GlobalFoundries Inc. (GFS)

GlobalFoundries launches Quantum Technology Solutions to scale U.S. manufacturing, backed by a $375M U.S. Commerce Dept award.

GlobalFoundries Inc. (NASDAQ:GFS) is one of the best multibagger stocks to buy in 2026. On May 21, GlobalFoundries launched Quantum Technology Solutions to scale domestic manufacturing for utility-scale quantum computing. The new business will manufacture complete hardware solutions (including ...

Dips toward the mid‑$80s kept getting bought, and GFS pushed back toward the high of the day into the close. That pattern tells traders real demand is behind the move, not just a morning headline spike. XRX Stock Surges As Earnings Beat And New Stake Fuel Turnaround Hopes

The combination of a transformative ... for GFS today. The companies receiving quantum funding are working to develop specialized chips for quantum computing, a focus for the government as it seeks to strengthen domestic supply chains, positioning GlobalFoundries at the center of what could become a…

On earnings, GFS posted Q1 adjusted EPS of $0.40 versus the $0.35 FactSet estimate, plus modest year‑over‑year revenue growth. Management then told the market to expect Q2 non‑IFRS EPS of $0.38–$0.48, bracketing and slightly topping the $0.41 consensus at the midpoint. The stock responded ...