GFS Chart

1 Month

	Date	Diff
	2025-04-23	+4.42 %
GlobalFoundries (GFS) stock rose 4.42% after IBM reported better-than-expected earnings and settled its lawsuits with GFS, reflecting positive market sentiment and strategic partnerships in the tech industry.
	2025-04-14	+0.99 %
GlobalFoundries (GFS) stock rose 0.99% after receiving mixed ratings from research firms, including Citigroup lowering its price target, while other firms like Wedbush maintained an "outperform" rating with a higher target price, reflecting a general consensus of "Moderate Buy" amongst analysts. The rise in GFS stock can be attributed to the mixed but mostly optimistic outlook from various research firms, including upgrades and positive ratings, despite Citigroup's target decrease. GlobalFoundries (GFS) stock rose by 0.99% due to a favorable consensus price target indicating significant potential upside compared to NVE, coupled with stronger analyst ratings and strategic positioning in the semiconductor industry. GlobalFoundries (NASDAQ:GFS) stock increased by 0.99% likely due to institutional investment activity and positive analyst ratings, despite recent sell-offs by some investors and a mixed earnings report.
	2025-04-10	-6.55 %
GlobalFoundries (NASDAQ:GFS) stock fell by 6.55% due to disappointing quarterly earnings results that missed analysts' expectations and ongoing volatility in investor sentiment regarding the company's performance.
	2025-04-07	+2.12 %
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) saw a 2.12% increase in its stock value mainly due to strong revenue growth from the automotive sector and exceeded earnings guidance, positioning it favorably among high-risk stocks that billionaire investors are targeting amidst market volatility. GlobalFoundries (GFS) stock rose by 2.12% as it is considered one of the best high-risk stocks to buy according to billionaire investors, indicating positive sentiment among market participants.
	2025-04-04	-8.23 %
GlobalFoundries (GFS) stock fell by 8.23% due to the unexpected announcement of high tariffs by Trump, which negatively impacted tech stocks and raised concerns about a potential recession and increased costs for the technology sector. GlobalFoundries (GFS) stock fell by 8.23% due to surprising high tariffs imposed by Trump, which negatively impacted tech stocks and raised concerns about a potential recession, leading investors to react pessimistically across the market.
	2025-04-01	-2.52 %
GlobalFoundries (GFS) stock fell by 2.52% last night, possibly due to broader market fluctuations spurred by concerns over President Trump's new tariff agenda and investor sentiment shifting towards other semiconductor companies, particularly in light of a potential merger between United Microelectronics Corp. and GlobalFoundries.
	2025-03-11	-6.28 %
GlobalFoundries (GFS) stock fell by 6.28% following a disappointing earnings report that revealed it missed earnings estimates, coupled with analysts lowering target prices and ratings on the stock. GlobalFoundries (GFS) stock fell by 6.28% after the company reported an earnings miss for the previous quarter, with EPS of $0.38 compared to the consensus estimate of $0.45, coupled with a downgrade in target price by analysts affecting investor sentiment.
	2025-03-06	+0.39 %
GlobalFoundries Inc. (NASDAQ:GFS) saw a slight increase of 0.39% in its stock value, supported by a consensus recommendation of "Moderate Buy" from analysts and recent interest from institutional investors, despite a recent earnings report that missed estimates. The stock's rise can be attributed to positive analyst ratings, increased institutional buying, and a generally favorable outlook despite missing earnings expectations.
	2025-03-04	+1.87 %
GlobalFoundries (GFS) stock increased by 1.87% due to a strategic collaboration with indie Semiconductor to accelerate the adoption of automotive radar technologies, signaling positive growth prospects for the company.
	2025-02-25	-2.12 %
GlobalFoundries (GFS) stock went down by 2.12% likely due to heightened competition in the semiconductor market, particularly from companies like Nvidia and newer entrants in AI chip production, which have been pressuring prices and market dynamics.
