TSMC and Samsung explore building advanced chip factories in UAE [Yahoo! Finance]
GlobalFoundries Inc. (GFS)
Company Research
Source: Yahoo! Finance
preliminary discussions to establish advanced semiconductor manufacturing facilities in the United Arab Emirates (UAE), reports the Wall Street Journal These talks aim to address the growing demand for artificial intelligence (AI) computing capabilities. According to the report, executives from TSMC have visited the UAE to explore the possibility of creating a plant complex that could match their sophisticated operations in Taiwan. Samsung, hailing from South Korea, has also dispatched representatives to the Middle Eastern nation to discuss potential new ventures. Although these discussions are at an initial stage, and the projects may not materialise due to various challenges, the scale of the proposed developments could see investments exceeding $100bn. Samsung has not issued any comments on the matter. In contrast, TSMC stated that it is currently concentrating on its exiting expansion projects , which are located in the US, Japan, and Germany, and has no new investment
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
- Qualcomm reportedly approached Intel about a takeover. Analysts say they could face political scrutiny and 'little overlap.' [Business Insider]Business Insider
- GlobalFoundries Inc. (NASDAQ:GFS): A Chip Stock Powering The AI Boom [Yahoo! Finance]Yahoo! Finance
- GlobalFoundries' Compounding Mistake Against Taiwan Semi Haunts Outlook [Seeking Alpha]Seeking Alpha
- GlobalFoundries: AI, Inventory Stabilizing And Chip Onshoring [Seeking Alpha]Seeking Alpha
- GlobalFoundries, Silicon Catalyst partner for differentiated tech solutions [Seeking Alpha]Seeking Alpha
GFS
Earnings
- 8/6/24 - Beat
GFS
Sec Filings
- 9/9/24 - Form 6-K
- 8/7/24 - Form 144
- 8/6/24 - Form 6-K
- GFS's page on the SEC website