Samsung announces a new semiconductor facility in Texas [CBS News]
GlobalFoundries Inc. (GFS)
Company Research
Source: CBS News
of chips used in cars, phones, tablets, video game consoles and other electronic devices. "This is the largest foreign direct investment in the state of Texas, ever," Governor Greg Abbott said in announcing the project Tuesday. Samsung said it will start building the plant next year and hopes to begin operations in the second half of 2024. The company chose the site based on government incentives and the "readiness and stability" of local infrastructure, Samsung Vice Chairman Kinam Kim said during a press conference with Abbott. The new facility will boost production of high-tech chips used for 5G mobile communications, advanced computing and artificial intelligence, Samsung said. The is the main factor behind the global chip shortage, according to the Semiconductor Industry Association, a trade group. A surge in coronavirus cases in the Asian nations that produce most chips, combined with a series of disasters including a factory fire and a deep freeze in Texas, has led chipm
Show less
Read more
Impact Snapshot
Event Time:
GFS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GFS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GFS alerts
High impacting GlobalFoundries Inc. news events
Weekly update
A roundup of the hottest topics
GFS
News
- UAE's AI Ambitions Include Making Advanced Semiconductors [BNN Bloomberg (Canada)]BNN Bloomberg
- GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- GLOBALFOUNDRIES Inc. (NASDAQ: GFS) had its price target raised by analysts at Morgan Stanley from $62.00 to $63.00. They now have an "overweight" rating on the stock.MarketBeat
- GLOBALFOUNDRIES Inc. (NASDAQ: GFS) had its price target raised by analysts at Susquehanna from $48.00 to $50.00. They now have a "neutral" rating on the stock.MarketBeat
- GLOBALFOUNDRIES Inc. (NASDAQ: GFS) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
GFS
Earnings
- 5/7/24 - Beat
GFS
Sec Filings
- 5/7/24 - Form 6-K
- 5/7/24 - Form 6-K
- 4/29/24 - Form 20-F
- GFS's page on the SEC website