GlobalFoundries Completes Strategic Acquisition of Synopsys' AI Processor IP Business
Reported by Dow Jones Newswires
Sentiment
Positive
Importance
8
Price
$80.9
Mkt Cap
$44.474B
52W Low
$31.51
52W High
$92.55
Market data snapshot near publication time
Summary
GlobalFoundries has completed the acquisition of Synopsys' Processor IP Solutions Business. This strategic move aims to establish a holistic technology platform for physical AI, enhancing GFS's capabilities and offerings in a high-growth market. The acquisition strengthens GlobalFoundries' intellectual property portfolio and competitive position in the semiconductor industry, particularly in advanced AI applications.
At the time of this announcement, GFS was trading at $80.90 on NASDAQ in the Technology sector, with a market capitalization of approximately $44.5B. The 52-week trading range was $31.51 to $92.55. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.
Price Chart
GFS - Latest Insights
GFS
Jun 02, 2026, 8:30 AM EDT
Price at Filing:
$80.90
Real-time Price:
$81.90
Change:
+$1.00 (+1%)
Market Cap:
$44.63B
GFS
May 26, 2026, 9:43 PM EDT
Price at Filing:
$83.74
Real-time Price:
$81.90
Change:
-$1.84 (-2%)
Market Cap:
$44.63B
GFS
May 07, 2026, 11:23 AM EDT
GLOBALFOUNDRIES Initiates First-Ever Quarterly Dividend and Unveils New Capital Allocation Framework
Price at Filing:
$73.77
Real-time Price:
$81.90
Change:
+$8.13 (+11%)
Market Cap:
$44.63B
GFS
May 05, 2026, 7:08 AM EDT
Price at Filing:
$71.50
Real-time Price:
$81.90
Change:
+$10.40 (+15%)
Market Cap:
$44.63B
GFS
May 05, 2026, 7:06 AM EDT
Price at Filing:
$71.68
Real-time Price:
$81.90
Change:
+$10.22 (+14%)
Market Cap:
$44.63B
GFS
May 05, 2026, 7:05 AM EDT
Price at Filing:
$72.31
Real-time Price:
$81.90
Change:
+$9.59 (+13%)
Market Cap:
$44.63B
GFS
May 04, 2026, 8:30 AM EDT
Price at Filing:
$69.69
Real-time Price:
$81.90
Change:
+$12.21 (+18%)
Market Cap:
$44.63B
GFS
Mar 30, 2026, 11:00 PM EDT
Price at Filing:
$41.35
Real-time Price:
$81.90
Change:
+$40.55 (+98%)
Market Cap:
$44.63B
GFS
Mar 26, 2026, 10:05 AM EDT
Price at Filing:
$45.69
Real-time Price:
$81.90
Change:
+$36.21 (+79%)
Market Cap:
$44.63B
GFS
Mar 12, 2026, 4:42 PM EDT
Price at Filing:
$41.63
Real-time Price:
$81.90
Change:
+$40.27 (+97%)
Market Cap:
$44.63B