Globalfoundries stock jumps on US govt's $1.5-billion grant to boost chip production
Globalfoundries Inc (NASDAQ:GFS) closed at 3.88. Pre-market trading tends to exhibit heightened volatility due to lower trading volume outside standard hours. US govt grant of 1.5 billion grant to GlobalFoundaries to bolster semiconductor production and fortify the supply chain in the U.S. has impacted the stock’s trajectory. In addition to the sizable gran ...