GlobalFoundries Inc. (NASDAQ: GFS - Get Free Report) insider Samak Azar sold 500 shares of the firm's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $42.96, for a total transaction of $21,480.00. Following the completion of the sale, the insider directly owned 18,494 shares of the company's

GlobalFoundries Inc. (NASDAQ: GFS - Get Free Report) insider Michael James Hogan sold 1,800 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $45.04, for a total transaction of $81,072.00. Following the sale, the insider owned 20,945 shares of the company's stock, valued at approximately

The lawsuits allege that Tower infringed on 11 GlobalFoundries' patents in the U.S.

GlobalFoundries on ​Thursday said it has sued Israel-based rival ‌Tower Semiconductor , alleging that Tower Semiconductor infringed on 11 GlobalFoundries patents that relate to manufacturing chips that go ​into smart phones and other electronic ​devices.

Multiple U.S. patent lawsuits filed to halt unlawful importation and sale of semiconductors infringing GF's patented technologies Multiple U.S. patent lawsuits filed to halt unlawful importation and sale of semiconductors infringing GF's patented technologies

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Globalfoundries Inc. remains rated Hold as current valuation already reflects improving profitability and AI-driven photonics exposure. GFS's capital allocation balances a secondary share offering with buybacks, while rising capex supports packaging expansion amid ongoing industry transitions. AI data center demand is driving optical networking growth, but GFS faces execution risks in advanced packaging and stiff competition in SiGe and power solutions.

U.S. stock futures fell on Thursday following Wednesday's mixed close. Futures of the major benchmark indices were lower.

MALTA, N.Y., March 11, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced the pricing of a secondary public offering of 20,000,000 ordinary shares to the public at a price to the public of $42.00 per share and $300 million of ordinary shares to be repurchased by GF, as described below. All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its affiliates, is GF's largest shareholder). The Selling Shareholder has also granted the underwriters a 30-day option to purchase up to an additional 3,000,000 of GF's ordinary shares (equal to 15% of the initial ordinary shares being sold to the public) at the public offering price minus underwriting discounts and commissions. The offering is expected to close on March 13, 2026, subject to customary closing conditions.

MALTA, N.Y., March 11, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced the launch of a secondary public offering of 20,000,000 ordinary shares to the public and approximately $300 million of ordinary shares to be repurchased by GF, as described below. All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its affiliates, is GF's largest shareholder). The Selling Shareholder is expected to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 of GF's ordinary shares (equal to 15% of the initial ordinary shares being sold to the public) at the public offering price minus underwriting discounts and commissions.