GFS News and Press, GlobalFoundries Inc.

MALTA, N.Y., July 08, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, August 6, 2024, at 8:30 a.m. ET following the release of the company’s second quarter 2024 financial results. Conference Call and Webcast I...

MALTA, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced that it has acquired Tagore Technology’s proprietary and production proven Power Gallium Nitride (GaN) IP portfolio, a high-power density solution designed to push the boundaries of efficiency...

2024-06-30 08:58:16 ET Summary The current US economic landscape is unique. Many varying economic forces, making an ideal soft landing a matter of when. VGT has a unique portfolio concentrated enough to reap long-term benefits of technological development, but also account for vol...

2024-06-25 20:01:51 ET Summary GlobalFoundries Inc. is facing challenges with inventory destocking and running at 70% capacity, risking overbuilding with a new foundry. GlobalFoundries may face growth challenges in the next two years due to macroeconomic environment deterioration ...

2024-06-24 13:16:36 ET Summary Intel is rapidly transforming into a top U.S. foundry company to manufacture high-end semiconductors, with government funding support. Intel's new business setup and reinvestment effort could support significant sales/income growth into 2029. Wit...

2024-06-22 05:13:55 ET Summary Short interest in GFS is higher than most, especially in the foundry space, and there appears to be several reasons why. The foundry market is still facing soft demand, except in some areas, but GFS seems to be having a tougher time than other foundr...

2024-06-20 23:20:48 ET Summary GlobalFoundries reported their 1Q24 with better than expected net income, but the headwind from the industry slowdown continues to show up. GlobalFoundries reported lower smart mobile device revenue, with inventory levels increasing and weak end-dema...

MALTA, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- BAE Systems (LON: BA) and GlobalFoundries (Nasdaq: GFS) (GF) today announced a new collaboration to strengthen the supply of critical semiconductors for national security programs. Under the strategic agreement, the companies will align technology ro...

2024-06-20 06:56:05 ET More on Wolfspeed Wolfspeed: Not So Bad Wolfspeed: Anything But Speed Of Progress Wolfspeed, Inc. (WOLF) Q3 2024 Earnings Call Transcript Confluent tops as Hazeltree's most shorted mid-cap stock in May, followed by Dayforce, Wolfspeed ...

MALTA, N.Y., June 18, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries announced today a commitment to the U.S. Department of Commerce's CHIPS Women in Construction Framework, a set of five best practices intended to increase representation of women and economically disadvantaged individuals in the const...