GlobalFoundries Inc.

• GFS Stock Price 24h change: -0.70%. From 41.53 USD to 41.24 USD. The slight decline followed a period of strong gains (up ~12% in the last 30 days), reflecting a minor consolidation as investors balance positive news regarding a major IP acquisition against broader market tech volatility.
• From a technical perspective, GFS maintains a "short-term neutral, medium-term bullish" stance. The stock is currently trading above its 50-day ($36.78) and 200-day ($35.94) moving averages, indicating a strong underlying trend. However, an RSI near 52 and a "Sell" signal on short-term 5-day averages suggest a temporary pullback or sideways movement as it approaches resistance near the $42 level.
• GlobalFoundries announced a definitive agreement to acquire Synopsys' ARC processor IP solutions business, aiming to enhance its automotive and IoT design capabilities and expand its technology portfolio for high-growth markets.
• The company recently appointed Ganesh Moorthy, former CEO of Microchip Technology, to its board of directors, adding significant semiconductor industry leadership experience as it scales its global manufacturing footprint.
• Micron Technology officially broke ground on its $100 billion mega-fab project in New York on January 16, 2026, marking a massive domestic investment in advanced memory production and signaling long-term growth for the U.S. semiconductor ecosystem.
• TSMC raised its 2026 capital expenditure guidance to a range of $52–$56 billion, reflecting immense confidence in sustained AI-driven demand and triggering a positive sentiment ripple across the broader foundry and equipment supplier sectors.

• GFS Stock Price 24h change: +0.43%. Closed at 41.53 USD on Jan 15, 2026. The slight uptick was driven by the strategic appointment of semiconductor veteran Ganesh Moorthy to the Board of Directors and news of acquiring Synopsys' ARC Processor IP business.
• Technical Analysis: GFS is showing a "bullish consolidation" pattern. Key indicators include an RSI of 66.96 (approaching overbought) and a positive MACD of 1.10. While long-term moving averages (50-day and 200-day) remain supportive of an uptrend, short-term momentum oscillators like STOCHRSI suggest potential overextension, signaling a possible near-term breather before further gains.
• GlobalFoundries announced a definitive agreement to acquire Synopsys' ARC Processor IP Solutions business to accelerate its "Physical AI" and custom silicon roadmap.
• Semiconductor industry veteran Ganesh Moorthy, former CEO of Microchip Technology, was appointed to GlobalFoundries' Board of Directors to strengthen long-term execution.
• Wedbush recently adjusted its outlook on GFS to Neutral with a $40 price target, citing a balanced risk-reward profile following the stock's year-to-date recovery.
• The U.S. and Taiwan finalized a historic $250 billion trade deal on Jan 15, 2026, slashing tariffs to 15% and facilitating massive investments in U.S.-based semiconductor manufacturing.
• TSMC reported strong Q4 results with a 35% profit surge and significantly raised its 2026 capital expenditure guidance to $52-$56 billion, underscoring persistent demand for AI-driven chip capacity.