Previous 10 | Next 10 |
2023-05-24 06:15:00 ET GlobalFoundries (NASDAQ: GFS) projects to be free-cash-flow positive this year, even with a semiconductor recovery happening slower than previously anticipated. Want to learn more about what GlobalFoundries' earnings revealed about the semiconductor mark...
2023-05-15 14:36:33 ET Micron Technology ( NASDAQ: MU ) led S&P 500 semiconductor stocks higher on Monday after Citi reiterated it is one of the firm's favorite chip stocks to own once the current downturn ends. In a note to clients, Citi analyst Christopher Danely said ...
2023-05-15 08:16:48 ET Investment firm Citi said on Monday that Analog Devices ( NASDAQ: ADI ) is still its top stock in the semiconductor industry as earnings season showed the sector still has a way to go. Analyst Christopher Danely noted there has been a trend of "negative" e...
2023-05-11 13:15:10 ET Micron Technology ( NASDAQ: MU ) shares bucked the trend on Thursday as semiconductor stocks were largely in the red at mid-day amid a light trading day. Micron ( MU ) shares rose 2.5% just after 1 p.m. EST, as just over 9M shares changed hands. Fo...
2023-05-09 09:09:14 ET GlobalFoundries ( NASDAQ: GFS ) appoints Tim Stone as the new CFO, taking over for David Reeder who will leave the company after transitioning to Stone over the coming months, and Niels Anderskouv will join as the new Chief Busin...
2023-05-09 09:08:54 ET GlobalFoundries ( NASDAQ: GFS ) shares fell around 2% in pre-market trading on Tuesday as the semiconductor foundry reported first-quarter results and announced a change to its finance chief. For the period ending March 31, GlobalFoundries ( GFS ...
MALTA, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) (GF) today announced the appointment of two new senior executives to its leadership team. Tim Stone has been appointed as the new Chief Financial Officer (CFO), taking over for David Reeder who will leave the company afte...
2023-05-09 07:08:04 ET GLOBALFOUNDRIES press release ( NASDAQ: GFS ): Q1 Non-GAAP EPS of $0.52 beats by $0.03 . Revenue of $1.84B (-5.2% Y/Y) beats by $10M . Gross margin of 28.0% and adjusted gross margin of 28.5%. Operating margin of 15.8% and adjust...
MALTA, N.Y., May 09, 2023 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2023. Key First Quarter Financial Highlights Revenue of $1,841 million. Gross margin of 28.0% and adjusted ...
2023-05-08 11:58:40 ET GLOBALFOUNDRIES ( NASDAQ: GFS ) is scheduled to announce Q1 earnings results on Tuesday, May 9th, before market open. The consensus EPS Estimate is $0.49 (+16.7% Y/Y) and the consensus Revenue Estimate is $1.83B (-5.7% Y/Y). Over the last 1 year,...
News, Short Squeeze, Breakout and More Instantly...
2024-07-17 14:11:54 ET Semiconductor stocks are having a rough time of things Wednesday, with shares of giants such as Taiwan Semiconductor Manufacturing (NYSE: TSM) falling more than 7% on worries of additional U.S. government interference with the chip market. One semicond...
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...