25 stories found
The U.S. government announced a $2 billion investment in several quantum computing companies, including IBM, D-Wave, and Rigetti, while also taking equity stakes in these firms. This initiative aims to boost America's lead in quantum technology.
GLOBALFOUNDRIES (GFS) has announced the launch of a new dividend and a revised capital return framework.
GlobalFoundries received an upgrade from Susquehanna analysts following the release of strong financial results and a positive outlook for the second quarter.
Multiple companies have released their recent financial performance, detailing GAAP or Non-GAAP earnings per share and revenue figures. These reports indicate whether the companies met, beat, or missed analyst expectations for their latest reporting period.
UniCredit Bank has announced a record quarterly profit, with its net profit in Czechia and Slovakia also seeing a significant increase. This financial performance highlights strong investment income for the banking group.
GlobalFoundries received an upgrade from Cantor Fitzgerald ahead of its investor day, where the company also unveiled new packaging solutions. The positive analyst sentiment reflects confidence in its future prospects.
GlobalFoundries has initiated patent infringement lawsuits against Tower Semiconductor, alleging violations of its intellectual property.
GlobalFoundries and Renesas Electronics have announced a multi-billion-dollar partnership focused on the semiconductor supply chain.
Meta, Broadcom, Applied Materials, GlobalFoundries, and Synopsys are collaborating to establish a $125 million 'Semiconductor Hub' at UCLA.
GlobalFoundries is in focus after Susquehanna analysts highlighted the company's strong earnings potential.
A summary of the top research calls from Wall Street analysts for various companies, including Advanced Micro Devices, American Eagle Outfitters, and Palantir Technologies, was released on Wednesday.
GlobalFoundries shares increased following the company's better-than-expected second-quarter outlook.
AI company Anthropic has launched a $1.5 billion enterprise AI firm in partnership with major Wall Street backers including Blackstone and Goldman Sachs. The new venture aims to provide AI services to businesses, dubbed by some as the "McKinsey of AI."
GLOBALFOUNDRIES (GFS) has landed a strategic role in Apple's upcoming semiconductor initiatives, indicating a significant partnership.
GlobalFoundries has priced a 20 million secondary offering at $42 per share and simultaneously initiated a $300 million stock repurchase program.
Lumentum is gaining attention as GF (GlobalFoundries) has raised its target for the company, citing rising growth prospects.
GlobalFoundries has announced an investment in Playground Global Fund IV through its GF Accelerate program.
New analyst reports have been released, providing detailed insights and evaluations for the performance of GlobalFoundries Inc. and Shopify Inc.
GlobalFoundries has issued an optimistic forecast for its second quarter, attributing the positive outlook to strong demand from the data center sector. The company anticipates robust performance driven by this market segment.
GlobalFoundries has unveiled a new technology designed to enhance the use of co-packaged optics in AI data centers, aiming to alleviate the growing bottleneck in AI development.
GlobalFoundries has filed a lawsuit against Tower Semiconductor, alleging patent infringement.
GlobalFoundries has launched a secondary offering of 20 million shares and plans a $300 million share buyback program.
UBS has raised its price target for GLOBALFOUNDRIES Inc. (GFS) to $50, maintaining a Neutral rating.