GlobalFoundries

GLOBALFOUNDRIES, Inc. provides foundry services and manufactures semiconductors. It offers global shuttle, mask, post-fab and turnkey services. The company was founded in 2009 and is headquartered in Malta, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GlobalFoundries surpasses revenue targets, eyes growth amid industry challenges

GlobalFoundries delivered strong financial performance in Q4 2022, exceeding revenue guidance and improving margins, driven by growth across key end markets.
The company's focus on innovation, customer engagements, and cost-saving initiatives positions it well to navigate industry challenges and capitalize on growth opportunities.
Anticipated revenue trough in H1 2023 requires strategic planning, while investments in capacity expansion and operational efficiency enhance long-term prospects.
Revenue growth from single-source business and deep customer partnerships underscore financial resilience and potential for significant free cash flow generation.

GlobalFoundries (GFS) reports resilient Q1 results amidst semiconductor challenges

GlobalFoundries (GFS) navigated Q1 challenges with resilience, focusing on revenue diversification and strategic leadership additions.
Despite industry headwinds, the company remains positioned for growth through capacity expansion and differentiated product offerings.
Anticipated sequential revenue growth, cautious market outlook, and focus on key growth drivers signal a balanced approach to future opportunities.

GlobalFoundries exceeds Q2 expectations, eyes growth in automotive and A&D

GlobalFoundries delivered strong Q2 results, showcasing robust revenue, margin, and earnings performance.
The company's strategic collaborations, accreditations, and market focus position it well for future growth.
Challenges include revenue decline outlook for 2023 and the need to navigate varying ASP trends by end markets.
Opportunities lie in expanding revenue in automotive and A&D markets, leveraging government incentives, and maintaining pricing competitiveness.

GlobalFoundries exceeds Q3 expectations, eyes automotive growth opportunities

GlobalFoundries (GFS) delivered strong Q3 2023 results, exceeding revenue and EPS guidance, with a focus on key market progress and capacity expansion
Challenges include industry transitions impacting revenue growth and concerns over macroeconomic uncertainties and smart mobile devices market dynamics
Opportunities lie in the automotive sector beyond electrification, with a focus on autonomous and connected vehicles, alongside stable LTAs pricing
The company's performance, strengths, challenges, and opportunities position it for continued growth and resilience in the semiconductor industry

GlobalFoundries surpasses Q4 revenue targets, eyes growth amid challenges

GlobalFoundries (GFS) navigated challenges in 2023, exceeding revenue guidance and focusing on strategic partnerships. Caution for 2024 outlook due to market dynamics, but confidence in increased free cash flow delivery. Emphasis on differentiation, stable pricing, and capacity expansion positions GF for growth and resilience.

GlobalFoundries surpasses Q1 guidance, eyes automotive and mobile growth

GlobalFoundries delivered strong Q1 results, exceeding revenue guidance and showcasing resilience in challenging end markets.
The company's focus on LTAs, strategic capacity expansion, and market diversification positions it well for future growth and profitability.
Despite challenges in certain segments, opportunities in automotive, smart mobile devices, and IoT markets offer avenues for revenue expansion.
CHIPS Act funding and LTAs totaling $30 billion in lifetime revenue underscore GlobalFoundries' commitment to supply surety and market resilience.

GlobalFoundries surpasses Q2 expectations, eyes growth in diversified markets

GlobalFoundries delivered strong Q2 2024 results, exceeding guidance and showcasing solid financial performance.
Strategic investments, diversified revenue streams, and focus on differentiated technology highlight growth prospects.
Challenges in maintaining gross margin and navigating industry competition require strategic planning and operational efficiency.

GlobalFoundries excels in Q3 earnings, eyes growth in key markets

GlobalFoundries delivered a strong Q3 performance, surpassing financial targets and demonstrating resilience in a competitive semiconductor market.
With a focus on diversification, strategic partnerships, and market expansion, the company is well-positioned to capitalize on growth opportunities in key sectors.
Challenges in pricing dynamics and technology evolution require proactive strategies, but GlobalFoundries' strengths in operational efficiency and market positioning offer a solid foundation for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

GLOBALFOUNDRIES, Inc. provides foundry services and manufactures semiconductors. It offers global shuttle, mask, post-fab and turnkey services. The company was founded on October 7, 2008 and is headquartered in Malta, NY.

Ambarella

Microchip Technology

Universal Display

Impinj

The Nasdaq saw its biggest loss since February on Wednesday. The PHLX Semiconductor Index (Nasdaq: SOX) fell 4.13% in a single day.

