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1 minute read
  • Guidance
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GlobalFoundries Expects 2Q23 Net Revenue Of $1.81B-$1.85B Vs. $1.85B Estimate, And Adjusted EPS Of $0.46-$0.54 Vs. $0.48 Estimate

By Benzinga Newsdesk
May 9, 7:17 AM
Summary of Second Quarter 2023 Outlook (unaudited in millions USD, except per share amounts)(1) IFRS Share-based compensation Non-IFRS Adjusted Net

GFS

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29 minute read
  • Earnings

Earnings Scheduled For May 9, 2023

By Benzinga Insights
May 9, 6:03 AM
Companies Reporting Before The Bell • Kosmos Energy (NYSE:KOS) is expected to report quarterly earnings at $0.17 per share on revenue of $440.16 million.

ABNB

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1 minute read
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STMicroelectronics And GlobalFoundries Bag Approval For French Chip Factory

By Anusuya Lahiri
April 28, 8:38 AM
On Friday, chipmakers STMicroelectronics NV (NYSE:STM) and GlobalFoundries Inc (NASDAQ:GFS) won the EU approval to build a new chip factory with French state aid…

GFS

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2 minute read
  • Intraday Update
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Price Over Earnings Overview: GLOBALFOUNDRIES

By Benzinga Insights
April 26, 4:30 PM
Looking into the current session, GLOBALFOUNDRIES Inc. (NASDAQ:GFS) shares are trading at $58.25, after a 0.38% decrease. Over…

GFS

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2 minute read
  • Earnings
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GlobalFoundries Charges IBM For Leaking Trade Secrets To Partners Like Intel, Rapidus

By Anusuya Lahiri
April 20, 11:41 AM
On April 19, GlobalFoundries Inc (NASDAQ:GFS) prosecuted International Business Machines Corp (NYSE:IBM) for trade secret misappropriation.  IBM unlawfully disclosed GF’s confidential IP and…

GFS

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2 minute read
  • Legal
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GlobalFoundries Files Lawsuit Against IBM To Protect Its Intellectual Property And Trade Secrets

By Happy Mohamed
April 19, 9:33 AM
GlobalFoundries (NASDAQ:GFS) (GF) today sued IBM for trade secret misappropriation. The complaint asserts the former semiconductor manufacturing company has unlawfully disclosed GF's confidential IP and trade

GFS

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2 minute read
  • Intraday Update
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Price Over Earnings Overview: GLOBALFOUNDRIES

By Benzinga Insights
April 11, 1:15 PM
In the current session, the stock is trading at $67.91, after a 0.23% spike. Over the past month,…

GFS

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2 minute read
  • News

Georgia Tech And GlobalFoundries To Collaborate On Joint Semiconductor Research And Workforce Development

By Happy Mohamed
March 31, 8:39 AM
Georgia Institute of Technology, one of the top public research universities in the U.S., and GlobalFoundries (NASDAQ:GFS) (GF), one of the world's leading semiconductor manufacturers, today announced a new

GFS

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Susquehanna Maintains Positive on GLOBALFOUNDRIES, Raises Price Target to $84

By Benzinga Newsdesk
February 15, 10:42 AM
Susquehanna analyst Mehdi Hosseini maintains GLOBALFOUNDRIES (NASDAQ:GFS) with a Positive and raises the price target from $76 to $84.

GFS

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1 minute read
  • Analyst Ratings
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Credit Suisse Maintains Outperform on GLOBALFOUNDRIES, Raises Price Target to $85

By Benzinga Newsdesk
February 15, 8:50 AM
Credit Suisse analyst Chris Caso maintains GLOBALFOUNDRIES (NASDAQ:GFS) with a Outperform and raises the price target from $78 to $85.

GFS

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