GlobalFoundries Stock Jumps As Quantum Bet Draws U.S. Billions
GlobalFoundries (GFS) stock surged by 9.58% following news of its new Quantum Technology Solutions business, which is set to receive a prospective $375 million award and a 1% equity stake from the U.S. Department of Commerce. This initiative, coupled with an additional $375 million in CHIPS Act funding, has led to significant price target increases from Susquehanna and Evercore ISI, linking GFS to growth in quantum, AI inference, and communications infrastructure. The company's strategic partnerships with major tech firms and investment in early-stage deep-tech through GF Accelerate position it as a key player in future AI and quantum hardware development.
GlobalFoundries gets $375 million in federal funding to expand manufacturing
GlobalFoundries is set to receive $375 million in federal funding to expand its manufacturing capabilities and create new jobs. The company, which produces advanced microchips in Vermont and New York, plans to use the money to scale up its Quantum Technology Solutions initiative. This investment aims to bolster domestic microchip production and foster economic growth in the affected regions.
GlobalFoundries launches Quantum Technology Solutions, US to take 1% stake in GF
GlobalFoundries (GF) has launched Quantum Technology Solutions to scale manufacturing capabilities for utility-scale quantum computing, supported by a new $375 million grant from the U.S. Department of Commerce CHIPS R&D Office. The U.S. government will also take approximately a 1% strategic equity stake in GF. This initiative leverages GF's existing U.S. manufacturing footprint and is expected to create new jobs, strengthening domestic manufacturing and American leadership in quantum technology.
Exclusive | U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes
The Trump administration is awarding $2 billion in grants to nine quantum-computing companies, including IBM and GlobalFoundries, and will take equity stakes in them. This initiative aims to accelerate the nascent quantum computing industry, which is seen as crucial for economic and national security. IBM is receiving $1 billion and will invest an additional $1 billion to establish a specialized quantum chip manufacturing facility.
GlobalFoundries Stock Rallies As AI And Dividends Redraw Outlook
GlobalFoundries (GFS) stock rallied by 12.92% following a strong Q1 earnings report, beating consensus estimates and providing optimistic Q2 guidance. The company also announced its first-ever quarterly dividend of $0.12 and a framework to return up to 50% of free cash flow, tying its future to AI and specialized semiconductor growth. Analysts have subsequently upgraded price targets, highlighting GFS as a key beneficiary of the expanding AI infrastructure market.
GlobalFoundries Launches Quantum Technology Solutions
GlobalFoundries (GF) has launched a new Quantum Technology Solutions business aimed at scaling quantum manufacturing capabilities for utility-scale quantum computing. This initiative is supported by a $375 million proposed funding from the U.S. Department of Commerce and will focus on producing key components for various qubit approaches. Leading quantum and technology firms like Diraq, PsiQuantum, Quantinuum, Google, Microsoft, and NVIDIA lauded the move, highlighting its potential to strengthen the U.S. manufacturing base for quantum computing.
IBM and GlobalFoundries get $1.4 billion for quantum computing
IBM and GlobalFoundries have been awarded a combined $1.375 billion in grants from the U.S. government for quantum computing development. IBM will receive $1 billion to establish a standalone quantum computing chip manufacturing facility called Anderon in Albany, while GlobalFoundries will receive $375 million. These funds, part of the CHIPS and Science Act, aim to make the Capital Region a hub for quantum computing and counter China's dominance in chip technology.
GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing
GlobalFoundries (GF) has launched Quantum Technology Solutions to scale the manufacturing capabilities for utility-scale quantum computing. This new business will leverage GF's existing U.S. manufacturing facilities and FDX™ platform to produce quantum processor units (QPUs) and cryogenic read-out and control ICs. The initiative is supported by a $375 million award from the U.S. Department of Commerce, which also includes a strategic equity investment in GF.
