 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the second quarter ended June 30, 2022. Key Second Quarter Financial Highlights Record revenue of $1.99 billion, up 23% year-over-year.Record gross...

Aug 08, 2022 08:30 am ET

GlobalFoundries and Qualcomm Announce Extension of Long-term Agreement to Secure U.S. Supply through 2028

Multi-billion dollar revenue agreement increases global supply capacity reservation to cover multiple technologies

Aug 08, 2022 08:00 am ET

GLOBALFOUNDRIES, APPLIED MATERIALS AND FORD TO CO-HOST CEO SUMMIT TO SECURE U.S. CHIP SUPPLY CHAIN

Business leaders and senior government officials to discuss new partnerships for U.S. technology leadership and collaboration on next steps following passage of CHIPS and Science Act

Jul 06, 2022 08:30 am ET

GlobalFoundries Announces Conference Call to Review Second Quarter 2022 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 9, 2022, at 8:30am ET following the release of its second quarter 2022 financial results. Conference Call and Webcast Information The company...

Jun 23, 2022 12:01 am ET

GlobalFoundries Celebrates New Singapore Fab with Arrival of First Tool

One year after breaking ground, GF celebrates key milestone on path to expanded semiconductor manufacturing capacity in Singapore

May 19, 2022 02:12 pm ET

GlobalFoundries Unveils GF Labs to Accelerate Technology Innovation

Program advances long-term technology roadmap and reinforces company's commitment to drive technology leadership of differentiated foundry solutions

May 11, 2022 08:00 am ET

GlobalFoundries Announces Participation in Upcoming Investor Conferences

GlobalFoundries (NASDAQ: GFS) today announced that it will participate in the following upcoming investor conferences. Tuesday, May 24, 2022, 10:10am ET – J.P. Morgan Global Technology, Media and Communications ConferenceMonday, June 6, 2022,...

May 10, 2022 04:01 pm ET

GlobalFoundries Reports First Quarter 2022 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2022. Key First Quarter Financial Highlights Record revenue of $1.94 billion, up 37% year-over-year.Record gross...

May 02, 2022 04:30 pm ET

U.S. Department of Defense and GlobalFoundries Partner to Secure Supply of Chips Critical to National Security Systems

Public-private partnership provides strategic supply of U.S.-made and secure semiconductors for the nation's most sensitive defense and aerospace applications, boosts supply of feature-rich chips for critical infrastructure commercial applications

Apr 22, 2022 08:30 am ET

GlobalFoundries Announces Expiration of the Hart-Scott-Rodino Waiting Period for Transfer of Ownership of East Fishkill, NY Facility to onsemi

MALTA, N.Y., April 22, 2022 /PRNewswire/ -- GlobalFoundries Inc. (Nasdaq: GFS) (GF) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), for onsemi's proposed acquisition of GF's East Fishkill, NY site and fabrication facilities announced in 2019.

Apr 05, 2022 08:30 am ET

GlobalFoundries Announces Conference Call to Review First Quarter 2022 Financial Results and First Capital Markets Day

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 10, 2022, at 4:30pm EDT following the release of its first quarter 2022 financial results after market close. Conference Call and Webcast Information...

Mar 07, 2022 07:30 am ET

GLOBALFOUNDRIES ANNOUNCES NEXT GENERATION IN SILICON PHOTONICS SOLUTIONS AND COLLABORATES WITH INDUSTRY LEADERS TO ADVANCE A NEW ERA OF MORE IN THE DATA CENTER

MALTA, N.Y., March 7, 2022 /PRNewswire/ -- GlobalFoundries Inc (Nasdaq: GFS) (GF) today announced it is collaborating with industry leaders including Broadcom, Cisco Systems, Inc, Marvell and NVIDIA, along with breakthrough photonic leaders including Ayar Labs, Lightmatter, PsiQuantum, Ranovus and Xanadu, to deliver innovative, unique, feature-rich solutions to solve some of the biggest challenges facing data centers today.

Mar 03, 2022 07:30 am ET

Microsoft Executive Bobby Yerramilli-Rao Joins GlobalFoundries Board of Directors

MALTA, N.Y., March 3, 2022 /PRNewswire/ -- GlobalFoundries Inc. (Nasdaq: GFS) (GF) today announced the appointment of Bobby Yerramilli-Rao as an independent director of the company's board of directors. Dr. Yerramilli-Rao is currently chief strategy officer and corporate vice president of corporate strategy at Microsoft, where he is responsible for developing and driving growth-oriented strategies.

