Headquartered in Malta, NY Fiscal year ends December NASDAQ: GFS gf.com
GlobalFoundries (GF) is a pure-play semiconductor foundry that manufactures chips designed by its customers. It focuses on differentiated, power-efficient and high-performance process technologies rather than leading-edge logic nodes.
Key end markets include:
- Smart mobile devices
- Communications infrastructure and data center
- Home and industrial IoT
- Automotive
- Aerospace and defense
GF positions itself as enabling AI from the cloud to the physical world. Its technologies include silicon germanium (SiGe), silicon photonics, power management processes and advanced packaging, including silicon interposers.
The company runs manufacturing operations in the U.S. (Malta, New York and Burlington, Vermont), Europe and Asia (including a 300mm fab in Singapore). It shipped 647 thousand 300mm-equivalent wafers in Q3 2026.
Recent developments:
- Selected as technology provider and operator for two new Malta fabs under a U.S.-Japan initiative funded with up to $21 billion.
- A $2 billion agreement to supply silicon interposers for TSMC's CoWoS packaging.
- An amended $955 million U.S. CHIPS Act award.
- Expanded capacity agreements with Marvell and Monolithic Power Systems.
GF pays a quarterly dividend and repurchases shares. Updated
AI and data-center orders pushed non-IFRS gross margin to a record 31.4%, and management guided fourth-quarter revenue to $2.00 billion with adjusted EPS of $0.59, another step up. The IFRS net loss stems from a $441 million non-cash charge for shares issued to the US government, leaving demand intact.
Lam Research is handing shareholders about $413 million, or 33 cents a share, with the cash arriving October 14. Cincinnati Financial follows with $144 million, and three more companies round out today's payouts.
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GlobalFoundries (GF) is a pure-play semiconductor foundry that manufactures chips designed by its customers. It focuses on differentiated, power-efficient and high-performance process technologies rather than leading-edge logic nodes.
24/7 Wall St.'s 12-month price target for GFS is $68.31, rated Buy. The Wall Street consensus target is $73.91. GFS price prediction →
