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0.000477326968973822 0.0014319809069213 0.00119331742243447 0.00107398568019097 0.00715990453460631 0.00715990453460631 0.00715990453460631 0.00715990453460631
Stock impact report

Citi Updates GlobalFoundries (GFS) Valuation Model to 2027 Estimates From 2026 [Yahoo! Finance]

GlobalFoundries Inc. (GFS) 
Company Research Source: Yahoo! Finance
target on GlobalFoundries to $42 from $35 with a Neutral rating on the shares. As part of this update, the firm rolled forward its valuation model to 2027 estimates, shifting from 2026. In other news, on January 14, GlobalFoundries Inc. (NASDAQ:GFS) executed a definitive agreement to acquire Synopsys Inc.'s (NASDAQ: SNPS ) ARC Processor IP Solutions business, including its engineering and design teams. This is a strategic move designed to accelerate the physical AI roadmaps for both GF and MIPS while strengthening capabilities in custom silicon solutions. Photo by Robb Miller on Unsplash The acquisition encompasses the ARC-V, ARC-Classic, ARC VPX-DSP, and ARC NPX NPU product lines, as well as application-specific instruction set processor tools like ASIP Designer and ASIP Programmer. Upon closing, these assets will be integrated with MIPS, which is a GlobalFoundries company, to provide a processor IP suite tailored for physical AI. This expanded offering is intended to enhance c Show less Read more
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