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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...
2024-06-08 04:41:28 ET Summary UMC recently announced the latest dividend, which came as a pleasant surprise since it was higher than expected. The charts show the stock is close to a price level it has seen several times before, and buyers may want to take note of what happened n...
2024-06-05 14:19:01 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The return of Keith Gill, the trader commonly known as Roaring Kitty , has sparked a great deal of enthusiasm. All sorts of meme stocks and heavily shorted companies are seeing their sh...
SAN DIEGO and ESSEX JUNCTION, Vt., June 05, 2024 (GLOBE NEWSWIRE) -- ElevATE Semiconductor and GlobalFoundries (Nasdaq: GFS) (GF) today announced a manufacturing partnership for high-voltage chips produced at GF’s facility in Essex Junction, Vermont. Designed by ElevATE and manufactured at...
MALTA, N.Y., May 30, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) has been named to USA Today’s “America’s Climate Leaders 2024” list. GF’s inclusion on the list, announced today and viewable here , is the latest recognition of the company...
2024-05-23 11:43:56 ET More on semiconductors Nvidia Q1 Earnings: The Bears Are Wrong, This Is Not A Bubble Why I Am Still Buying Nvidia Stock Nvidia Q1: Flawless Execution From The King (Rating Upgrade) Nvidia stock smashes through $1,000 and swells in marke...
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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...