GLOBALFOUNDRIES Inc.
- Open
- 44.42
- Day high
- 44.53
- Day low
- 43.17
- Prev close
- 43.93
- Volume
- 3.1M
- Mkt cap
- $24.1B
- P/E (TTM)
- 34.1
- EPS (TTM)
- $1.29
- P/B
- 2.0
- P/S
- 3.5
- Yield
- 0.27%
- Per share
- $0.12
- ▼Insiders net selling -$1.5M over the last 3 months (1 open-market buy, 20 sales)
- 🏛Institutions accumulating (13F)
GLOBALFOUNDRIES Inc. (GFS) is a Technology company listed on NASDAQ. The stock is up 32% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 20 sales (SEC Form 4). Drillr has 2 published research articles covering GFS.
GLOBALFOUNDRIES Inc. (GFS) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 3 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
GFS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 5, 2026 | $0.43 | $0.46 | +6.3% | $1.8B | +1.2% |
| May 5, 2026 | $0.35 | $0.40 | +13.9% | $1.6B | +0.3% |
| Feb 11, 2026 | $0.47 | $0.55 | +17.0% | $1.8B | +13.6% |
| Nov 12, 2025 | $0.38 | $0.41 | +7.0% | $1.7B | +0.7% |
| Feb 13, 2024 | $0.58 | $0.64 | +10.3% | $1.9B | +0.2% |
| Feb 14, 2023 | $1.18 | $1.44 | +22.0% | $2.1B | +14.8% |
| Aug 9, 2022 | $0.45 | $0.58 | +28.9% | $2.0B | +1.2% |
| Feb 8, 2022 | $0.11 | $0.18 | +63.6% | $1.8B | +1.8% |
| Nov 30, 2021 | $0.00 | $0.07 | +4387.2% | $1.7B | -6.2% |
GFS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 28, 2026 | Azar Samak Lofficer: Chief Legal Officer | Sell | 335 | $46.75 |
| Aug 24, 2026 | Azar Samak Lofficer: Chief Legal Officer | Sell | 335 | $48.38 |
| Aug 20, 2026 | Raman Pradheepaofficer: Chief People Officer | Sell | 6,760 | $51.12 |
| Aug 17, 2026 | Azar Samak Lofficer: Chief Legal Officer | Sell | 335 | $52.62 |
| Aug 10, 2026 | Azar Samak Lofficer: Chief Legal Officer | Sell | 335 | $48.29 |
| Aug 4, 2026 | Pedersen Gregory Johnsonofficer: Chief Accounting Officer | Tax | 761 | $49.89 |
| Aug 4, 2026 | Pedersen Gregory Johnsonofficer: Chief Accounting Officer | Tax | 1,268 | $49.89 |
| Jul 31, 2026 | OBEID CARLOS ANTOINEdirector | Tax | 1,671 | $49.02 |
| Jul 31, 2026 | Antaki Marcdirector | Tax | 1,671 | $49.02 |
| Jul 31, 2026 | Azar Samak Lofficer: Chief Legal Officer | Sell | 335 | $48.93 |
| Jul 31, 2026 | Languille Camilladirector | Tax | 1,671 | $49.02 |
| Jul 30, 2026 | KERKO DAVID Mdirector | Grant | 3,291 | — |
| Jul 30, 2026 | OBEID CARLOS ANTOINEdirector | Tax | 430 | $53.18 |
| Jul 30, 2026 | OBEID CARLOS ANTOINEdirector | Grant | 1,431 | — |
| Jul 30, 2026 | OBEID CARLOS ANTOINEdirector | Grant | 3,291 | — |
Source: GFS SEC Form 4 filings, latest Aug 28, 2026. For informational purposes only — not investment advice.
