GlobalFoundries reports Q3 2026 revenue growth and strong non-IFRS profit amid new U.S. semiconductor fab projects.

GlobalFoundries announced Q3 2026 results with revenue of $1.899 billion, a 13% increase year-over-year, and a non-IFRS net income of $298 million despite an IFRS net loss of $270 million due to a $441 million non-cash charge. The company highlighted strong growth in communications infrastructure, data center, automotive, and IoT markets, driven by AI-related demand. Key developments include being selected to operate two new semiconductor fabs in New York under a U.S.-Japan initiative with $21 billion funding, and agreements to expand advanced manufacturing capacity. The company expects continued growth with Q4 2026 revenue guidance around $2 billion and improved margins.

GlobalFoundries shares are up 2.35% at USD 43.90 on Pluang, showing strong investor interest following their Q3 results. The stock's market cap stands at $23.91 billion as of Nov 04, 2026 19:12 WIB.