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    Home»News»GlobalFoundries trades lower on weak Q3 revenue guidance (GFS:NASDAQ)
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    GlobalFoundries trades lower on weak Q3 revenue guidance (GFS:NASDAQ)

    Press RoomBy Press RoomAugust 5, 2025No Comments1 Min Read
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    GlobalFoundries headquarters in Silicon Valley

    Sundry Photography/iStock Editorial via Getty Images

    GlobalFoundries (NASDAQ:GFS) was trading lower on the back of a weak third-quarter revenue outlook, despite second-quarter results beating Wall Street consensus.

    Shares were -11.94% during Tuesday morning trade to $31.86.

    The semiconductor manufacturer reported Q2 non-GAAP EPS of $0.42, which beats by $0.06, and

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