Is GlobalFoundries falling behind in the semiconductor race? Find out how broader market trends are affecting this company and its stock. Shares of GlobalFoundries (GFS 1.80%) fell 13.8% in September 2024, according to data from S&P Global Market Intelligence. The chip sector as a whole took a haircut in the first week of September due to geopolitical and economy concerns. Most of the price drops had reversed into modest gains by the end of the month, but this semiconductor manufacturing specialist stayed d ...

JHVEPhoto In November of 2022, I wrote an article praising GlobalFoundries (NASDAQ:GFS) for its growth prospects and positive cash flow at a time when there was a lot of interest in investing in semiconductors. The first few months the stock did pretty well, but then the excess inventories and overcapacity of semiconductors caught up to the industry, leading to a rough 2023. The stock price has really turned around since then, and is now flirting with multi-year lows. Today I want to revisit GlobalFoundries ...

SILICON VALLEY, Calif. and MALTA, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and Silicon Catalyst, the world's only incubator+accelerator focused exclusively on semiconductor solutions, today announced that GF has joined the incubator's semiconductor startup ecosystem as a Strategic Partner and an In-Kind Partner (IKP). The partnership will provide innovative startups with access to GF's differentiated platforms to speed the development and commercialization of next generati ...

SANTA CLARA, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) will kick off its annual Technology Summit series tomorrow, highlighting the critical role of GF-made essential chips in accelerating the impact and ubiquity of artificial intelligence. The theme of "AI Everywhere" will connect the keynotes, panel discussions and deep-dive sessions of GF's annual technology-focused event, which brings together leaders from across the semiconductor industry to share insights on the late ...

GlobalFoundries Inc. (GFS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual ...

财务数据和关键指标变化 - 第二季度收入为16.32亿美元,环比增长5%,但同比下降12% [51] - 毛利率为25.2%,超过了指导范围的中值 [60] - 非IFRS每股收益为0.38美元,超过了指导范围的高端 [66] - 公司在第一半年实现了超过5亿美元的非IFRS调整后自由现金流,有望在2024年实现2023年自由现金流的3倍 [27][68][89] 各条业务线数据和关键指标变化 - 智能移动设备业务收入环比增长12%,同比下降3% [54] - 家用和工业物联网业务收入环比下降5%,同比下降28% [56] - 汽车业务收入环比增长2%,同比增长10% [57][58] - 通信基础设施和数据中心业务收入环比增长28%,同比下降27% [59] 各个市场数据和关键指标变化 - 汽车市场是公司的亮点,2024年全年收入有望实现可观增长 [57][58][144][145][146][147][150] - 智能移动设备市场正在从库存调整中恢复,公司有望从中受益 [54][81][82][83][84] - 物联网市场客户库存水平仍然较高,短期内难以恢复 [56] - 通信基础设施和数据中心市场正在趋于稳定 [59] 公司战略和发展方向及行业竞争 - 公司完成了对Tagore Technologies的GaN功率业务的收购,将有助于拓展公司的功率技术平台 [15][16][17][18][19][20][21][22][23][24] - 公司正在投资升级制造能力,以满足GaN需求的增长 [22] - 公司正在优化制造版图,将技术转移到马耳他工厂,提高制造灵活性 [48][121][122][123][124][125][126][127] - 公司正在与客户建立长期合作关系,为未来增长奠定基础 [130][131][132][133][134][135] 管理层对经营环境和未来前景的评论 - 公司认为行业正处于底部,未来有望逐步复苏,但复苏的时间和幅度因终端市场而有所不同 [79][80][81][82][83][84][85][86] - 人工智能驱动的新应用可能成为行业复苏的催化剂 [82][83][84] - 宏观经济环境的改善,特别是中美两大经济体的复苏,将有助于行业整体复苏 [83][84] 其他重要信息 - 公司第三季度收入指引为17-17.5亿美元,毛利率为23.1%-25.7% [70][71] - 公司全年资本支出预算维持在7亿美元,有望在2024年实现自由现金流大幅改善 [76][87][88][89][90][91] 问答环节重要的提问和回答 问题1 **关于客户长期协议的问题** 提问的内容:公司目前与客户的长期协议情况如何,未来是否会继续签署此类协议 [129] **回答** - 2021年是客户主动要求签署长期协议,以获得供应和价格的确定性 [130][131] - 公司未来可能不会像过去那样要求客户签署长期协议,但某些行业客户如汽车客户仍会更倾向于签署长期协议 [132][133][134][135] - 公司目前仍有约180亿美元的长期协议相关收入 [135] 问题2 **关于毛利率改善的问题** 提问的内容:公司毛利率改善的主要驱动因素是什么,未来如何看待毛利率的变化趋势 [153][154][157][158][159][160] **回答** - 公司毛利率的主要驱动因素是产能利用率的提升 [158][159] - 公司预计在第四季度和2025年,随着产能利用率的进一步提升,毛利率将会有所改善 [158][159][160] - 公司全年毛利率目标仍然在中20%左右,未来有望进一步提升 [158]

