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GlobalFoundries Inc ( (GFS) ) has issued an update.
On January 15, 2026, GlobalFoundries announced that seasoned semiconductor executive Ganesh Moorthy, the former president and CEO of Microchip Technology, has been appointed to its board of directors with immediate effect. Moorthy’s four decades of experience spanning leadership roles at Microchip and Intel, along with his current board positions at Ralliant, Celanese, SiTime and Ayar Labs, is expected to bolster GF’s strategic execution as it pursues long‑term growth in power‑efficient, differentiated semiconductors and reinforces its positioning as a key manufacturing partner for customers worldwide.
The most recent analyst rating on (GFS) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on GlobalFoundries Inc stock, see the GFS Stock Forecast page.
Spark’s Take on GFS Stock
According to Spark, TipRanks’ AI Analyst, GFS is a Neutral.
GlobalFoundries Inc’s overall stock score is driven by strong technical momentum and positive earnings call highlights, particularly in high-growth areas like silicon photonics and automotive. However, financial performance concerns, especially in profitability and valuation challenges, weigh down the score.
To see Spark’s full report on GFS stock, click here.
More about GlobalFoundries Inc
GlobalFoundries Inc. (GF) is a leading contract manufacturer of essential semiconductors, providing power‑efficient, high‑performance chips for automotive, smart mobile devices, the internet of things, communications infrastructure and other high‑growth markets. With a manufacturing footprint across the U.S., Europe and Asia, GF positions itself as a trusted, secure and sustainable supplier to global customers seeking reliable foundry capacity and differentiated process technologies.
Average Trading Volume: 3,839,441
Technical Sentiment Signal: Buy
Current Market Cap: $22.98B
See more data about GFS stock on TipRanks’ Stock Analysis page.