GlobalFoundries Aktie News

MALTA, N.Y., May 22, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (“GlobalFoundries” or “GF”) (Nasdaq: GFS), today announced the pricing of a secondary public offering of $950 million of its ordinary shares at a price to the public of $50.75 per share (including a $200 million share repurchase, as described below). All of the shares in the offering are being offered by Mubadala Technology Inve...

MALTA, N.Y., May 22, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (“GlobalFoundries” or “GF”) (Nasdaq: GFS) today announced the launch of a secondary public offering of $950 million of its ordinary shares (including a $200 million share repurchase, as described below). All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The...

Effort aims to develop the next generation of diverse semiconductor talent, accelerate R&D and strengthen collaboration between industry and academia Effort aims to develop the next generation of diverse semiconductor talent, accelerate R&D and strengthen collaboration between industry and academia

While the innovation ecosystem has rightfully commanded much of the attention on Wall Street, investors may want to consider profitable tech stocks. As circumstances become more challenging, it's the substantive enterprises that may last for the long haul.

Tech stocks lost ground in intraday trading Tuesday, with the S&P 500 Information Technology Sector Index 0.5% lower as of 2:30 p.m. ET, while the broader S&P 500 was little changed and the tech-heavy Nasdaq lost 0.2%.

GLOBALFOUNDRIES Inc. (NASDAQ:GFS ) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Sam Franklin - Vice President of Business Finance & Investor Relations Thomas Caulfield - Chief Executive Officer John Hollister - Chief Financial Officer Niels Anderskouv - Chief Business Officer Conference Call Participants Vivek Arya - Bank of America Securities Chris Caso - Wolfe ...

Shares of semiconductor maker GlobalFoundries (GFS) jumped after markets opened Tuesday following the release of a first-quarter earnings report that beat expectations.

Contract chipmaker GlobalFoundries beat estimates for the first quarter and offered in-line to better-than-expected guidance for the current period.