GlobalFoundries Advances Long-term Technology Innovation Through Investment in Playground Global
GlobalFoundries (GF) has announced an investment in Playground Global, a deep tech venture capital firm, to foster innovation and support disruptive semiconductor startups. This strategic partnership aims to accelerate the development of next-generation technologies crucial for GF's future product roadmap and expand its market reach. The collaboration will identify and nurture startups focusing on areas like AI, IoT, and advanced connectivity, leveraging GF's manufacturing expertise and Playground Global's investment acumen.
Chipmaker GlobalFoundries funds deep-tech startups behind future AI data centers
GlobalFoundries (NASDAQ: GFS) is investing in Playground Global Fund IV as a limited partner through its GF Accelerate venture program. This investment aims to deepen GF's engagement with early-stage deep tech startups focusing on compute, automation, energy, life sciences, AI data centers, and emerging Physical AI technologies. The partnership strategically aligns GF's manufacturing expertise with long-term capital to help founders bridge the gap between early innovation and manufacturability, scaling, and integration into semiconductor technologies for future AI infrastructure.
GLOBALFOUNDRIES (GFS) legal chief sells 500 shares under Rule 10b5-1 plan
GLOBALFOUNDRIES Inc.'s Chief Legal Officer, Azar Samak L, reported an open-market sale of 500 Ordinary Shares at $74.82 per share. This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan. Following the sale, Azar Samak L directly holds 15,494 shares.
How Investors Are Reacting To GLOBALFOUNDRIES (GFS) First Dividend And AI Photonics Push
GLOBALFOUNDRIES (GFS) has announced its first-ever quarterly dividend and launched its SCALE silicon photonics platform, signaling a maturing business model and a strategic push into high-bandwidth AI interconnects. While these developments support a positive investment narrative, the company still faces challenges with high capital expenditure and pricing pressure. Investors are evaluating how these changes interact with existing growth expectations and long-term earnings potential, especially given varying analyst forecasts for its future revenue and earnings.
How Investors Are Reacting To GLOBALFOUNDRIES (GFS) First Dividend And AI Photonics Push
GLOBALFOUNDRIES (GFS) recently declared its first quarterly dividend and launched its SCALE silicon photonics platform for AI interconnects, indicating a maturing business model. While these moves are positive, the company's long-term success hinges on execution in higher-value technologies and the traction of its AI-focused platform, as its limited exposure to leading-edge nodes remains a key risk. Analysts have varying revenue and earnings forecasts for GFS, with some projecting a significant downside to its current price despite the recent positive news.
GFS - GlobalFoundries Inc Stock Price and Quote
This page provides a comprehensive overview of GlobalFoundries Inc. (GFS) stock, including its latest price, key financial metrics, performance indicators, and recent analyst ratings. It also lists recent news headlines and insider trading activities, offering a detailed snapshot of the company's financial health and market perception.
Globalfoundries CSO Michael Hogan sells $208,992 in shares
Globalfoundries CSO Michael Hogan sold 2,800 ordinary shares for $208,992 on May 13, 2026, pursuant to a Rule 10b5-1 trading plan. This sale occurred as GFS shares surged 124% over six months, with the company recently reporting strong first-quarter 2026 financial results that beat EPS forecasts and declared its first quarterly dividend. Analyst ratings are mixed, with Evercore ISI raising its price target to $85 and BofA Securities raising its to $60.
GLOBALFOUNDRIES (GFS) CSO executes planned share sale and small gift
GLOBALFOUNDRIES Inc.'s Chief Strategy Officer, Michael James Hogan, reported an open-market sale of 2,800 ordinary shares for $74.64 each and a bona fide gift of 150 shares. Both transactions were executed on May 13, 2026, under a pre-arranged Rule 10b5-1 trading plan. Following these actions, Hogan directly owns 12,445 ordinary shares.
Insider Sell: Samuel Vicari Sells 8,692 Shares of GLOBALFOUNDRIES Inc (GFS)
Samuel Vicari, Chief Customer Officer at GLOBALFOUNDRIES Inc (GFS), sold 8,692 shares of the company on May 11, 2026, leaving him with 0 shares. This transaction is part of a broader trend of insider selling at the company, with no insider buys and 16 insider sells reported in the past year. GLOBALFOUNDRIES Inc's stock is considered significantly overvalued based on its price-to-GF-Value ratio of 1.71, trading at $75.62 against a GF Value of $44.35.