5 Semiconductor Stocks Down Big Today: Impinj (PI), Microchip Technology (MCHP), Universal Display (OLED), GLOBALFOUNDRIES (GFS), Ambarella (AMBA)

In partnership with U.S. Government, GF's semiconductor manufacturing facility in Vermont continues to move closer to large-scale production of next-generation gallium nitride chips for use in aerospace and defense, cellular communications, industrial IoT and automobiles In partnership with U.S. Government, GF's semiconductor manufacturing facility in Vermont continues to move closer to large-scale production of next-generation gallium nitride chips for use in aerospace and defense, cellular communications, industrial IoT and automobiles

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

Annual event for aerospace and defense industry showcases necessity, value of Trusted chip manufacturing Annual event for aerospace and defense industry showcases necessity, value of Trusted chip manufacturing

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

Airbnb

Amgen

Global Foundries could benefit from AI-driven demand for chips. Amgen has some weight-loss drugs in the pipeline that could boost the bottom line.

Should You Still Buy the Nasdaq's Best-Performing September Stocks?

MALTA, N.Y., Oct. 02, 2023 (GLOBE NEWSWIRE) -- 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.

GlobalFoundries Announces Conference Call to Review Third Quarter 2023 Financial Results

GlobalFoundries is manufacturing more of the world's critical chips, gaining significance with U.S.-China tension and big deals like one with General Motors

How GlobalFoundries aims to remain world's third-biggest semiconductor foundry

Widely deployed non-volatile memory (NVM) solution is optimized for microcontrollers, smartcards, and IoT chips Widely deployed non-volatile memory (NVM) solution is optimized for microcontrollers, smartcards, and IoT chips

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

New Features, Temperature-Resilient Capabilities Meet Growing Demands in IoT and Automotive Industries New Features, Temperature-Resilient Capabilities Meet Growing Demands in IoT and Automotive Industries

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

Munich Event Highlights Technology Advancements and Unveils Essential Chips Roadmap Munich Event Highlights Technology Advancements and Unveils Essential Chips Roadmap

Industry Leaders Gather in Europe for GF Technology Summit 2023

GlobalFoundries (GF) said it has submitted two applications to the US Department of Commerce for funding under the US CHIPS and Science Act Funding program. The semiconductor maker noted in a statement that it is a longstanding partner to the US government and the leading supplier of securely manufactured essential chips for the US aerospace and defense industry.

GlobalFoundries submits applications for CHIPS funding

Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities.

Chipmaker GlobalFoundries seeks funding under CHIPS Act

GF seeking funding to support capacity expansion and modernization of its U.S. fabs GF seeking funding to support capacity expansion and modernization of its U.S. fabs

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

With $3.1 billion spending ceiling, new 10-year contract provides U.S. Dept. of Defense an assured supply of securely manufactured semiconductors for use in the nation's most sensitive applications With $3.1 billion spending ceiling, new 10-year contract provides U.S. Dept. of Defense an assured supply of securely manufactured semiconductors for use in the nation's most sensitive applications

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

GlobalFoundries (GFS), the world's third-largest chipmaker, opened a $4 billion fabrication plant in Singapore to expand capacity in anticipation of a rise in demand for semiconductor chips.

GlobalFoundries Opens $4B Chip Plant in Singapore to Expand Capacity

The world's third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expansion to help ease an industry supply crunch.

US chip giant GlobalFoundries opens $4 bn Singapore plant

GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.

GlobalFoundries opens $4 billion Singapore expansion fab to meet 'demand for essential semiconductor chips'

GFS has not done so well recently, but there is a case to be made that GFS is worth considering at this point. A lot is expected from GFS in the coming years when it comes to growth, but whether it will deliver remains up in the air. The foundry market has been worse than expected, which some might cite as reason why one should be careful with foundries.

GlobalFoundries Is Back To Square One

Legacy tech stocks, including Intel, AMD, and Micron, rallied last week, while Nvidia dipped. GlobalFoundries, the fourth largest outsourced semiconductor manufacturer, is downgraded from a buy to a hold. GFS's lackluster performance, lower guidance, and weak valuation conditions contributed to the downgrade.

GlobalFoundries: Unimpressive Earnings Outlook, Price Action Remains Neutral (Rating Downgrade)

Builds on 8SW for Reduced Power, Improved Efficiency, and Better Performance Enabling Stronger Connections Builds on 8SW for Reduced Power, Improved Efficiency, and Better Performance Enabling Stronger Connections

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

New solutions support demand for improved power performance and efficiency, safety and connectivity New solutions support demand for improved power performance and efficiency, safety and connectivity

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

LAGUNA HILLS, Calif.--(BUSINESS WIRE)--BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries.

BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries

Spotlight on Power Management, RF Connectivity, Intelligent and Secure Solutions Spotlight on Power Management, RF Connectivity, Intelligent and Secure Solutions

GlobalFoundries Unveils Key Innovations at Technology Summit 2023

Contract chip manufacturer GlobalFoundries posted a solid second quarter, but noted that it continues to be hurt by “cyclical headwinds.”

GlobalFoundries Stock Is Slipping. Light Guidance Outweighed Strong Earnings.

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.58 per share a year ago.

GlobalFoundries Inc. (GFS) Surpasses Q2 Earnings and Revenue Estimates

MALTA, New York, Aug. 08, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the second quarter ended June 30, 2023.

News for GlobalFoundries Stock (GFS)