GFS Stock: Insider Activity, Filings & Research

GLOBALFOUNDRIES Inc. (GFS) — Drillr’s hub for GFS insider activity, SEC filings, earnings signals and AI research. Over the trailing 3 months, GFS insiders filed 0 open-market buys and 21 sales (SEC Form 4).

Sentiment

0/100

Buys (3m)

Sells (3m)

Net (3m)

-$2.1M

Insider trades by month Buys Sells

Mar

Apr

May

Jun

Context3-month price +80.8%Institutions accumulating (13F)

Date	Insider	Type	Shares	Price
Jun 1, 2026	Azar Samak Lofficer: Chief Legal Officer	Sell	335	$80.90
May 29, 2026	Hogan Michael Jamesofficer: Chief Strategy Officer	Sell	2,800	$82.88
May 26, 2026	Azar Samak Lofficer: Chief Legal Officer	Sell	335	$77.99
May 18, 2026	Azar Samak Lofficer: Chief Legal Officer	Sell	500	$74.82
May 15, 2026	Hogan Michael Jamesofficer: Chief Strategy Officer	Sell	2,800	$74.64
May 13, 2026	Vicari Samuelofficer: Chief Customer Officer	Sell	8,692	$75.62
May 11, 2026	Azar Samak Lofficer: Chief Legal Officer	Sell	500	$72.19
May 7, 2026	Hogan Michael Jamesofficer: Chief Business Officer	Sell	500	$70.00
May 5, 2026	Singh Pradip Singh Hardipofficer: Chief Manufacturing Officer	Tax	2,714	$64.60
May 5, 2026	Caulfield Thomasdirector	Grant	146,199	—
May 4, 2026	Azar Samak Lofficer: Chief Legal Officer	Sell	500	$63.00
May 1, 2026	Hogan Michael Jamesofficer: Chief Business Officer	Sell	2,300	$60.69
May 1, 2026	Antaki Marcdirector	Tax	1,792	$59.49
Apr 27, 2026	Azar Samak Lofficer: Chief Legal Officer	Sell	500	$59.66
Apr 22, 2026	Hogan Michael Jamesofficer: Chief Business Officer	Sell	500	$60.00

Source: GFS SEC Form 4 filings, latest Jun 1, 2026. For informational purposes only — not investment advice.

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