GlobalFoundries Inc. (GFS) reported $1.63 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 11.5%. EPS of $0.38 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of +0.89% over the Zacks Consensus Estimate of $1.62 billion. With the consensus EPS estimate being $0.29, the EPS surprise was +31.03%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 31.03%. A quarter ago, it was expected that this company would post earnings of $0.23 per share when it actually produced earnings of $0.31, delivering a surprise of 34.78%. Over the last four quarters, the co ...

业绩总结 - 2024年第二季度净收入为16.32亿美元，同比下降12%[15] - 2024年第二季度非国际财务报告准则调整后息税折旧摊销前利润为6.10亿美元，同比下降9%[15] - 2024年第二季度毛利润为3.95亿美元，同比下降26%[15] - 2024年第二季度非国际财务报告准则毛利率为25.2%，同比下降440个基点[15] - 2024年第二季度稀释每股收益为0.28美元，同比下降35%[15] - 2024年第二季度自由现金流为3.02亿美元，较2023年第二季度的1.46亿美元增长约106%[27] 用户数据 - 2024年第二季度wafer出货量为517千片，同比下降10%[15] - 智能移动设备市场2024年第二季度收入为7.62亿美元，同比下降3%[16] - 通信基础设施与数据中心市场2024年第二季度收入为1.54亿美元，同比下降27%[16] - 汽车市场2024年第二季度收入为2.70亿美元，同比增长10%[16] 未来展望 - 2024年第三季度净收入预期为17亿至17.5亿美元[20] - 2024年第三季度毛利润预期为3.76亿至4.25亿美元，毛利率中点为23.2%[20] - 2024年第三季度运营利润预期为1.16亿至1.93亿美元，运营利润率中点为9.0%[20] - 2024年第三季度净收入预期为1亿至1.69亿美元，净收入率中点为7.8%[20] 财务状况 - 截至2024年6月30日，现金及现金等价物为21.84亿美元，较2023年12月31日的23.87亿美元下降约4%[23] - 2024年第二季度总资产为179.27亿美元，较2023年12月31日的180.44亿美元下降约1%[23] 历史对比 - 2024年第二季度净收入为1.55亿美元，较2023年同期的2.37亿美元下降约35%[25] - 2023年第二季度净收入为1,845百万美元，较2022年第二季度的1,993百万美元下降7.4%[29] - 2023年第二季度净利润为237百万美元，净利润率为12.8%[29] - 2023年第二季度非国际财务报告准则调整后EBITDA为668百万美元，调整后EBITDA利润率为36.2%[29]

GlobalFoundries Inc. TABLE OF CONTENTS Unaudited Financial Statements Page | --- | --- | |----------------------------------------------------------------------------------------|-------| | | | | | | | Interim Condensed Consolidated Statements of Financial Position | 2 | | Interim Condensed Consolidated Statements of Operations | 3 | | Interim Condensed Consolidated Statements of Comprehensive Income (Loss) | 4 | | Interim Condensed Consolidated Statements of Changes in Equity | 5 | | Interim Condensed Cons ...