News
GFS
51.75
+1.59%
0.81
What's Going On With Amkor Technology Stock Today?
U.S. Department of Commerce and Amkor Technology to provide up to $400 million in funding under the CHIPS and Science Act. The funding supports Amk or’s planned $2 billion semiconductor packaging facility in Peoria, Arizona. The facility is expected to create 2,000 jobs and boost the domestic semiconductor supply chain.
Benzinga · 11h ago
Semiconductor materials supplier Soitec reports Q1 sales slump
French semiconductor materials supplier Soitec reports a 24% drop in its comparable first quarter revenue. The group has been banking on a rebound of the smartphone market to lift sales of its technology. First quarter sales came at 121 million euros, slightly ahead of analyst expectations.
Reuters · 3d ago
Weekly Report: what happened at GFS last week (0715-0719)?
Weekly Report · 4d ago
UPDATE 3-Chip stocks volatile with China-US spat in focus
Chip stocks in Asia sell-off after report of U.S. Considering tighter curbs on exports of chip technology to China. The Philadelphia semiconductor index manages to close higher after tumbling on Wednesday. Trading in U.s. Chip stocks was choppy on Thursday with the index closing up 0.5%.
Reuters · 07/18 21:55
Intel’s stock again stands out with gains in the face of chip weakness
MarketWatch · 07/18 16:50
Stocks Finish Lower on Slump in Mega-Cap Tech Stocks and Banks
S&P 500 posts a 2-week low and the Nasdaq 100 drops to a 3-week high. Weakness in mega-cap technology stocks and money-center banks weighed on the overall market. US economic news was mixed; weekly continuing unemployment claims rose to 2-1/2 year high. Chicago Fed President Goolsbee said the Fed may need to cut interest rates soon. Overseas stock markets settled mixed in Europe and Asia.
Barchart · 07/18 15:48
Stocks Erase Early Gains on Weakness in Mega-Cap Tech Stocks
US stock indexes open higher but turn lower due to weakness in mega-cap technology stocks. US weekly unemployment claims rose to a 2-1/2 year high, and the July Philadelphia Fed business outlook survey rose more than expected. The Dow Jones Industrials posted a new record high on a rebound in chip stocks. European stock markets today are mixed after the ECB kept interest rates unchanged. US 10-year T-notes are lower after the Philadelphia Fed's dovish comments on labor market.
Barchart · 07/18 10:38
CORRECTED-UPDATE 2-US chip stocks volatile after Asian dip with China-US spat in focus
US chip stocks volatile after Asian dip with China-US spat in focus. Trading in U.S. Chip stocks was choppy on Thursday after a massive sell-off on Wednesday. A report that the United States is considering tighter curbs on exports of advanced chip technology to China. Asian chip stocks in Asia also took a tumble after the report.
Reuters · 07/18 07:59
Nasdaq slide: biggest decliners, advancers in Nasdaq-100 slide on trade worries, rotation
Nasdaq-100 index fell 2.9% on Wednesday, the steepest percentage decline since December 2022. Chip stocks including ASML and Advanced Micro Devices paced the selloff on the Nasdaq. Geopolitical and trade fears and a market rotation also contributed to the sell-off.
Seeking Alpha · 07/17 22:39
Notable Wednesday Option Activity: IMAX, GFS, VFC
NASDAQ · 07/17 19:19
Quiver Markets Wrap: Semiconductors Lose $500B in Sell-off
U.S. Mulling tighter curbs on exports of advanced chip technology to China. Wall Street's semiconductor index lost more than $500 billion in value in worst day since 2020. Donald Trump's comments that Taiwan should pay the United States for its defense added to the selloff.
Barchart · 07/17 18:30
Why Is GlobalFoundries (GFS) Stock Up Nearly 10% Today?
Semiconductor foundry GlobalFoundries (NASDAQ:GFS) popped sharply higher on Wednesday. Recent comments by former President Donald Trump may benefit GFS stock as domestic chip production rises. The company manufactures over 90% of advanced chips in the U.S.
