GlobalFoundries Shares Rise After Swing to 4Q Profit

Dow Jones

Feb 11

By Rob Curran

Shares of GlobalFoundries rose premarket after the chip maker swung to a fourth-quarter profit and posted revenue ahead of Wall Street expectations.

The semiconductor foundry, which makes chips for use in cars and other specialist applications, swung to a profit of $199 million, or 36 cents a share from a loss of $730 million, or $1.32 a share, a year earlier. Earnings were in line with the average Wall Street peg, based on a FactSet tally.

Fourth-quarter revenue was unchanged from a year earlier at $1.83 billion, topping the average analyst forecast of $1.803 billion, as per FactSet.

Shares rose 6% to $44.40 premarket on Wednesday.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

February 11, 2026 09:52 ET (14:52 GMT)

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Earnings were in line with the average Wall Street peg, based on a FactSet tally. \n\n\n  Fourth-quarter revenue was unchanged from a year earlier at $1.83 billion, topping the average analyst forecast of $1.803 billion, as per FactSet. \n\n\n  Shares rose 6% to $44.40 premarket on Wednesday. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 11, 2026 09:52 ET (14:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}