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GlobalFoundries/$GFS

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About GlobalFoundries

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.
Ticker
$GFS
Sector
Semiconductors
Primary listing
NASDAQ
Employees
14,000
Website
gf.com

GlobalFoundries Metrics

BasicAdvanced
$24B
33.50
$1.28
1.77
$0.24
1.12%

What the Analysts think about GlobalFoundries

Analyst ratings (Buy, Hold, Sell) for GlobalFoundries stock.
Analyst projections of the future price of GlobalFoundries stock.

Bulls say / Bears say

Q2 revenue and non-IFRS gross margin exceeded guidance, with gross margin at 29.9%, up 470 basis points year on year. Better mix, utilisation and cost improvements give GF several levers to sustain profit recovery. (GlobalFoundries, Yahoo Finance)
GF raised its 2026 growth outlook for communications infrastructure and data-centre revenue to 50–60%, reflecting demand for its photonics and silicon-germanium products in AI data centres. A proposed $300 million US award would also support development of its next-generation photonics technology. (Yahoo Finance, Reuters)
A Japan-funded fab programme of up to $21 billion could let GF earn technology, construction and operating fees, plus a share of future profits, without funding the fab capital itself. GF expects the arrangement to add to margins and earnings over time, although final agreements remain to be signed. (GlobalFoundries, Seeking Alpha)
Smart mobile devices account for about 36% of GF revenue, and the company expects that market to shrink by a low-teens percentage in 2026. Weakness in this large business could offset gains from the smaller data-centre segment. (Trefis)
GF said demand for silicon-germanium capacity was oversubscribed through 2027, even as overall factory utilisation remained in the high 80s. If it cannot add and qualify the right tools quickly, it may struggle to turn strong specialty-chip demand into near-term shipments. (StockAnalysis)
The new New York fab is not expected to produce its first wafers until 2029, and a second fab still depends on a go/no-go decision before the end of 2028. That puts much of the programme’s capacity and financial benefit years out and leaves part of the expansion conditional. (Reuters, GlobalFoundries)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.

GlobalFoundries Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

GlobalFoundries Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing GlobalFoundries

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