	2025-02-18	+6.6 %
GlobalFoundries (GFS) stock rose by 6.6% following analysts' reports, including a downgrade in Q1 2025 earnings estimates by Wedbush, but the stock still maintains a positive outlook with a target price of $60 and several buy ratings from other analysts, suggesting investors are optimistic about the company's future earnings potential despite recent earnings misses. The increase is likely due to the market's belief in GlobalFoundries' long-term growth prospects and institutional interest in the stock.
	2025-02-14	+0.79 %
GlobalFoundries Inc. (NASDAQ:GFS) saw a 0.79% increase in its stock value, supported by a consensus rating of "Moderate Buy" from analysts, with recent hedge fund activity and a mix of buy and hold ratings from various brokerages contributing to positive investor sentiment despite missing quarterly earnings estimates. GlobalFoundries (GFS) stock rose by 0.79% following Applied Materials' strong fiscal first-quarter results that surpassed earnings and revenue expectations, despite offering disappointing guidance due to trade restrictions impacting exports to China, which affects the semiconductor industry's outlook positively for GFS as a key player in the sector. GlobalFoundries (GFS) stock saw a 0.79% increase due to a positive market reaction following mixed earnings results, indicating resilience in the semiconductor industry amid ongoing challenges. GlobalFoundries Inc. (NASDAQ:GFS) stock rose 7.4% after Morgan Stanley raised its price target for the company from $40.00 to $42.00, reflecting positive investor sentiment despite the company reporting lower-than-expected earnings. GlobalFoundries (GFS) stock rose by 0.79%, influenced by positive analyst ratings that categorize it as a "Moderate Buy," likely reflecting investor confidence and institutional interest in the company's performance and future potential.
	2025-02-13	-1.68 %
GlobalFoundries Inc. (GFS) stock fell by 1.68% amid reports highlighting a power capacity shortage in the U.S. as it competes with China in artificial intelligence, which raises concerns about the energy demands necessary to support semiconductor production and AI advancements.
	2025-02-12	+8.6 %
GlobalFoundries (GFS) stock rose 8.6% following an upgrade from Needham analyst Quinn Bolton from Hold to Buy, with a price target of $50, despite a slight revenue decline reported for fiscal Q4 2024 that still exceeded analyst expectations.
	2025-02-11	+6.25 %
GlobalFoundries (GFS) stock rose by 6.25% last night, likely due to positive investor sentiment surrounding its performance and growth potential in the semiconductor sector amid increasing demand for chips in AI and tech industries.
	2025-02-10	-1.85 %
GlobalFoundries (GFS) stock fell by 1.85% due to lowered price targets from several research analysts ahead of its upcoming quarterly earnings report, indicating cautious sentiment about its financial performance. GlobalFoundries (GFS) stock fell by 1.85% as various analysts lowered their target prices and ratings for the company, signaling a more cautious outlook amidst mixed institutional investments and market conditions.
	2025-02-07	-0.39 %
GlobalFoundries (GFS) stock dropped by 0.39% following the announcement of a leadership change, with speculation that outgoing CEO Thomas Caulfield may be moving to potentially lead Intel, which has raised concerns among investors about the company's future direction and stability.
	2025-02-06	-4.88 %
GlobalFoundries' stock fell 4.88% after a microchip materials manufacturer, which counts the company as a client, slashed its sales outlook due to deteriorating conditions in the automotive and consumer markets.
	2025-02-05	+0.07 %
GlobalFoundries (GFS) stock saw a slight increase of 0.07%, likely driven by positive sentiment from institutional investments and favorable analyst ratings related to the tech sector, highlighting overall market trends rather than specifics to GlobalFoundries itself. The article primarily focuses on changes in institutional holdings of Alphabet Inc. (GOOG) and notes that its stock was slightly up 0.07% last night. The increase in GlobalFoundries (GFS) stock could be attributed to overall positive market sentiment and investor confidence in tech stocks, particularly amid recent solid earnings reports from major companies like Alphabet, which exceeded expectations and received favorable analyst ratings.
	2025-02-04	-2.05 %
GlobalFoundries (GFS) stock declined by 2.05% amid concerns over potential tariffs on semiconductor imports, particularly from China and Taiwan, which could complicate supply chains and increase costs for consumers.