Top GlobalFoundries Executive Makes Notable Move With Fresh Stock Sale
GlobalFoundries Inc.'s Chief Commercial Officer, Samuel Vicari, recently sold 8,692 shares of company stock for $657,289. This insider transaction follows the company's Investor Day, where GlobalFoundries outlined an AI-focused growth strategy, introduced a quarterly dividend, and announced plans to return a substantial portion of free cash flow to shareholders. Analysts have reacted with mixed sentiment, with some raising price targets due to improved fundamentals while others believe the stock already reflects the positive news.
Globalfoundries chief customer officer Vicari sells $657k in shares
Samuel Vicari, Chief Customer Officer at GLOBALFOUNDRIES Inc., sold 8,692 ordinary shares worth approximately $657,289 on May 11, 2026, leaving him with no shares in the company. This comes as GlobalFoundries reported strong Q1 2026 earnings, exceeding EPS expectations, and announced its first quarterly dividend. Analyst ratings have also seen upgrades, with Evercore ISI raising its price target and BofA Securities increasing its target while maintaining an Underperform rating.
GLOBALFOUNDRIES (GFS) chief customer officer sells 8,692 shares
GLOBALFOUNDRIES Inc.'s Chief Customer Officer, Samuel Vicari, sold 8,692 Ordinary Shares of the company on May 11, 2026, at a weighted average price of $75.62 per share. Following this open-market transaction, Vicari's direct holdings of Ordinary Shares stand at 0. This Form 4 filing indicates a significant insider sale worth approximately $657,289.
How Globalfoundries Inc. (GFS) Affects Rotational Strategy Timing
This article examines Globalfoundries Inc. (GFS) through the lens of institutional trading strategies and AI-generated signals. It highlights strong sentiment for GFS across all time horizons, supporting an overweight bias, and provides specific entry, target, and stop-loss levels for position trading, momentum breakout, and risk hedging strategies. The analysis also details near-term, mid-term, and long-term support and resistance levels.
GlobalFoundries Q1 revenue surpasses $1.6B, beats expectations
GlobalFoundries reported first-quarter 2026 revenue of $1.6 billion, exceeding guidance and driven by its manufacturing services sector. CEO Timothy Breen highlighted the company's "three-pillar strategy," including innovations in optical networking and silicon germanium, and a 50% increase in design wins. Despite a decline in smart mobile device revenue, the company anticipates a boost from AI-enabled devices and expects total revenue of $1.8 billion in Q2 2026, with continued investment in R&D for secular growth areas.
Globalfoundries chief legal officer sells $36,095 in shares
GlobalFoundries Chief Legal Officer Azar Samak L sold 500 ordinary shares worth $36,095 on May 7, 2026, under a Rule 10b5-1 trading plan. The sale occurred while GFS shares were trading near their 52-week high after a significant year-to-date surge. The company recently reported strong Q1 2026 earnings, declared its first dividend, and received adjusted price targets from analysts.
GLOBALFOUNDRIES (GFS) CLO sells 500 shares under Rule 10b5-1 plan
GLOBALFOUNDRIES Inc.'s Chief Legal Officer, Azar Samak L, reported selling 500 Ordinary Shares at $72.19 per share on May 7, 2026. This transaction was executed under a pre-arranged Rule 10b5-1 trading plan and represents an exemption to a lock-up agreement expiring May 10, 2026. After the sale, Azar Samak L directly holds 15,994 Ordinary Shares.
GlobalFoundries in focus as Susquehanna sees strong earnings potential (GFS:NASDAQ)
Susquehanna has increased its price target for GlobalFoundries (GFS) due to anticipated stronger-than-expected future earnings. Analyst Mehdi Hosseini noted that a recent upgrade for the stock was influenced by this positive earnings outlook, positioning GlobalFoundries in focus for investors.
