Stock Taper 
GLOBALFOUNDRIES Inc. is a global semiconductor foundry, manufacturing integrated circuits like microprocessors, mobile processors, and RF devices, providing wafer fabrication services since 2009, based in Malta, New York.
A 22nm FD-SOI semiconductor process offering high performance, low power, and cost efficiency for automotive, IoT, and mobile markets, enhanced by recent multi-billion dollar partnerships and advanced features like embedded MRAM and RRAM.
In a surprising market reaction, GLOBALFOUNDRIES' stock fell over 10% in pre-market trading after the company announced its second-quarter 2025 financial results. The company exceeded analyst expectations, with revenue of $1.69 billion and an EPS of $0.42, and also announced a definitive agreement to acquire MIPS, a supplier of AI and processor IP. This divergence between strong financial performance and negative investor sentiment put the company in the spotlight, sparking discussions about future guidance and the perceived value of the MIPS acquisition.
In a major strategic move to bolster domestic supply chains and capitalize on the explosive growth of Artificial Intelligence, GLOBALFOUNDRIES announced a $16 billion investment to expand its semiconductor manufacturing and advanced packaging capabilities in New York and Vermont. This decision represents a fundamental shift in the company's capital allocation towards onshore production and next-generation technologies.
MALTA, N.Y., Sept. 30, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Wednesday, November 4, 2026, at 8:30 a.m. ET following the release of the company's third quarter 2026 financial results.
Overall rating: B-
| PEER | PRICE | |
|---|---|---|
 COHR | $337.04 | COMPARE |
 UMC | $26.27 | COMPARE |
 STM | $57.26 | COMPARE |
 ON | $84.89 | COMPARE |
 MTSI | $321.60 | COMPARE |
 NTNX | $72.29 | COMPARE |
 CDW | $133.29 | COMPARE |
 GIB | $70.19 | COMPARE |
