The latest update is out from GlobalFoundries Inc ( (GFS) ).
On April 29, 2025, GlobalFoundries Inc. announced the election of Marc Antaki to its board of directors, replacing Ahmed Yahia as a Mubadala nominee. Mr. Antaki, currently serving as Deputy Chief Strategy and Risk Officer at Mubadala Investment Company, will also join the Board’s People and Compensation Committee. This change is part of a strategic alignment with Mubadala, the company’s majority shareholder, and reflects a seamless transition as Mr. Yahia’s resignation was planned and amicable.
Spark’s Take on GFS Stock
According to Spark, TipRanks’ AI Analyst, GFS is a Neutral.
GlobalFoundries’ stock score reflects a mixed financial performance with profitability challenges offset by strong cash flow management. While technical analysis indicates bearish trends, the company’s guidance suggests potential recovery in revenue and margins. Valuation concerns persist due to negative earnings. Overall, the stock shows potential for improvement, but significant risks remain.
To see Spark’s full report on GFS stock, click here.
More about GlobalFoundries Inc
GlobalFoundries Inc. operates in the semiconductor industry, focusing on the production of integrated circuits and other semiconductor devices. The company serves a global market, providing advanced manufacturing capabilities to a wide range of technology sectors.
YTD Price Performance: -17.07%
Average Trading Volume: 2,528,178
Technical Sentiment Signal: Buy
Current Market Cap: $19.48B
Learn more about GFS stock on TipRanks’ Stock Analysis page.
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