26-Jun-2026
AI memory, chip stocks dip as global peers slump after report OpenAI mulling IPO delay to 2027
Seeking Alpha News (Fri, 26-Jun 10:53 AM ET)
AI memory, chip stocks fall as global peers slump after report OpenAI mulling IPO delay to 2027
Seeking Alpha News (Fri, 26-Jun 7:57 AM ET)
Micron leads AI stocks higher after stellar results, others mixed
Seeking Alpha News (Thu, 25-Jun 10:52 AM ET)
Micron leads AI memory stocks higher after stellar results but chip stocks mixed
Seeking Alpha News (Thu, 25-Jun 10:52 AM ET)
AI, chip stocks slowly recover after Tuesday's onslaught ahead of Micron's results
Seeking Alpha News (Wed, 24-Jun 11:52 AM ET)
Seeking Alpha News (Tue, 23-Jun 1:26 PM ET)
Quantinuum, Infleqtion lead quantum stock rally following Trump's executive orders
Seeking Alpha News (Tue, 23-Jun 11:07 AM ET)
AI memory, chip stocks slowly recover after initial onslaught; Wedbush sees sell-off an opportunity
Seeking Alpha News (Tue, 23-Jun 11:03 AM ET)
Biggest stock movers Tuesday: Quantum computing, chip stocks and more
Seeking Alpha News (Tue, 23-Jun 10:00 AM ET)
GlobalFoundries selects Infosys to provide AI-managed services across IT operations
Seeking Alpha News (Tue, 23-Jun 9:11 AM ET)
GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates, which remains its controlling shareholder today. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and has about 13,000 staff.
Globalfoundries - Ordinary Share trades on the NASDAQ stock market under the symbol GFS.
As of June 26, 2026, GFS stock price declined to $79.78 with 3,177,583 million shares trading.
GFS has a beta of 1.39, meaning it tends to be more sensitive to market movements. GFS has a correlation of 0.13 to the broad based SPY ETF.
GFS has a market cap of $43.80 billion. This is considered a Large Cap stock.
Last quarter Globalfoundries - Ordinary Share reported $2 billion in Revenue and $.40 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.06.
In the last 3 years, GFS traded as high as $92.55 and as low as $29.77.
The top ETF exchange traded funds that GFS belongs to (by Net Assets): JTEK, SOXQ, IWR, FXL, IWD.
GFS has outperformed the market in the last year with a return of +106.1%, while the SPY ETF gained +20.4%. In the last 3 month period, GFS beat the market returning +79.3%, while SPY returned +13.3%. However, in the most recent 2 weeks GFS has underperformed the stock market by returning -1.8%, while SPY returned -1.5%.
GFS support price is $82.08 and resistance is $90.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GFS shares will trade within this expected range on the day.