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.
GlobalFoundries Inc. (Nasdaq: GFS) generates a steady flow of news that reflects its role as a manufacturer of essential semiconductors for automotive, smart mobile devices, internet of things, and communications infrastructure and data center markets. This news page aggregates company announcements, industry collaborations, technology updates and financial disclosures related to GFS.
Readers can find updates on GlobalFoundries’ strategic moves in areas such as Physical AI, silicon photonics, GaN power technologies and processor IP. Recent releases include a definitive agreement to acquire Synopsys’ ARC Processor IP Solutions business, integration plans with MIPS for RISC-V and AI-focused platforms, and the acquisition of Advanced Micro Foundry in Singapore to expand silicon photonics capabilities for AI datacenters and communications.
The company also issues news on partnerships and customer engagements, such as BAE Systems using GF’s advanced FinFET technology for space applications, and technology licensing agreements like the GaN collaboration with TSMC to support datacenter, industrial and automotive power devices. In addition, GlobalFoundries regularly announces events for investors and analysts, including earnings conference calls, financial results and strategy webinars focused on Physical AI and high-growth applications.
By following this GFS news feed, investors and observers can track developments in GF’s global manufacturing footprint across the U.S., Europe and Asia, its end-market focus in automotive, IoT and communications, and its evolving roadmap in silicon photonics, GaN and RISC-V processor IP. This page offers a centralized view of GlobalFoundries’ public communications, from governance and leadership changes to technology milestones and capacity expansion plans.
GlobalFoundries (NASDAQ: GFS) will host a conference call on February 8, 2022, at 4:30 PM EST to discuss its fourth quarter and full year 2021 financial results. The call follows the release of the financial data after market close. Interested parties can join by dialing 1-877-788-0411 (U.S.) or 1-615-489-8522 (International) with the passcode 8285067. The conference call and a replay will be available on GF's Investor Relations website. GlobalFoundries is a major player in semiconductor manufacturing, offering a mix of design, development, and fabrication services.
GlobalFoundries (Nasdaq: GFS) has amended its Wafer Supply Agreement with AMD, increasing the volume of chips supplied and extending the agreement through 2025. This partnership will secure approximately $2.1 billion worth of wafers for AMD from 2022 to 2025, addressing the ongoing supply-demand imbalance in the semiconductor industry. CEO Tom Caulfield emphasized the importance of long-term supply assurance amid unprecedented global demand for semiconductors.
GlobalFoundries (GFS) announced strong Q3 2021 results, with revenue of $1.7 billion, a 5% sequential increase. Gross margins reached a record 17.6%, while adjusted EBITDA margins rose to 30%, marking an 84% year-over-year growth. Cash flows from operations totaled $1.1 billion. The company's robust performance was driven by higher wafer output and technological advancements. Looking ahead, GFS expects Q4 revenue between $1.8 billion and $1.83 billion, indicating continued growth.
GlobalFoundries (Nasdaq: GFS) and Ford (NYSE: F) announced a strategic partnership on Nov. 18, 2021, to enhance semiconductor manufacturing in the U.S. This collaboration seeks to improve chip supply for Ford's vehicles and the broader automotive industry. The companies signed a non-binding agreement that may lead to the development of advanced semiconductor solutions for automotive applications, including ADAS and battery management systems. The initiative aims to boost innovation and maintain supply-demand balance in the auto sector, emphasizing each company's strengths without cross-ownership.
GlobalFoundries (NASDAQ: GFS) will host a conference call on November 30, 2021, at 4:30 PM EST to discuss its third quarter financial results for fiscal year 2021. Following the market closure, the call will provide insights into the company’s performance and future outlook. Interested participants can join by calling 1-877-788-0411 (U.S.) or 1-615-489-8522 (International) with the passcode 5743266. The call will also be available via webcast on GF’s Investor Relations website, along with a replay accessible within 24 hours.
GlobalFoundries (Nasdaq: GFS) has successfully completed its initial public offering, closing with the sale of 55,000,000 ordinary shares priced at $47.00 each. Of these, 30,250,000 shares were offered by the company and 24,750,000 by Mubadala Investment Company. The shares are now listed on the Nasdaq Global Select Market under the ticker symbol "GFS." This IPO has been facilitated by major investment banks, and a registration statement was declared effective by the U.S. SEC on October 27, 2021. Forward-looking statements highlight potential risks and uncertainties in future performance.
GlobalFoundries (GF) has announced the pricing of its initial public offering (IPO) of 55,000,000 ordinary shares at $47.00 each. Of these, 30,250,000 shares are offered by GF, while 24,750,000 shares are from existing shareholder Mubadala Investment Company. The underwriters have a 30-day option to purchase an additional 8,250,000 shares. Trading on the Nasdaq under the symbol 'GFS' is set to begin on October 28, 2021, with the offering closing on November 1, 2021, subject to standard conditions.
GlobalFoundries (GF) has initiated its initial public offering (IPO) of 55,000,000 ordinary shares, priced between $42.00 and $47.00 per share. Of these shares, 33,000,000 are offered by GF and 22,000,000 by existing shareholder Mubadala Investment Company. Mubadala also plans to grant underwriters an option to buy an additional 8,250,000 shares. GF aims to list on the Nasdaq Global Select Market under the ticker symbol 'GFS'. Major investment banks are involved as book-running managers for the IPO.
GlobalFoundries has filed a registration statement on Form F-1 with the SEC for a proposed initial public offering (IPO) of its ordinary shares. The number of shares and price range are yet to be determined. The company aims to list its shares on the Nasdaq under the ticker symbol GFS. Leading banks such as Morgan Stanley, BofA Securities, and J.P. Morgan are involved as book-running managers. This IPO marks a significant step for GlobalFoundries, a key player in semiconductor manufacturing, enhancing its position in high-growth markets.