See the full GFS insider & 13F page →GFS research & analysis
[GFS] GlobalFoundries Thesis 2026: Specialty Foundry Demand Tests Automotive IoT Recovery
GlobalFoundries Inc. (NASDAQ: GFS) FY2025 revenue ~$6.7-7.2B (-3 to +5%) with adj. EPS ~$1.85-2.30 reflecting continued post-2024 specialty foundry mix expansion (~75%+ specialty technologies including FDX FD-SOI + selected various automotive + IoT + RF + selected various) plus selected post-2024 automotive + IoT customer destocking continuation + selected post-2024 ~$1.5B aggregate Long-Term Agreements (LTA) supporting selected ~$25-30B aggregate FY2025-2030 customer-funded capacity reservations under continued President + CEO Tim Breen (~2-year tenure since April 2025). Leading global semiconductor foundry with operations across semiconductor manufacturing fabs in US (Malta NY + Burlington VT + East Fishkill NY) + Germany (Dresden) + Singapore. Founded March 2009 via spin-off from AMD as GlobalFoundries (selected post-AMD asset-light strategic shift); selected post-2010 Mubadala Investment Company (Abu Dhabi sovereign wealth fund) majority acquisition + selected post-2010 Chartered Semiconductor Manufacturing (Singapore) ~$3.9B acquisition creating selected combined GlobalFoundries entity; selected post-2014 IBM Microelectronics ($1.5B reverse fee) acquisition creating selected expanded fab footprint; selected post-2018 Thomas Caulfield CEO appointment + selected post-2018 strategic refocus on specialty technologies; selected post-2018 Fab 8 New York Malta consolidation + selected leading-edge 7nm exit; selected post-October 2021 ~$2.6B NASDAQ IPO (Mubadala retained ~84% ownership stake post-IPO); selected post-April 2025 Tim Breen CEO appointment. Headquartered in Malta New York; ~13,000+ employees globally with ~$6.7-7.2B revenue. Five primary end-market segments: Smart Mobile Devices ~45-50% revenue (~$3-3.6B), Communications Infrastructure + Datacenter ~15-20% (~$1-1.4B), Automotive ~10-15% (~$0.7-1.1B), IoT + Smart Devices ~10-15% (~$0.7-1.1B), Personal Computing + Other ~5-10% (~$0.4-0.7B). Specialty foundry mix expansion: ~75%+ specialty technologies revenue mix FY2025 (vs ~70% FY2022) covering FDX FD-SOI (Fully Depleted Silicon-on-Insulator; selected proprietary differentiated low-power + RF technology with 22FDX + 12FDX nodes) + RF SOI + selected various automotive + IoT + RF + selected various; ~25-30% leading-edge revenue mix exposure; FY2026 catalyst: continued specialty mix expansion. Long-Term Agreements (LTA): ~$25-30B aggregate FY2022-2030 customer-funded capacity reservations; ~$1.5B aggregate FY2025 LTA cash receipts; selected various automotive + IoT + RF + selected various major customers; selected take-or-pay capacity reservations. Automotive + IoT inventory correction: FY2022 peak $8.1B → FY2023 $7.4B (-9%) → FY2024 $6.75B (-9% trough) → FY2025 $6.7-7.2B (-3 to +5% stability); selected continued post-2024 inventory normalization toward ~110-120 days. President + CEO Tim Breen since April 2025 (~2-year tenure includes prior COO role; succeeded Thomas Caulfield CEO 2018-March 2025 retired); CFO John Hollister. Capital structure: ~$3-4B aggregate cash + investments; no dividend; no buybacks; ~$1.5-2B aggregate FY2025 capex; ~$10B aggregate Mubadala Investment Company (~84% post-IPO; selected post-2025 ~3-5% reduction via secondary offering) ownership stake; investment-grade Ba1/BB+ credit rating. FY2026 thesis: specialty foundry mix expansion + Long-Term Agreements framework + automotive + IoT inventory recovery + selected continued capacity expansion + Mubadala ownership reduction. Risks: inventory correction cycle sustainability, ~45-50% Smart Mobile Devices smartphone unit demand exposure, ~84% Mubadala ownership concentration, ~$1.5-2B aggregate annual capex execution, USD/EUR + USD/SGD currency volatility.
AI Processor Design Licensing Revenue Hits Three-Year High
CEVA said a company that builds both its hardware platform and OS licensed its NPU design. Licensing revenue hit a three-year high; royalties stayed flat.
AIPARMCEVA
GLOBALFOUNDRIES Inc. company profile
Overview
GLOBALFOUNDRIES Inc. (NASDAQ:GFS) is a semiconductor foundry company founded in 2009 and headquartered in Malta, New York. The company went public in October 2021 and operates as one of the world's largest contract chip manufacturers, providing semiconductor manufacturing services to fabless semiconductor companies and integrated device manufacturers worldwide. GlobalFoundries operates manufacturing facilities across the United States, Europe, and Asia, positioning itself as a strategic alternative to Asian foundries for companies seeking supply chain diversification and geopolitical risk mitigation.
Business
GlobalFoundries operates in the semiconductor foundry industry, which involves manufacturing integrated circuits (chips) for other companies that design but do not manufacture semiconductors themselves. The semiconductor industry is divided between companies that design chips (fabless companies) and those that manufacture them (foundries). GlobalFoundries falls into the latter category as a pure-play foundry. The company manufactures a wide range of semiconductor devices including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems (MEMS). These chips enable functionality in everything from smartphones and automobiles to industrial equipment and data center infrastructure. GlobalFoundries serves four primary market segments: 1. Smart Mobile Devices (approximately 40-50% of revenue): Manufacturing chips for smartphones, tablets, and wearable devices, including application processors, radio frequency components, and connectivity chips that enable cellular, WiFi, and Bluetooth functionality. 2. Automotive (approximately 15-25% of revenue): Producing semiconductors for modern vehicles including microcontrollers for engine management, battery management systems for electric vehicles, sensor chips for autonomous driving features, and radar technologies for collision avoidance systems. 3. Home and Industrial IoT (approximately 18-21% of revenue): Manufacturing chips for Internet of Things devices, industrial automation equipment, medical devices, and smart home appliances that require connectivity and processing capabilities. 4. Communications Infrastructure and Data Center (approximately 7-11% of revenue): Producing specialized chips for telecommunications equipment, data center servers, networking hardware, and emerging technologies like silicon photonics for high-speed data transmission.