	2025-02-03	-0.17 %
GlobalFoundries (GFS) stock decreased by 0.17%, influenced by recent downgrades in price targets and ratings from multiple equity research analysts, indicating concerns about the company's financial performance and market outlook.
	2025-01-27	-1.18 %
GlobalFoundries (GFS) stock was down by 1.18% following a series of reduced price targets and ratings from various equity research analysts, coupled with a decline in quarterly revenue compared to the prior year.
	2025-01-24
GlobalFoundries Inc. (GFS) stock was unchanged at 0.0% down, following lowered price targets and cautious ratings from several research analysts, including Cantor Fitzgerald's "Neutral" stance and reduced earnings per share forecast for FY2025. GlobalFoundries (GFS) stock remains unchanged at 0.0% down due to broader market influences, potentially including recent lowering of earnings estimates for related companies like Alphabet Inc., which may have affected investor sentiment.
	2025-01-22	-0.75 %
GlobalFoundries (GFS) stock fell by 0.75% amid ongoing uncertainties at Intel, including the search for a new CEO and strategic shifts within the company, which could potentially affect the semiconductor industry as a whole.
	2025-01-17	+5.3 %
GlobalFoundries (GFS) stock rose by 5.3% due to the impending disbursement of nearly $40 billion in semiconductor funding from the Biden administration, driven by the CHIPS Act, aimed at enhancing U.S. manufacturing competitiveness and attracting significant private investments in the semiconductor sector. GlobalFoundries (GFS) stock rose 5.3% despite a downgrade in Q1 2025 earnings estimates by Wedbush, likely due to ongoing investor interest and potential positive market sentiment around the company's fundamentals and performance.
	2025-01-07	-0.55 %
GlobalFoundries (GFS) stock decreased by 0.55% largely due to Principal Financial Group Inc. reducing its stake in the company by 11.1%, alongside other institutional investors adjusting their positions, which may indicate a lack of confidence in the stock amid recently mixed financial results and downgrades from several analysts.
	2025-01-03	+1.65 %
GlobalFoundries (GFS) stock increased by 2.61% following the settlement of a long-standing legal battle with IBM over contract breaches, trade secret theft, and intellectual property violations, which is seen as a positive resolution enabling both companies to focus on future innovations in the semiconductor industry.
	2024-12-24	+1.39 %
GlobalFoundries Inc. (NASDAQ:GFS) shares saw a 1.39% increase in value, reflecting a consensus "Hold" rating from analysts and various investment activities suggesting positive sentiment despite recent projected price adjustments. The stock's rise may be attributed to stronger-than-expected quarterly earnings results, including earnings per share surpassing analyst estimates and stable revenue figures amid market fluctuations.
	2024-12-19	-2.57 %
GlobalFoundries (NASDAQ:GFS) stock recently declined by 2.57% following a decrease in stake by the Public Employees Retirement System of Ohio and mixed analyst ratings, with several firms lowering their price targets for the stock amid a year-over-year revenue decline.
	2024-12-17	-0.16 %
GlobalFoundries Inc. (GFS) stock decreased by 0.16% due to an increase in short interest and lowered price targets from several analysts, reflecting negative sentiment among investors following a decline in year-over-year revenue.
	2024-12-12	+0.3 %
GlobalFoundries (GFS) stock rose by 0.3% likely due to investor optimism following Intel's moves towards separating its chip manufacturing and design divisions, which may position GlobalFoundries favorably as a standalone foundry in a sector increasingly focused on specialization.
	2024-12-10	-1.87 %
GlobalFoundries (GFS) stock fell by -1.87% amid ongoing concerns regarding Intel's future strategy, particularly its struggles to maintain competitiveness in the semiconductor industry, and the uncertainty surrounding the potential spinoff of its foundry business, which has been plagued by revenue losses and operational challenges. The stock decline can be attributed to broader anxieties about Intel's leadership transition and its ability to effectively navigate the highly competitive semiconductor market, especially in light of a $7 billion operating loss in 2023 and a shift in focus away from manufacturing.
