GFS
NASDAQ · Semiconductors
Globalfoundries Inc
$83.39
-6.28 (-7.00%)
GFS News15 articles
Lam Research and Kulicke & Soffa Rally on AI-Driven Semiconductor Demand
Lam Research (LRCX) and Kulicke & Soffa (KLIC) shares surge on strong AI chip demand and earnings optimism, while Block (SQ) shows undervaluation potential amid high P/E ratios.
Sivers Rockets 65% on GlobalFoundries AI Photonics Pact
Sivers Semiconductors shares surged 65% in Stockholm after announcing its lasers will be used in GlobalFoundries' silicon-photonics designs for AI data-center optical links.
GlobalFoundries Stock Slides After $1.91B Block Trade by Major Shareholder
GlobalFoundries shares dropped 0.82% to $79.97, capping a 6.62% weekly decline after Mubadala's $1.91 billion block trade. The stock is now 13.59% below its 52-week high.
Dow Hits Record High as Oil Plunges; AI Stocks Take a Breather
The Dow Jones Industrial Average closed at a record high of 50,650.76 on Wednesday, lifted by healthcare and consumer stocks, as oil prices tumbled and AI-related shares cooled.
Dow Jones Industrial Average Reaches New All-Time High as AI Rally Pauses
The Dow Jones Industrial Average hit a record close of 50,650.76 on Wednesday, driven by healthcare and consumer stocks, while the broader market paused after an AI-led surge. Chip stocks cooled, and energy shares fell with crude oil.
Tech Giants Invest $125M in UCLA AI Chip Research Hub
Broadcom, Meta, and other tech leaders are funding a $125 million semiconductor center at UCLA to boost custom AI chip research, including doctoral support and internships.
D-Wave Advances Toward $100M Federal Deal Amid Quantum Sector Rally
D-Wave Quantum Inc. trades at $29.28 premarket, down 0.4%, after a 44.5% rally last week on news of a proposed $100 million CHIPS Act funding deal. Q1 revenue fell 81% to $2.9 million, while bookings soared to $33.4 million.
GlobalFoundries Surges on $375M Quantum Deal and U.S. Stake
GlobalFoundries stock soared 15% after the U.S. Commerce Department unveiled a $375 million award and a 1% government stake in the chipmaker, part of a $2 billion federal quantum computing push.
IonQ Shares Surge 12% as Quantum Stocks Rally on $2B Federal Funding
IonQ shares rose 12.24% to $58.89 as quantum stocks rallied on $2.013B in federal incentives, though IonQ wasn't among direct awardees.
Infleqtion Stock Soars 31% on $100M Quantum Funding Proposal
Infleqtion shares jumped 31.5% to $15.99 after-hours following news of a proposed $100 million U.S. quantum-computing award. The rally is tied to federal backing but remains contingent on final approvals.
GlobalFoundries Stock Surges on $375M US Quantum Chip Funding
GlobalFoundries shares surged 12.7% to $79.75 after the US Department of Commerce signaled $375 million in support for quantum-chip manufacturing, with the company launching a new quantum technology unit.
D-Wave Surges 6% Premarket on $100M CHIPS Act Deal, U.S. to Get Equity Stake
D-Wave Quantum shares jumped 6% in premarket trading after the company signed a letter of intent for $100 million in CHIPS Act funding, with the U.S. government set to receive common stock upon deal closure.
US Government Invests $2 Billion in Quantum Computing via CHIPS Act
The Commerce Department is investing $2.013 billion in nine quantum computing companies, taking minority equity stakes. Shares of IBM, Rigetti, and D-Wave rose sharply in premarket trading.
GlobalFoundries Shares Surge Ahead of Q4 Earnings, AI Demand in Focus
GlobalFoundries stock rose 4.7% to $42.91 Friday, buoyed by a broad semiconductor rally and optimism around AI-driven demand ahead of its Feb. 11 earnings report.
UMC Shares Rise as AI Capex Signals Boost Chip Sector
United Microelectronics' U.S. shares gained 0.9% to $10.06, lifted by Amazon and Alphabet's increased AI infrastructure spending. The Philadelphia Semiconductor Index surged 5.7%.