Globalfoundries Inc. Stock Price, News & Analysis

GlobalFoundries (Nasdaq: GFS) has announced an expanded partnership with Apple to advance semiconductor technologies and strengthen U.S. manufacturing capabilities. The collaboration focuses on manufacturing wireless connectivity technologies and power management solutions for AI-enabled devices at GF's Malta, New York facility.

This agreement builds upon GF's recently announced $16 billion investment plan to expand semiconductor manufacturing across New York and Vermont facilities. The partnership aligns with Apple's $600 billion American Manufacturing Program commitment over the next four years and supports the administration's goals for domestic semiconductor production and AI leadership.

GlobalFoundries (Nasdaq: GFS) reported strong Q2 2025 financial results, with revenue reaching $1.688 billion and net income of $228 million. The company achieved a gross margin of 24.2% and diluted EPS of $0.41. Key performance metrics showed improvement, with operating margin expanding to 11.6% and wafer shipments increasing by 12% year-over-year.

The company highlighted significant strategic developments, including becoming Continental's exclusive manufacturing partner for automotive electronics, announcing the acquisition of MIPS to enhance its AI and processor IP portfolio, and advancing its China strategy through a partnership with a local foundry. For Q3 2025, GF guides revenue of $1.675 billion ±$25 million with a Non-IFRS gross margin of 25.5% ±100bps.

GlobalFoundries (Nasdaq: GFS) has announced a definitive agreement to acquire MIPS, a leading AI and processor IP supplier. The strategic acquisition will enhance GF's portfolio with RISC-V processor IP and software tools focused on real-time computing applications.

The deal aims to strengthen GF's position in autonomous mobility, industrial automation, datacenter, and intelligent edge markets. MIPS recently launched its Atlas portfolio, featuring compute cores for real-time processing and specialized AI edge processing, along with the Atlas Explorer virtual platform for optimization.

Post-acquisition, MIPS will operate as a standalone business within GF. The transaction is expected to close in H2 2025, subject to regulatory approvals.

GlobalFoundries (NASDAQ: GFS), a leading semiconductor manufacturer, has scheduled its second quarter 2025 financial results conference call for Tuesday, August 5, 2025, at 8:30 a.m. ET. The company will release its Q2 2025 financial results prior to the call.

Interested participants can join the conference call by registering through the provided link. The financial results and conference call webcast will be accessible via GlobalFoundries' Investor Relations website at investors.gf.com.

GlobalFoundries (GFS) has announced a massive $16 billion investment to expand semiconductor manufacturing in New York and Vermont facilities. The investment, supported by major tech companies like Apple, SpaceX, AMD, Qualcomm, NXP, and GM, focuses on AI-enabling and power-efficient technologies. The plan includes $13 billion for facility expansion and modernization, plus $3 billion for R&D in packaging innovation, silicon photonics, and GaN technologies. This strategic move responds to growing AI demand and aims to strengthen U.S. semiconductor leadership. The company's expansion includes the first U.S.-based facility dedicated to silicon photonics packaging, with technologies focusing on power efficiency and high-bandwidth performance for datacenters, communications infrastructure, and AI-enabled devices.

GlobalFoundries (GFS) has signed a Memorandum of Understanding (MOU) with Singapore's A*STAR to enhance its advanced packaging capabilities. The collaboration provides GF access to A*STAR's R&D facilities and technical support, while GF will supply critical equipment to A*STAR.

The partnership aims to accelerate GF's development of advanced packaging solutions at its Singapore facility, focusing on meeting growing demand for AI and data-intensive applications. The collaboration includes workforce development initiatives to enhance GF employees' expertise in advanced packaging.

This MOU follows GF's January announcement of a new Advanced Packaging and Photonics Center in New York, demonstrating the company's strategic focus on expanding its advanced packaging capabilities across regions.

GlobalFoundries (GFS) reported Q1 2025 financial results with revenue of $1.585 billion and net income of $211 million. The company achieved a gross margin of 22.4% and diluted EPS of $0.38. Key performance metrics included operating margin of 9.5% and Non-IFRS adjusted EBITDA of $558 million. The company maintained a strong cash position of $3.7 billion. Year-over-year growth was seen in Automotive, Communications Infrastructure and Datacenter, and Home and Industrial IoT markets. Notable partnerships include collaborations with indie Semiconductor for automotive radar systems, Ayar Labs for optical interconnect chiplets, and Bosch for next-generation radar sensors. For Q2 2025, GF guides revenue of $1.675 billion (±$25M) with expected gross margin of 24.1% (±100bps) and diluted EPS of $0.27 (±$0.06).

GlobalFoundries (GFS) has announced an acceleration of its greenhouse gas (GHG) emission reduction goals, committing to a 42% reduction by 2030 from 2021 levels, up from its previous target of 25%. This enhanced commitment aligns with the Science Based Target Initiative (SBTi) standards and supports sustainability partnerships with Apple and Infineon Technologies AG.

The company plans to achieve this target through energy efficiency improvements, emissions controls, alternative chemistries, and lower-carbon power implementation across its facilities in the U.S., Germany, and Singapore. GF is particularly focused on reducing fluorinated GHG emissions in collaboration with Apple. The company maintains its long-term objectives of achieving net-zero GHG emissions and 100% carbon-neutral power by 2050.

GlobalFoundries (NASDAQ: GFS) has announced it will host a conference call on Tuesday, May 6, 2025, at 8:30 a.m. ET to discuss its first quarter 2025 financial results. The conference call will be accessible to interested parties through registration, and both financial results and a webcast will be available on the company's Investor Relations website.

GlobalFoundries is a leading semiconductor manufacturer specializing in essential chips for various high-growth markets including:

• Automotive
• Smart mobile devices
• Internet of Things (IoT)
• Communications infrastructure

The company maintains a global manufacturing presence across the U.S., Europe, and Asia, focusing on power-efficient, high-performance products.