	2024-12-04	-0.56 %
GlobalFoundries (GFS) stock fell by 0.56% amidst mixed investor sentiment and recent analyst downgrades, despite reporting earnings that beat expectations but reflected a decline in year-over-year revenue. GlobalFoundries (GFS) stock fell by 0.56% despite the company securing an additional $9.5 million in federal funding for advancing Gallium Nitride production, likely due to broader market trends or investor sentiment rather than the specific funding news.
	2024-12-03	-1.09 %
GlobalFoundries (GFS) stock dropped by 1.09% in response to the turmoil surrounding Intel, particularly following CEO Pat Gelsinger's abrupt departure, which raised investor concerns about Intel's future capabilities and overall stability in the semiconductor industry, potentially impacting broader market sentiment towards chip manufacturers.
	2024-11-20	-1.7 %
GlobalFoundries Inc. (GFS) stock fell by 1.7% despite receiving a substantial award of up to $1.5 billion from the U.S. Department of Commerce under the CHIPS and Science Act, possibly due to investor sentiment or broader market conditions that overshadowed the positive announcement.
	2024-11-13	+0.76 %
The article discusses a recent $18.2 million government subsidy to Akash Systems for advanced semiconductor manufacturing, which is part of a broader initiative through the $52.7 billion semiconductor program aimed at enhancing U.S. chip production and innovation. GlobalFoundries (GFS) stock likely rose due to positive sentiment surrounding increased government investment in semiconductor manufacturing, which may benefit the broader industry and companies like GlobalFoundries involved in the semiconductor supply chain.
	2024-11-11	-2.91 %
GlobalFoundries (GFS) stock fell by 2.91% as ongoing concerns about Intel's capability to regain its competitiveness in the semiconductor market are overshadowing the company's prospects in the industry, affecting sentiment towards related stocks like GFS.
	2024-11-08	-2.85 %
GlobalFoundries (GFS) stock experienced a -2.85% drop due to mixed earnings reports and general market uncertainty ahead of the looming presidential election, which may affect investor confidence.
	2024-11-05	+14.88 %
GlobalFoundries (GFS) stock rose 14.88% due to strong investor interest, likely influenced by positive developments in the semiconductor industry and broader market trends that favor technology and manufacturing sectors. GlobalFoundries Inc. (GFS) stock surged by 14.88% following the announcement of strong preliminary financial results for the third quarter of 2024, indicating robust performance and key design wins in chip technologies, along with an anticipated threefold increase in year-over-year adjusted free cash flow by the end of 2024.
	2024-11-01	+0.36 %
GlobalFoundries (GFS) stock saw a 0.36% increase last night, attributed to the overall surge in cloud spending driven by generative artificial intelligence, as evidenced by positive earnings from major tech companies like Amazon and Google, which indicates growing demand for semiconductor manufacturing and related services.
	2024-10-31	-4.25 %
GlobalFoundries (GFS) stock fell by 4.25% following a series of downgrades and price target reductions from various analysts, which indicated a more cautious outlook on the company's performance.
	2024-10-30	-6.39 %
GlobalFoundries (GFS) stock dropped -6.39% following the unexpected departure of IQE CEO Americo Lemos amidst the company's ongoing struggles in the turbulent semiconductor market, raising concerns about stability and performance. Globalfoundries (GFS) stock fell by 6.39% amid a broader decline in the stock market driven by weak earnings reports and persistent outflows of foreign funds.
	2024-10-29	+1.19 %
GlobalFoundries (NASDAQ:GFS) stock experienced a 1.19% increase despite Morgan Stanley downgrading its rating from overweight to equal weight and lowering its price target, with analysts providing mixed opinions on the company's future valuations but with several hedge funds increasing their holdings in the stock. The rise in the stock could be attributed to investor confidence following better-than-expected quarterly earnings and solid revenue that surpassed analyst expectations. GlobalFoundries (GFS) stock rose by 1.19% before the company is set to release its earnings data on November 5th, with expectations for earnings to meet or exceed prior forecasts, likely driving investor optimism.