GLOBALFOUNDRIES (GFS) Launches Dividend and New Capital Return Framework
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) announced a new capital return framework and its first quarterly dividend of 12 cents per share, payable on July 14. The company aims to return up to 50% of trailing twelve-month non-IFRS adjusted free cash flow through dividends and share repurchases, driven by confidence in growth opportunities in AI-centric markets and strong Q1 results. Analysts like Baird have raised price targets for GFS, citing anticipated gross margin improvement.
GlobalFoundries stock hits 52-week high at 76.41 USD
GlobalFoundries (GFS) stock reached a 52-week high of $76.41, reflecting strong performance with a 1-year total return of 103.74% and a 6-month return of 113%. The semiconductor manufacturer benefits from high demand, revised analyst earnings upwards, and recently announced its first quarterly dividend of $0.12 per share, alongside exceeding Q1 2026 earnings expectations. While analysts like Evercore ISI raised price targets and maintained Outperform ratings, BofA Securities adjusted its price target lower but maintained an Underperform rating, noting the stock may be overvalued according to InvestingPro.
GLOBALFOUNDRIES (GFS) Is Up 9.8% After Debuting Dividend And New Cash Return Framework
GLOBALFOUNDRIES (GFS) saw a 9.8% stock increase after announcing its first quarterly dividend of US$0.12 per share and a new cash return framework. This strategy aims to return up to half of trailing adjusted free cash flow to shareholders through dividends and buybacks, shifting towards a more shareholder-focused capital allocation. The company continues to invest in silicon photonics and AI-oriented foundry technologies, with the success of its SCALE platform being crucial to its long-term investment narrative and ability to fund both capital expenditures and shareholder returns.
GLOBALFOUNDRIES Inc. (GFS) Analyst/Investor Day - Slideshow (NASDAQ:GFS) 2026-05-09
GLOBALFOUNDRIES Inc. (GFS) held an Analyst/Investor Day, publishing a slide deck to accompany the event. The company recently reported Q1 earnings with an EPS of $0.40, beating estimates by $0.05, and revenue of $1.63 billion, exceeding expectations by $4.09 million and representing a 3.09% year-over-year increase.
GlobalFoundries (NASDAQ: GFS) launches first dividend and targets 50% cash returns
GlobalFoundries (NASDAQ: GFS) announced its first-ever quarterly dividend of $0.12 per share, payable on July 14, 2026, to shareholders of record on June 24, 2026. The company also introduced a new capital allocation framework aiming to return up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow, after investments, to shareholders through dividends and share repurchases. This move signals a shareholder-friendly shift, linking returns to cash generation while supporting growth in high-margin, AI-centric markets.
GLOBALFOUNDRIES declares $0.12 dividend
GLOBALFOUNDRIES (NASDAQ:GFS) has declared a quarterly dividend of $0.12 per share. This dividend is payable on June 28, 2024, to shareholders of record as of June 7, 2024. The ex-dividend date is set for June 7, 2024.
GLOBALFOUNDRIES (GFS) CBO pre-planned sale of 500 shares amid lock-up
GLOBALFOUNDRIES Inc.'s Chief Business Officer, Michael James Hogan, sold 500 ordinary shares at $70.00 per share under a pre-established Rule 10b5-1 trading plan. This transaction is a permitted exception to a lock-up agreement expiring on May 10, 2026, and is considered a routine liquidity event rather than a discretionary trade. Hogan directly holds 15,395 ordinary shares after the sale, maintaining a substantial position in the company.
GlobalFoundries rises as it unveils dividend, long-term roadmap at investor day (GFS:NASDAQ)
GlobalFoundries (GFS) shares rose 5% after the company announced its first-ever quarterly dividend of $0.12 per share. The announcement was made during its investor day, where the company also presented its long-term roadmap. This move marks a significant development for the company regarding shareholder returns.
