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Investing.com -- Xanadu Quantum Technologies Ltd (NASDAQ:XNDU) shares rose 17% in Tuesday trade following the announcement of a strategic multi-year partnership with GlobalFoundries Inc (NASDAQ:GFS) to develop high-volume production capabilities for utility-scale quantum computing. Before you buy NVIDIA: our AI model's stock picks are …
Xanadu Quantum Technologies and GlobalFoundries strike a multiyear partnership to build quantum hardware components. Continue Reading
Xanadu and GlobalFoundries have announced a multi-year partnership to develop and manufacture photonic components for utility-scale quantum computing. This collaboration will initially focus on industrializing Xanadu’s superconducting nanowire single-photon detectors and ultra-low-loss silicon nitride photonics using GF’s 300 mm production line. The goal is …
TORONTO, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu"; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced a strategic multi-year partnership with GlobalFoundries (GF), a leading semiconductor manufacturer, to address the high-volume production required for utility-scale quantum computing. This …
GlobalFoundries has activated a large solar array and battery storage system at its Essex Junction campus. This initiative aims to reduce demand on the power grid and decrease electricity costs for the facility. The system is designed to provide energy independence and efficiency.
GlobalFoundries has unveiled a new solar generation project and Vermont's largest battery energy storage system at its Essex Junction campus. This initiative, which includes six megawatts of solar power and a 16-megawatt battery system, aims to manage energy costs, reduce demand on the regional …
BNP Paribas downgraded GlobalFoundries (GFS) due to their belief that the semiconductor foundry's growth drivers are already "priced in" to its stock. Despite the downgrade, the investment firm expressed optimism regarding GlobalFoundries' growth plan and its ability to diversify into higher-margin sectors like optical, …
BNP Paribas Exane analyst Karl Ackerman downgraded GlobalFoundries Inc. (NASDAQ: GFS) from Outperform to Neutral. The article mentions a price target but the specific value is behind a paywall. The full details of the analysis are available only to premium subscribers of StreetInsider.com.
GlobalFoundries received a $300 million CHIPS Research and Development award from the U.S. Department of Commerce to advance silicon photonics technologies essential for AI infrastructure. This funding aims to boost U.S. research in optical materials, wafer technologies, and advanced packaging. Nvidia CEO Jensen Huang …
GLOBALFOUNDRIES' Chief Legal Officer, Samak L. Azar, sold 335 ordinary shares on October 1, 2026, at $47.92 per share, as part of a Rule 10b5-1 trading plan. Following this transaction, Azar directly holds 8,794 shares of the company. The sale, valued at approximately $16,000, …
GlobalFoundries (GFS) has scheduled its third-quarter 2026 results call for November 4, 2026. Stifel maintained its Buy rating and a $60.00 price target for the stock. The announcement follows a strong second-quarter performance with revenues up 5.80% year-over-year, and analysts anticipate continued growth in …
Globalfoundries' Chief People Officer, Pradheepa Raman, sold 2,145 ordinary shares for $104,740 on September 28, 2026, as part of a Rule 10b5-1 trading plan. This transaction followed the vesting of restricted stock units and withholding of shares for tax obligations. The company recently expanded …
GlobalFoundries is currently focused on maximizing the use of its existing semiconductor manufacturing facilities in Malta and other locations. This strategy is in preparation for determining the optimal timing to begin construction on a second planned fabrication plant at its Saratoga County campus. The …
This article from Investing.com reports the filing of a Form 4 by GlobalFoundries Inc. for September 30. Form 4 filings are legally required documents submitted to the SEC by company insiders, detailing changes in their ownership of the company's stock. The article itself contains …
GlobalFoundries Inc. MALTA, N.Y., Sept. 30, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Wednesday, November 4, 2026, at 8:30 a.m. ET following the release of the company's third quarter 2026 financial results. Conference Call …
GLOBALFOUNDRIES Chief People Officer Raman Pradheepa sold 2,145 ordinary shares for $48.83 each on September 28, 2026, under a Rule 10b5-1 trading plan. Additionally, 2,222 shares were withheld by the company on September 25, 2026, to cover tax obligations related to the vesting of …
GLOBALFOUNDRIES has climbed 34.1% over the past year, bringing the focus onto whether the cash the business can generate really supports that move. With the share price at US$47.86 as of the last close, the question now is how that market tag compares with …
GLOBALFOUNDRIES (GFS) has drawn fresh attention after recent trading left the share price at US$47.86. Investors are weighing this level against the company's reported US$6.9b in revenue and US$716 million in net income. That recent move to US$47.86 comes after a 30-day share price …
On September 9, GLOBALFOUNDRIES Inc. (NASDAQ:GFS) and Monolithic Power Systems, Inc. (NASDAQ:MPWR) announced a long-term manufacturing agreement to deploy MPS's proprietary process technology to GF's 300mm facility in Singapore. The partnership expands manufacturing capacity for critical power management solutions, targeting high-growth markets by early …
GlobalFoundries (GF) is investing significantly in photonics to meet the strong demand for optical modules from Chinese data centers. The company has acquired InfiniLink and Advanced Micro Foundry to scale its photonics capabilities and is expanding its manufacturing footprint in China while also increasing …
GlobalFoundries, a US contract chipmaker, is observing strong demand for Chinese optical modules, driven by the ongoing data center construction boom and the surging need for AI infrastructure. The company is expanding its presence in China to better serve its domestic clients, with its …
A former GlobalFoundries Singapore manager, Leong Ing Wah, is suing the company for wrongful dismissal, seeking at least $528,000 for loss of earnings due to mental distress. Leong was sacked in 2023 during a corruption investigation, from which he was later cleared by the …
Samak L. Azar, Chief Legal Officer at GLOBALFOUNDRIES Inc., sold 335 ordinary shares for a total of $15,316 on September 24, 2026, pursuant to a Rule 10b5-1 trading plan. The company's stock has since risen to $49, reflecting a 41% year-to-date return, and multiple …
GLOBALFOUNDRIES' Chief Legal Officer, Samak Azar, sold 335 shares of the company on September 24, 2026, adding to a year-long pattern of insider selling, totaling 10,865 shares with no purchases. Despite this, the stock is considered "Fairly Valued" by GuruFocus's GF Value at $45.72, …
GLOBALFOUNDRIES' Chief Legal Officer, Azar Samak L, sold 335 Ordinary Shares at $45.72 per share on September 24, 2026. This transaction was conducted under a Rule 10b5-1 trading plan and left him with 9,129 Ordinary Shares. The sale was reported as a direct ownership …
GlobalFoundries plans to accelerate global capacity optimization and expansion, driven by exponential growth in radio frequency and other chips fueled by the AI boom. Singapore will play a vital role in this expansion, alongside optimizations across its manufacturing sites. The company also plans to …
GlobalFoundries (GFS) stock has increased by 46.4% over the past year, largely driven by a 62% year-over-year rise in its data center revenue in Q2 2026. This growth, fueled by partnerships for high-speed optical connections in data centers and AI workloads, positions the company …
GlobalFoundries (GFS) is expanding its silicon germanium (SiGe) manufacturing capacity through a multi-year agreement with Marvell Technology (MRVL). This expansion aims to meet the increasing demand for high-speed optical connectivity, driven by the growth of artificial intelligence and cloud data centers. The company faces …
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