GlobalFoundries outlines long-term growth and first dividend
The company targets returning up to 50% of free cash flow to shareholders through dividends and buybacks.
See the latest news and media coverage for GlobalFoundries. We track all announcements, press releases, and industry mentions in real time, all in one place.
Manufacturer of essential semiconductors
gf.comLast updated
In short: GlobalFoundries exceeded Q1 revenue expectations, hitting $1.6 billion, and introduced its first quarterly dividend during its 2026 Investor Day.
The company targets returning up to 50% of free cash flow to shareholders through dividends and buybacks.
Revenue of $1.634B, gross margin 27.6%, net income $104M.
The lawsuits allege infringement of 11 GF patents and seek injunctive relief and damages.
The offering is for 20M shares from Mubadala, and GF will repurchase $300M shares.
On May 19, 2026, GlobalFoundries GF announced its investment in Playground Global's fourth fund through its GF Accelerate program, marking a strategic move to deepen...
On May 19, 2026, Evercore ISI Group maintained an "Outperform" rating for GLOBALFOUNDRIES (GFS). The price target for the stock has been raised significantly fr...
Globalfoundries chief legal officer sells $37,410 in shares...
The dividend payments expected to be paid in July are a sign of the Malta-based chipmaker's success in making chips for artificial intelligence, data centers...
Track GlobalFoundries and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to GlobalFoundries and other trending companies.