GLOBALFOUNDRIES (Nasdaq:GFS) - Stock Analysis
This Simply Wall St analysis of GLOBALFOUNDRIES (GFS) provides a comprehensive overview of the semiconductor foundry, highlighting its valuation, growth prospects, financial health, and recent news. The company is leaning into higher-value segments like automotive and data centers, with strong Q2 2026 guidance and the introduction of its SCALE optical module for AI data centers. Concerns include a P/E ratio higher than the industry average, with analysts' fair value estimates frequently being updated amidst changing market conditions and company performance.
Analysts Are Bullish on These Technology Stocks: GlobalFoundries Inc (GFS), IonQ (IONQ)
This article highlights three technology stocks, GlobalFoundries Inc (GFS), IonQ (IONQ), and Skyworks Solutions (SWKS), that have received bullish sentiments from analysts. It details specific analyst ratings, price targets, and general consensus ratings for each company, emphasizing their potential for growth and investor interest in the technology sector.
Analysts Offer Insights on Technology Companies: GlobalFoundries Inc (GFS) and Procore Technologies (PCOR)
Two analysts have recently provided bullish sentiments on technology companies GlobalFoundries Inc (GFS) and Procore Technologies (PCOR). Charles Shi from Needham reiterated a Buy rating on GlobalFoundries with an $80.00 price target, while TD Cowen analyst Andrew Sherman maintained a Buy rating on Procore Technologies with a $70.00 price target. Both companies received positive consensus ratings from analysts across the Street.
FMR LLC holds 11.5% of GLOBALFOUNDRIES (NASDAQ: GFS)
FMR LLC reported beneficial ownership of 11.5% of GLOBALFOUNDRIES (NASDAQ: GFS) common stock, totaling 64,058,166.25 shares, as detailed in an amended Schedule 13G/A filing. The filing also indicates that the Select Semiconductors Portfolio held 5.5% of the outstanding common stock as of March 31, 2026. This disclosure updates institutional ownership but does not specify any trading intent.
RSU grant lifts GLOBALFOUNDRIES (GFS) director Caulfield to 188,256 units
GLOBALFOUNDRIES Inc. director Thomas Caulfield was granted 146,199 restricted share units (RSUs) on May 1, 2026, which are set to vest on December 31, 2027, contingent on his continued service. This award increases his direct RSU holdings to 188,256 units, with some vesting earlier on February 27, 2027. The grant is a form of equity compensation rather than a cash transaction for stock purchase.
Morgan Stanley Raises Price Target on GlobalFoundries to $65 From $58, Keeps Equalweight Rating
Morgan Stanley has increased its price target for GlobalFoundries (GFS) to $65 from $58, while maintaining an "Equalweight" rating on the stock. This adjustment follows a period where other analysts also updated their recommendations for the semiconductor company. Recently, Susquehanna upgraded GlobalFoundries to "Positive" with a $100 price target, and Cantor Fitzgerald upgraded the stock to "Overweight" with an $80 price target.
Evercore ISI raises GlobalFoundries stock price target on data center demand
Evercore ISI has raised its price target for GlobalFoundries (NASDAQ: GFS) to $85 from $58, maintaining an Outperform rating, due to strong Q1 2026 earnings and accelerating data center demand. The company exceeded EPS expectations and provided optimistic guidance for the June quarter. This positive outlook is further supported by growth in silicon photonics revenue and management's commitment to gross margin targets despite increased gas supply costs.
GlobalFoundries Inc. (GFS) PT Raised to $85 at Evercore ISI
Evercore ISI analyst Mark Lipacis raised the price target for GlobalFoundries Inc. (NASDAQ: GFS) to $85.00 from $58.00. The analyst maintained a positive rating on the semiconductor manufacturer. The full details of the analysis are exclusive to premium subscribers.
GFS SEC Filings - Globalfoundries Inc. 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to Globalfoundries Inc. (GFS) SEC filings, including 20-F annual reports, 6-K current reports, and other regulatory documents. It offers detailed financial information, operational data, and insights into end-market categories. The platform also enhances these documents with AI-powered summaries, impact scoring, and sentiment analysis to simplify understanding for investors and analysts.
