GLOBALFOUNDRIES Inc.
GlobalFoundries (NASDAQ:GFS) Chief Legal Officer Samak L Azar sold 335 shares on Aug. 6, 2026 at $48.29 each for $16,177, under a Rule 10b5-1 plan. GFS shares trade around $54.58. The company reported Q2 adjusted EPS of $0.46 on $1.79B revenue, beat estimates, and raised outlook. UBS cut its price target to $55 from $61.
A Wall Street Journal report says the U.S. Department of Commerce will award $2B in quantum computing grants to nine companies, with the government taking minority equity stakes. IBM is expected to receive half. D-Wave CEO Alan Baratz cited scaling and fabrication benefits. Pre-market shares of IBM, GFS, RGTI, QBTS, and INFQ rose 7% to 20%.
GlobalFoundries (GFS) shares fell 7.2% to $50.05 on Monday after a June-quarter report that beat revenue estimates and raised guidance for its comms infrastructure and data center end market. That segment grew 62% YoY and is guided to 50% to 60% growth in 2026, but it is only about 16% of revenue (~$290M).
Over the past 7 days, alphai's AI scored 5 news stories mentioning GFS (GLOBALFOUNDRIES Inc.). Coverage has skewed bullish: 2 bullish, 3 neutral, and 0 bearish.
Recent GFS coverage spans financial news, market movers and technology.
In the last 30 days, GFS insiders filed 5 SEC Form 4 transactions — no purchases and 5 sales ($325K). The most active reporter was Azar Samak L, Chief Legal Officer, with 3 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
The insider sale is disclosed with execution details, but it is explicitly under a 10b5-1 plan and does not change fundamentals by itself.
GFS benefits from direct grant allocation tied to quantum fabrication scaling, which can re-rate near-term demand expectations for foundry services.
Volatility risk appears tied to end-market mix concentration, not the quarter itself, implying traders may fade or hedge around guidance sensitivity.
Partnership signals ongoing digital transformation spend and potential operational efficiency gains, but it is not quantified and is unlikely to move the stock immediately.
The equity-for-funding award is a direct, company-specific subsidy that can accelerate optics R&D and potentially improve commercialization timelines.
alphai scores every news story that mentions GFS with an AI model for sentiment and relevance, and aggregates insider trades from GLOBALFOUNDRIES Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
GlobalFoundries (NASDAQ:GFS) Chief Legal Officer Samak L Azar sold 335 shares on Aug. 6, 2026 at $48.29 each for $16,177, under a Rule 10b5-1 plan. GFS shares trade around $54.58. The company reported Q2 adjusted EPS of $0.46 on $1.79B revenue, beat estimates, and raised outlook. UBS cut its price target to $55 from $61.
2 min readA Wall Street Journal report says the U.S. Department of Commerce will award $2B in quantum computing grants to nine companies, with the government taking minority equity stakes. IBM is expected to receive half. D-Wave CEO Alan Baratz cited scaling and fabrication benefits. Pre-market shares of IBM, GFS, RGTI, QBTS, and INFQ rose 7% to 20%.
4 min readGlobalFoundries (GFS) shares fell 7.2% to $50.05 on Monday after a June-quarter report that beat revenue estimates and raised guidance for its comms infrastructure and data center end market. That segment grew 62% YoY and is guided to 50% to 60% growth in 2026, but it is only about 16% of revenue (~$290M).
4 min readGlobalFoundries (GF) selected Redpanda to support its digital transformation and build a unified real-time data platform for semiconductor manufacturing. GF says the platform will replace legacy change-data-capture, unify equipment and process data, and enable AI agents with governance and audit logs. GF also plans to expand AI agent use across IT and procurement.
3 min readThe US Commerce Department’s CHIPS R&D Office signed letters of intent with seven chip firms to fund next-generation AI and compute technologies in exchange for minority equity stakes. GlobalFoundries is set to receive up to $300 million, Kepler up to $245 million, and Multibeam up to $140 million, with four others receiving $30 million to $75 million each, according to NIST.
5 min readMorgan Stanley raised its price target on GlobalFoundries to $60 from $57 and kept an Equalweight rating, according to the note cited in the article. The update follows coverage that GlobalFoundries reported results for the second quarter that beat estimates, supported by AI chip demand.
1 min readGlobalFoundries (Nasdaq: GFS) reported preliminary Q2 2026 results for the quarter ended June 30. Revenue was $1.786B, gross margin 28.3%, net income $167M, and diluted EPS $0.30. Non-IFRS adjusted EBITDA was $587M. Ending cash was $3.3B. GF also announced a $0.12 quarterly dividend and multiple business updates including a $300M CHIPS-related LOI and acquisitions.
4 min readGlobalFoundries (NASDAQ: GFS) reported Q2 EPS of $0.46, $0.03 above the analyst estimate of $0.43. Revenue was $1.79B, above the $1.76B consensus. The stock closed at $49.46. The article notes 13 positive and 0 negative EPS revisions over the past 90 days.
2 min readGlobalFoundries (GF) said it completed in July 2026 the acquisition of Photeon Technologies’ integrated voltage regulator (IVR) business, adding IVR technology, engineering and R&D. Terms were not disclosed. GF also reported Q2 revenue of $1.786B and net income of $167M, and forecast Q3 sales of $1.885B plus or minus $25M.
6 min readGlobalFoundries (GFS) shares fell about 5% as investors digested its Q2 earnings-day update. The article cites prior guidance for Q2 revenue of about $1.76 billion (plus or minus $25 million) and non-IFRS diluted EPS of about $0.43 (plus or minus $0.05), plus focus on data-center demand and silicon photonics. Results are scheduled for Aug. 5, 2026.
4 min read
