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DBS Downgrades GlobalFoundries(GFS.US) to Hold Rating, Maintains Target Price $48.5
Analysts Offer Insights on Technology Companies: GlobalFoundries Inc (GFS) and Tokyo Electron (OtherTOELY)
The AI 'arms race' triggers a semiconductor rally, with NVIDIA posting its strongest surge in nearly 10 months, propelling the Dow Jones Industrial Average toward the 50,000 mark!
Last week, Meta announced that its full-year capital expenditure could rise to as much as $135 billion, representing a potential increase of 87%. During the same period, Microsoft reported a 66% year-over-year increase in capital expenditure for the second fiscal quarter, with analysts forecasting its capital expenditure for the fiscal year ending June to approach $105 billion. This week, Google and Amazon disclosed even higher figures for capital expenditure, further intensifying the arms race surrounding artificial intelligence. Google plans to invest up to $185 billion this year, while Amazon announced a capital expenditure plan of $200 billion by 2026.
Nvidia Leads Chip Stocks Higher as Broader Market Gains After Software Sell-off
Semiconductor Sales to Reach Nearly $1T Globally in 2026
Earnings Preview: GFS to Report Financial Results Pre-market on February 11
$GlobalFoundries(GFS.US)$ is scheduled to release its financial results pre-market on February 11 ET. Earnings PreviewAnalysts estimate $GlobalFoundries(GFS.US)$ to post revenue of USD1.80B for 2025Q4