Globalfoundries (GFS) Hits New High on Swing to Profits

Group 1 - Globalfoundries Inc. (NASDAQ:GFS) achieved a net income of $888 million in 2025, a significant turnaround from a net loss of $262 million in 2024, reflecting a 439 percent year-on-year improvement [2][3] - The company's net revenues increased slightly by 1 percent to $6.79 billion in 2025 from $6.75 billion in 2024, indicating stable revenue performance despite the profitability shift [2] - In Q4 2025, Globalfoundries reported a net income of $200 million, reversing a $729 million net loss from the same quarter the previous year, while revenues remained flat at $1.83 billion [2][3] Group 2 - Following the earnings results, Globalfoundries' share price surged to an intra-day high of $48.88, closing up 16.32 percent at $48.74 [3] - The company announced a share buyback program worth $500 million aimed at enhancing shareholder value, which will be executed over a 12-month period [3][4]