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
$23B
33.39
$1.28
1.80
$0.12
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

GlobalFoundries reported Q2 2026 revenue of $1.688 billion, topping Wall Street estimates of $1.677 billion on the back of robust AI and data center demand (Investing.com)
In Q1 2026, the company delivered a non-IFRS gross margin of 29.0% and an operating margin of 16.6%, marking its most profitable quarter to date and reflecting strong cost execution (SEC filing)
GlobalFoundries secured a $300 million letter of intent with the U.S. Department of Commerce in July 2026 to advance silicon photonics R&D, strengthening its technology leadership in AI infrastructure (Reuters)
GlobalFoundries plans over $1.3 billion in CapEx in 2026—about 20% of projected revenue—which could weigh on free cash flow and delay shareholder returns (Earnings Call Transcript)
TrendForce reports that average utilization of mature-node 8-inch fabs has climbed to 88%–90%, driving customers toward Chinese foundries and intensifying competition in GlobalFoundries’ core segments (TrendForce)
Analysts caution that management’s goal to expand gross margins from 29.0% to 30% by end-2026 and 40% by end-2028 entails over 1,100 basis points of improvement in under three years, posing significant execution risk (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 28 Aug 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

AllEURGBP
Funds
Fund name
Fund size
$GFS weighting
iShares AI Infrastructure€AIFS
€1.1B0.10%
iShares AI Infrastructure£AINF
£942M0.10%
Amundi Prime All Country World€WEBN
€3.2B0.00%
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