Globalfoundries News - July 29, 2026
🔴 Globalfoundries is trading 4.8% down today on broader chip sell-off and weak SK Hynix earnings
Globalfoundries is trading 4.8% down today at $46.83 as a broader semiconductor sell-off intensifies following weak SK Hynix earnings and rising China chip...
GlobalFoundries secures $300M US award, targeting light-based AI chip tech
GlobalFoundries (GFS) signed a letter of intent with the U.S. Department of Commerce for a $300 million award under the CHIPS and Science Act. The funding...
🟢 Globalfoundries is trading 11.3% up today on bargain hunting after semiconductor rout
Globalfoundries is trading 11.3% up at $54.55 in pre-market, rebounding sharply from a 6.5% drop on July 28 during a broad semiconductor selloff. • The move...