Feb 09, 2022 08:31 am ET

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Feb 08, 2022 04:01 pm ET

GlobalFoundries Reports Fourth Quarter and Fiscal Year 2021 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2021. Key Fourth Quarter Financial Highlights Record revenue of $1.85 billion, up 9%...

Jan 05, 2022 09:00 am ET

GlobalFoundries Announces Conference Call to Review Fourth Quarter and Full Year 2021 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 8, 2022, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its fourth quarter and full year 2021 financial results after market...

Dec 23, 2021 04:38 pm ET

GlobalFoundries Announces Extension of AMD Wafer Supply Agreement to Guarantee Supply

MALTA, N.Y., Dec. 23, 2021 /PRNewswire/ -- GlobalFoundries Inc. (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today announced that it has agreed to amend its Wafer Supply Agreement (WSA) with AMD to increase the volume of chips GF will supply as well as extend the terms of the agreement to secure supply through 2025. The agreement also expands the breadth of the partnership, including supply assurance for AMD chips serving the datacenter, personal computing, embedded and other growth markets.

Nov 30, 2021 04:01 pm ET

GlobalFoundries Reports Third Quarter 2021 Financial Results

GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced financial results for the third quarter ended September 30, 2021. Key Third Quarter Financial Highlights Revenue of $1.7 billion, up 5% sequentially, reflecting ongoing demand for our...

Nov 18, 2021 07:30 am ET

GlobalFoundries, Ford to Address Auto Chip Supply and Meet Growing Demand

MALTA, N.Y. and DEARBORN, Mich., Nov. 18, 2021 /PRNewswire/ -- GlobalFoundries Inc. (Nasdaq: GFS) (Nasdaq: GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company (NYSE: F) today announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the U.S. automotive industry.

Nov 02, 2021 09:00 am ET

GlobalFoundries Announces Conference Call To Review Third Quarter Of Fiscal Year 2021 Financial Results

GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, November 30, 2021, at 4:30pm U.S. Eastern Standard Time (EST) following the release of its third quarter of fiscal year 2021 financial results after...

Nov 01, 2021 04:15 pm ET

GlobalFoundries Announces Closing of Initial Public Offering

MALTA, N.Y., Nov. 1, 2021 /PRNewswire/ -- GlobalFoundries® (Nasdaq: GFS) (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the closing of its initial public offering of 55,000,000 ordinary shares, 30,250,000 of which were offered by GF and 24,750,000 of which were offered by GF's existing shareholder, Mubadala Investment Company PJSC, at an initial public offering price of $47.00 per share. The shares are listed on the Nasdaq Global Select Market and trade under the ticker symbol "GFS."

Oct 27, 2021 08:21 pm ET

GlobalFoundries Announces Pricing of Initial Public Offering

MALTA, N.Y., Oct. 27, 2021 /PRNewswire/ -- GlobalFoundries® (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the pricing of its initial public offering of 55,000,000 ordinary shares, 30,250,000 of which are being offered by GF and 24,750,000 of which are being offered by GF's existing shareholder, Mubadala Investment Company PJSC, at an initial public offering price of $47.00 per share. In connection with the offering, Mubadala has granted the underwriters a 30-day option to purchase up to an additional 8,250,000 ordinary shares at the public offering price

Oct 19, 2021 06:55 am ET

GlobalFoundries Announces Launch of Initial Public Offering

MALTA, N.Y., Oct. 19, 2021 /PRNewswire/ -- GlobalFoundries® (GF®), a global leader in feature-rich semiconductor manufacturing, today announced the commencement of its initial public offering of 55,000,000 ordinary shares, 33,000,000 of which are being offered by GF and 22,000,000 of which are being offered by GF's existing shareholder, Mubadala Investment Company PJSC, pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission ("SEC"). The initial public offering price is currently expected to be between $42.00 and $47.00 per share. In connection

Oct 04, 2021 12:30 pm ET

GlobalFoundries Files Registration Statement for Proposed Initial Public Offering

MALTA, N.Y., Oct. 4, 2021 /PRNewswire/ -- GlobalFoundries® (GF®), a global leader in feature-rich semiconductor manufacturing, today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its ordinary shares. The number of ordinary shares to be offered and the price range for the proposed offering have not yet been determined. GF has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol "GFS."

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Globalfoundries Inc (OQ:GFS)

Business Focus: Semiconductor Machinery Manufacturing