Globalfoundries News - August 5, 2026
🔴 Globalfoundries is trading 4.1% down today on profit-taking despite beating earnings estimates
Globalfoundries is trading at $49.87 (-4.13%) as profit-taking follows an initial positive reaction to its latest earnings report. • While the latest quarter...
🔴 Globalfoundries is trading 5.4% down today on conservative Q3 guidance
Globalfoundries is trading 5.4% down at $49.20 in pre-market trading after issuing a conservative Q3 outlook that overshadowed a Q2 earnings beat. • The...
GlobalFoundries second quarter revenue grew 6% to $1.79B, beating estimates on strong Automotive and IoT demand.
GlobalFoundries reported second quarter revenue of $1.79 billion, up 5.8% year-over-year and slightly ahead of analyst estimates. The growth was driven by...
GlobalFoundries' second quarter revenue and EPS beat estimates, with non-IFRS gross margin nearing 30%.
GlobalFoundries reported second-quarter revenue of $1.786 billion, an increase of 6% year-over-year, beating analyst expectations. The company posted non-IFRS...