GLOBALFOUNDRIES Inc.
Morgan 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.
GlobalFoundries (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.
GlobalFoundries (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.
Over the past 7 days, alphai's AI scored 26 news stories mentioning GFS (GLOBALFOUNDRIES Inc.). Coverage has skewed bullish: 16 bullish, 7 neutral, and 3 bearish.
Recent GFS coverage spans earnings, financial news and mergers & acquisitions.
In the last 30 days, GFS insiders filed 8 SEC Form 4 transactions — 1 purchase ($767) and 7 sales ($388K). The most active reporter was Azar Samak L, Chief Legal Officer, with 4 filings. 88% of activity was filed under pre-arranged Rule 10b5-1 plans.
The note is a modest bullish tilt via a higher target, but the unchanged Equalweight rating suggests limited conviction and likely capped near-term upside expectations.
The print is a near-term catalyst for GFS sentiment and positioning, with margins and profitability metrics highlighted versus guidance ranges.
Beat on both EPS and revenue is likely to support near-term sentiment, but the article provides no guidance or new forward catalyst.
Deal completion plus IVR IP/R&D pull-in supports a near-term narrative of expanding power-management content, but terms are undisclosed so magnitude is uncertain.
Near-term downside bias as the market questions whether Q2 execution met elevated AI/data-center expectations.
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.
Morgan 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 readGlobalFoundries (GFS) reported Q2 revenue of $1.79B, up 6% year over year and above analysts’ $1.77B consensus. Adjusted EPS was 46 cents, above the 44-cent consensus. Margins improved, with adjusted gross margin at 29.9%. Q3 guidance calls for $1.86B-$1.91B revenue and 46-56 cents EPS. GFS shares were down 3.96% to $49.96.
4 min readGlobalFoundries (NASDAQ:GFS) raised its full-year 2026 outlook for communications infrastructure and data-center revenue, now expecting 50% to 60% growth year over year. Silicon photonics revenue is expected to more than double in 2026. Q3 guidance calls for revenue of $1.885B plus or minus $25M and non-IFRS gross margin around 30.5%.
6 min readGLOBALFOUNDRIES (GF) reported Q2 2026 revenue of $1.786B, up 62% year over year, with non-IFRS gross margin reaching a record 29.9%. Management raised its communications infrastructure and data center growth outlook to 50% to 60% for 2026. Q3 guidance calls for $1.885B revenue and 30.5% gross margin. GF also cited mobile weakness and pricing actions.
6 min readReuters reports GlobalFoundries (GFS) beat Q2 estimates as AI data-center chip demand lifted sales. Revenue was $1.79B vs $1.77B expected, and adjusted EPS was 46 cents vs 44 cents. It forecast Q3 revenue of $1.89B plus or minus $25M. Adjusted free cash flow was -$3M. The company also sued Tower Semiconductor over patent infringement.
4 min readAccording to Reuters, GlobalFoundries reported Q2 results that beat forecasts, citing stronger demand for AI chips. The company’s performance in the quarter was driven by higher chip demand, supporting revenue and earnings relative to expectations. The update matters for investors tracking semiconductor supply and AI-related orders.
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