GlobalFoundries upped by Cantor Fitzgerald ahead of investor day; unveils new packaging
Cantor Fitzgerald has raised its price target on GlobalFoundries (GFS) to $85 from $70 while maintaining an Overweight rating, citing the company's attractive valuation and upcoming investor day. The firm also highlighted GlobalFoundries' recent announcement of new advanced packaging services including wafer-to-wafer (W2W) and die-to-wafer (D2W) hybrid bonding, which are expected to support AI, HPC, and automotive applications. These developments position GlobalFoundries positively for future growth and market relevance.
BofA raises GlobalFoundries stock price target to $60 on margins
BofA Securities has increased its price target for GlobalFoundries Inc. (NASDAQ:GFS) to $60 from $45, while maintaining an Underperform rating. The adjustment follows strong first-quarter 2026 results where sales met expectations and profit per share exceeded by 20% due to improved gross margins. Despite the stock trading in overbought territory and appearing overvalued by some metrics, BofA acknowledged GlobalFoundries' shift towards higher-margin markets like Automotive and Communications Infrastructure, contributing to its refined valuation based on AI exposure.
GlobalFoundries Inc Stock (GFS) Closed Up by 9.51% on May 5: Facts Behind the Movement
GlobalFoundries (GFS) saw its stock close up by 9.51% on May 5, driven by strong first-quarter 2026 financial results that exceeded expectations and optimistic guidance for Q2 2026. Key factors include the launch of its new SCALE silicon photonics solution for AI data centers, an expanded multi-billion dollar partnership with Renesas, and robust performance in its communications infrastructure and data center segment. While the MACD indicates a buy signal, the RSI suggests the stock is overbought, and some analysts maintain a "Hold" rating with an average price target below the current share price.
Why Is GlobalFoundries Stock Trading Higher Today?
GlobalFoundries (NASDAQ:GFS) stock is trading higher following strong fiscal first-quarter 2026 results, surpassing analyst estimates for both revenue and adjusted EPS. The company reported a 3% year-over-year revenue increase to $1.634 billion and an adjusted EPS of 40 cents. Key growth drivers included automotive and communications infrastructure/data center segments, along with increasing design wins and strong demand for silicon photonics.
GLOBALFOUNDRIES Inc. 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:GFS) 2026-05-05
GLOBALFOUNDRIES Inc. (NASDAQ: GFS) released its Q1 2026 earnings, reporting an EPS of $0.40, which surpassed estimates by $0.05. The company also announced revenue of $1.63 billion, beating expectations by $4.09 million and representing a 3.09% year-over-year increase. This article presents the slide deck published by GLOBALFOUNDRIES in conjunction with their earnings call.
GlobalFoundries Files Q1 2026 Unaudited Financials and Management Analysis
GlobalFoundries (GFS) filed a Form 6-K on May 5, 2026, containing unaudited Q1 2026 financial statements and management analysis. This filing continues the company's regular quarterly disclosures, providing transparency on its financial position and operations. TipRanks' AI Analyst, Spark, rates GFS as "Outperform" due to its financial strength and stock uptrend, though tempered by valuation and near-term revenue softness outlined in company guidance.
Earnings Flash (GFS) GlobalFoundries Inc. Reports Q1 Revenue $1.63B, vs. FactSet Est of $1.63B
GlobalFoundries Inc. reported Q1 revenue of $1.63 billion, meeting FactSet estimates. The company also provided Q2 guidance, expecting net revenue between $1.74B and $1.79B and non-IFRS EPS between $0.38 and $0.48, which is largely in line with analyst expectations. These financial updates come amidst other news regarding data center demand and new optical module solutions for AI.
GlobalFoundries (GFS) posts Q1 2026 profit and lifts Q2 revenue outlook
GlobalFoundries reported a Q1 2026 net revenue of $1.634 billion, a 3% increase year-over-year, with improved gross margins. Despite a decrease in IFRS net income and diluted EPS, Non-IFRS net income and diluted EPS saw an increase. The company provided a strong Q2 2026 revenue outlook of $1.760 billion ± $25 million, reflecting expected sequential growth in sales and earnings.