Investorplace · 07/17 18:13
BUZZ-U.S. STOCKS ON THE MOVE-Synchrony Financial, Crypto Stocks, Industrial REITs
The Nasdaq tumbled more than 2% to a two-week low on Wednesday. Chip and tech stocks fell on the prospect of tighter China-focused U.S. Trade curbs. The Dow bucked the trend and jumped to a record high of 41,166.21.
Reuters · 07/17 18:12
Why GlobalFoundries Stock Soared 7% on Wednesday
GlobalFoundries is up 7% on Wednesday. The contract semiconductor manufacturer competes with Taiwan Semiconductor Manufacturing. President Trump has complained about Taiwan's dominance in the chip market. GlobalFoundries does most of its business in the U.S. And is headquartered in America. But TSMC is a better semiconductor stock.
The Motley Fool · 07/17 18:11
Why ASLAN Pharmaceuticals Shares Are Trading Lower By Over 38%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
ASLAN Pharmaceuticals Limited's shares dipped 38.7% to $0.68 on Wednesday. The company's Singapore-incorporated subsidiary has filed for voluntary liquidation. Aptevo Therapeutics Inc. Shares climbed 84% after surging around 10% on Tuesday.
Benzinga · 07/17 17:28
Taiwan's GlobalWafers awarded up to $400M from CHIPs Act to ramp wafer production
Taiwan's GlobalWafers awarded up to $400M from CHIPs Act to ramp up domestic silicon wafer production. The funds will be used to produce 300 millimeter wafers for advanced semiconductors. The U.S. Department of Commerce is the latest company to receive money from the $52.7B act to boost domestic production.
Seeking Alpha · 07/17 17:07
BUZZ-U.S. STOCKS ON THE MOVE-Prologis, J.B. Hunt, UnitedHealth Group
The Nasdaq slumped 2% to a two-week low on Wednesday. Major chip and tech stocks were pressured by the prospect of tighter U.S. Trade curbs on China. Prologis, J.B. Hunt, UnitedHealth Group were among the top gainers.
Reuters · 07/17 15:59
GlobalFoundries Up Over 7%, on Pace for Largest Percent Increase Since February 2023 -- Data Talk
Dow Jones · 07/17 15:56
Broader Market Closes Lower as Chip Stocks Plunge
US Jun housing starts and Jun manufacturing production rose more than expected, hawkish factors for Fed policy. The Dow Jones Industrials posts a new record high and the Nasdaq 100 falls to a 2-week low. The Fed Beige Book was dovish and supportive of stocks. Overseas stock markets in Europe and Asia settle lower.
Barchart · 07/17 15:38
BUZZ-US chip stocks hit by China trade worries; Intel bucks trend
Chipmakers' shares tumble amid concerns about U.S.-China trade tensions and rout in the tech sector in the United States. Nasdaq Composite index falls 1.7% as chip stocks hit by China trade worries. Intel bucks trend; shares of the chipmaker up 5.6%.
Reuters · 07/17 15:03
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About GFS
GlobalFoundries Inc. is a semiconductor manufacturer. The Company offers a range of mainstream wafer fabrication services and technologies. It manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. Its specialized foundry manufacturing processes include a library consisting of qualified circuit-building block designs (known as IP titles or IP blocks), and differentiated transistor and device technology. The Company's differentiated technology platforms include radio frequency (RF) silicon-on-insulator (SOI), Fin Field-Effect Transistor (FinFET), FDX, Complementary Metal-Oxide Semiconductor (CMOS), Silicon Germanium (SiGe), Gallium Nitride (GaN), Bipolar-CMOS-DMOS (BCD), and Silicon Photonics (SiPh). Its Bipolar-CMOS-DMOS (BCD) and BCDLite platforms provide performance and flexible platforms for efficient power management.