Stifel Initiates Coverage On GLOBALFOUNDRIES with Buy Rating, Announces Price Target of $60

GlobalFoundries, RAAAM Memory Technologies Collaborates To Develop, Qualify Gain-Cell RAM Technology

GlobalFoundries (GF) (NASDAQ:GFS) and RAAAM Memory Technologies, a pioneer in advanced on-chip memory solutions, today announced a strategic collaboration to develop and qualify Gain-Cell RAM (GCRAM) technology. The

Navitas Semiconductor, In Partnership With GlobalFoundries, To Begin First Shipments Of 5th Generation Of GaNFast Tech In Sept.

Combining Navitas’ proprietary Gen 5 GaNFast™ technology and expertise with GlobalFoundries’ advanced U.S. 200mm manufacturing and process baseline strengthens U.S. leadership in GaN and secures the domestic supply

Shares of semiconductor and chip companies are trading lower, possibly after Federal Reserve Chairman Warsh's comments on inflation and prices raised rate-hike concerns. The sector may be facing pressure from peer Marvell Technology, as the company pulls back after its FY28 guidance may have failed to meet investor expectations.