GLOBALFOUNDRIES issued 9.9 million shares to the US government, causing dilution but enabling major deals like a $21 billion expansion in Japan. The company beat Q3 EPS estimates and projects a full-year adjusted P/E of 20.4, driven by strong demand in AI and data centers. Investors should be patient as transformative projects such as the Japan expansion will not impact earnings until 2029 or later.
GLOBALFOUNDRIES' recent share issuance to the US government supports its ambitious expansion plans, including a $21 billion project in Japan. On Pluang, GFS shares trade at USD 39.09, down 3.10% as of Nov 05, 2026 20:31 WIB, with a market cap of $22.49 billion. Despite the current price drop, the company maintains a dividend yield of 1.19%, reflecting ongoing investor interest in its technology sector prospects.
