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via finance.yahoo.comBusiness & Companies

GLOBALFOUNDRIES in focus after earnings beat and AI fab wins

FROM THE WIRE · FINANCE.YAHOO.COM

GLOBALFOUNDRIES reported third quarter 2026 sales of US$1,899 million with record gross margins, guided fourth quarter 2026 revenue to about US$2,000 million and EPS to roughly US$0.47, and its board approved a US$0.12 per share dividend payable in January 2027. The business…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRevenue above expectations and photonics capacity fully booked through 2028 support the company's visibility.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third quarter 2026 sales were $1,899 million with record gross margins.
  2. 02Fourth quarter 2026 revenue guidance is about $2,000 million.
  3. 03AI photonics capacity is reportedly fully booked through 2028.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
GLOBALFOUNDRIES Inc.GFSStock38.62 USDMarket closedtoday +6.22%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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