StocksMedium•5 November 2026•
1 min read
GlobalFoundries Beats Q3 Estimates and Plans $21 Billion Japan Expansion
Key Facts
1GlobalFoundries reported adjusted Q3 EPS that beat estimates alongside improving profit margins.
2The company issued 9.9 million shares to the US government to facilitate major deals, including a $21 billion expansion in Japan.
3Company guidance implies a full-year adjusted P/E of 20.4 with robust demand in AI and data center segments.
GlobalFoundries reported adjusted Q3 earnings per share that beat estimates alongside improving profit margins. Seeking Alpha reported that the company issued 9.9 million shares to the US government to facilitate major deals, including a $21 billion strategic expansion in Japan.
GlobalFoundries closed at $40.34 on November 4, 2026, supported by robust demand in the AI and data center segments. Company guidance implies a full-year adjusted P/E of 20.4, while the stock traded between a low of $39.03 and a high of $42.2 on November 4, 2026.