Revenue model
GlobalFoundries generates revenue primarily through contract manufacturing services, where customers pay for wafer fabrication based on the number of wafers processed and the complexity of the manufacturing process required. The company operates on a foundry model where it does not design chips but instead manufactures designs provided by its customers. The business model includes several revenue streams: base wafer fabrication fees, technology development partnerships, long-term supply agreements with minimum volume commitments, and prepayment arrangements where customers pay upfront for guaranteed capacity allocation. As of recent reports, the company has secured over $18 billion in lifetime revenue from existing long-term agreements, providing revenue visibility and stability. Key factors that influence margins include factory utilization rates, as semiconductor manufacturing involves high fixed costs for expensive fabrication equipment that must run continuously to be profitable. Product mix significantly impacts profitability, with more advanced and differentiated technologies commanding higher prices than commodity chips. Technology node positioning affects pricing power, as GlobalFoundries focuses on mature and specialty nodes rather than competing in leading-edge processes. External factors affecting margins include raw material costs for silicon wafers and specialty chemicals, energy costs for power-intensive manufacturing processes, and geopolitical tensions that may impact supply chains or create demand for onshore manufacturing. Competition from Asian foundries, particularly TSMC and Samsung, can pressure pricing, while semiconductor cycle dynamics create periods of oversupply or shortage that affect capacity utilization and pricing power.
Competitive moat
GlobalFoundries possesses a moderate competitive moat based primarily on its unique positioning as a non-Asian foundry alternative and its specialized technology focus. The company's primary defensive advantages include its geographic diversification across the United States, Europe, and Asia, which provides supply chain resilience that has become increasingly valuable amid geopolitical tensions and trade restrictions. The company's technology specialization in mature and specialty nodes, particularly in radio frequency, automotive, and IoT applications, creates switching costs for customers who have invested significant time and resources in design qualifications. With 90% of recent design wins being sole-sourced opportunities, GlobalFoundries demonstrates strong customer stickiness in its chosen market segments. However, the moat faces significant challenges. The company operates in a highly capital-intensive industry with substantial barriers to entry but also faces intense competition from larger, more advanced competitors like TSMC and Samsung. GlobalFoundries' decision to exit leading-edge node development limits its addressable market and pricing power compared to foundries that manufacture the most advanced processors for smartphones and data centers. The competitive threat comes primarily from Asian foundries that offer lower costs and more advanced process technologies, and from potential new entrants supported by government subsidies in various countries seeking semiconductor manufacturing independence. Additionally, some large customers may choose to bring manufacturing in-house or develop alternative supply sources, potentially reducing dependence on external foundries.
Risks & safety
GlobalFoundries demonstrates a strong financial position with solid liquidity and manageable debt levels: • Cash position: $1.6 billion in cash and short-term investments as of Q1 2025, providing substantial liquidity buffer • Debt levels: Debt-to-equity ratio of 0.15, indicating conservative leverage with minimal solvency risk • Current ratio: 2.51, showing strong ability to meet short-term obligations • Free cash flow: Generated $1.1 billion in 2024 and expects to exceed $1 billion in 2025, demonstrating strong cash generation capability • Valuation metrics: Trading at P/E of 24.3x and EV/EBITDA of 10.2x based on recent profitable quarters, suggesting reasonable but not cheap valuation • Additional considerations: Company has $1 billion undrawn credit facility and has received $1.5 billion in proposed CHIPS Act funding, providing additional financial flexibility
Recent development
Over the past few years, GlobalFoundries has executed several strategic initiatives to strengthen its market position and diversify its technology portfolio. The company completed the acquisition of Tagore Technologies' gallium nitride (GaN) power business, expanding its capabilities in power semiconductors to target the growing electric vehicle and power management markets with an estimated $1.6 billion serviceable addressable market by 2030. The company has been expanding its U.S. manufacturing capabilities through technology transfers to its Malta, New York facility and has secured $1.5 billion in proposed funding from the U.S. Department of Commerce under the CHIPS Act. This positions GlobalFoundries to benefit from the trend toward onshore semiconductor manufacturing and supply chain diversification. Leadership transitions have marked recent developments, with Tim Breen becoming CEO in April 2025, Thomas Caulfield transitioning to Executive Chairman, and the appointment of a new President and COO structure. The company has also been investing heavily in advanced packaging technologies and silicon photonics, particularly for data center applications and co-packaged optics solutions. Strategic focus has shifted toward "Essential Chip Technology" strategy, emphasizing differentiated technologies in high-growth segments rather than competing in leading-edge processes. The company has secured significant design wins in automotive microcontrollers, RF technologies for 5G and WiFi 7, and is positioning for potential AI inference workloads using its 14nm technology platform.
GFS company profile · for informational purposes only — not investment advice.
Track GFS with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free