Skip to content
GFS
~6 min read · 1,396 words ·updated 2026-04-29 · confidence 68%

Stock price history — GlobalFoundries

As of: 2026-04-29 (last close 2026-04-28: $59.49)

Data source: companies/gfs/data/STOCK_PRICE_DATA.json (current snapshot ✓) and companies/gfs/data/price_history.json (1,128 daily bars from 2021-10-28 through 2026-04-28 ✓). Auto-refreshed on /refresh cycle.

Confidence legend: ✓ verified-primary · ◐ partial / aggregator · ⚠ inferred / estimate

1. Snapshot (2026-04-28 close)

MetricValue
Last close$59.49
Day’s change−1.43%
52-week high$65.05
52-week low$31.51
52w peak-to-trough range2.06× (106% peak vs. trough)
All-time high (since IPO)$78.94 (2022-03-25) ✓
All-time low (since IPO)$30.37 (2025-04-08) ✓
IPO close (2021-10-28)$46.40 ✓
20-day avg volume~3,500,000 ◐
Day’s volume3,228,900 ✓
Beta (5-yr levered)1.50 ◐
Market cap~$33.1B

Read. GFS at $59.49 sits 24.7% off the all-time high ($78.94) but +95.9% off the all-time low ($30.37) — closer to the upper half of its post-IPO range. The 1.5 beta is moderate for a US-listed semis name (vs. POET’s ~3.0 microcap beta or Marvell’s ~1.4 large-cap-AI beta).

2. Year-end anchors (per price_history.json)

Year-endCloseYoY %
2021-10-28 (IPO)$46.40 ✓
2021-12-31$64.97 ✓+40.0% from IPO close (post-IPO Q4 rally)
2022-12-30$53.89 ✓-17.1% (full year 2022)
2023-12-29$60.60 ✓+12.5%
2024-12-31$42.91 ✓-29.2% (cycle/destocking-trough year)
2025-12-31$34.92 ✓-18.6% (Smart Mobile compression + Q4’24 impairment overhang)
2026-04-28 (current)$59.49+70.4% YTD 2026

2026 YTD performance is exceptional. From the 2025-12-31 close of $34.92 to the 2026-04-28 close of $59.49 is +$24.57 / +70.4% in roughly 4 months. The driver: Q4’25 print on 2026-02-11 (which delivered +400 bps non-IFRS GM YoY expansion + $500M buyback authorization) plus AI / photonics narrative momentum.

3. Major price phases — IPO to today

Phase 1: IPO honeymoon (Oct 2021 – Q1 2022)

  • IPO at $47/share on Oct 28, 2021
  • Q4’21 rally to $64.97 by year-end (+40% from IPO)
  • All-time high $78.94 reached 2022-03-25 — driven by post-IPO retail enthusiasm + supply-chain crisis premium (“we need our own foundries”)
  • ARK / thematic-fund inflows; CHIPS Act expectation pricing
  • TAM optimism driven by AI + auto secular themes

Phase 2: 2022 derate (Apr 2022 – Dec 2022)

  • Sustained derate from $79 → $54 over the year
  • Sector backdrop: rising rates + Fed tightening compressed semi multiples
  • Smart Mobile demand inflected weaker as 2H22 destocking began
  • 2022-12-30 close: $53.89 (-32% from peak)

Phase 3: 2023 recovery (Jan 2023 – Dec 2023)

  • $54 → $60.60 by year-end (+12.5%)
  • Sector rotation back into semis + AI-narrative onset
  • GFS peripheral to the 2023 NVDA-led AI rally given no leading-edge exposure
  • Mubadala stable holding; no major secondary

Phase 4: 2024 trough year (Jan 2024 – Dec 2024)

  • May 2024 Mubadala secondary at ~$70/share (high in the $70 zone) → ~5 pp Mubadala selldown
  • Q4’24 $935M Malta impairment announced → sentiment damaged
  • 2024 close: $42.91 (-29%)
  • Cycle-bottom mentality; Smart Mobile destocking peaked

Phase 5: 2025 capitulation + recovery (Jan 2025 – Dec 2025)

  • All-time low $30.37 reached 2025-04-08 — capitulation low coinciding with cycle-trough Q1’25 ~$1,585M revenue
  • Recovery through summer/autumn 2025 as Q2’25 + Q3’25 earnings showed margin recovery
  • 2025-12-31 close: $34.92 (still -19% YoY)

Phase 6: 2026 breakout (Jan 2026 – present)

  • Q4’25 print 2026-02-11 delivered +400 bps non-IFRS GM YoY + first-ever buyback authorization
  • AI / photonics narrative inflection (LWLG Mar 2026 PDK release on Fotonix; Marvell custom-AI traction)
  • AMF Singapore acquisition closed Nov 2025 → consolidates SiPh foundry layer
  • 2026 YTD: +70.4% — the breakout phase

4. Technical levels worth tracking

LevelTypeNotes
$78.94ATH (Mar 2022)Multi-year resistance; only crossed once in company history
$65.0552w high (Mar 2026 ⚠)Very recent, fresh resistance
$59.49SpotCurrent price
$54-55Front-month options max-pain ($55) + late-2022 troughNear-term key level
$45Mid-2024 / mid-2025 baseStrong structural support
$40-42Multi-year support; FY24 YE $42.91If breached, opens path to ATL retest
$31.5152w lowMulti-year support
$30.37ATL (Apr 2025)All-time low; capitulation

5. Volatility profile

GFS’s 1.5 beta is moderate for a US-listed semis name. The 52-week range of $31.51 to $65.05 represents a 2.06× peak-to-trough spread — typical for a mid-cap cyclical foundry. Realized 30-day annualized volatility (estimated from price_history.json) is approximately 40-50% ⚠.

Front-month ATM implied volatility per CBOE option chain (2026-04-29 fetch): ~88% (60-strike May’26 expiration). This is elevated relative to realized 30d vol, reflecting:

  • Q1’26 6-K reporting risk (expected May 2026)
  • Mubadala secondary supply overhang (F-3ASR shelf live)
  • ICFR remediation path uncertainty
  • LWLG PDK / Fotonix monetization narrative

Read. Options pricing implies ~40 percentage points of “event-risk premium” over recent realized volatility. This is a structural premium for a controlled-company small-float stock — not unusual.

6. Volume and float liquidity

MetricValue
20-day avg volume~3.5M shares ◐
20-day avg dollar volume~$208M
Float~83M (per STOCK_PRICE_DATA.json)
Float turnover (20-day avg vol / float)~4.2%
Days-to-trade-float~24 trading days

Float liquidity is moderate. A $33B-mkt-cap company with only ~83M float-eligible shares means each percentage-point share-price move requires ~830K shares of net buying / selling — well within the 3.5M average daily volume but enough to make momentum-driven moves significant. Mubadala’s 81% stake is the structural reason for the small float.

7. Sector / peer relative-performance context

GFS’s 2026 YTD +70% performance vs. comparable specialty foundries:

  • TSMC: +5-10% YTD ⚠
  • UMC: +15% YTD ⚠
  • SMIC: +25% YTD ⚠ (China-domestic-supply premium)
  • Tower Semiconductor: +30% YTD ⚠
  • GFS: +70% YTD — outperforming the cohort by 40-65 percentage points

The outperformance reflects:

  1. Q4’25 margin-expansion print delivered above-cohort-best operational improvement
  2. AI/photonics narrative has more leverage on GFS via Fotonix than on commodity-foundry peers
  3. Buyback initiation signaled capital-return turn
  4. Trough-to-peak compounding — GFS started 2026 from a lower base

8. Forward catalysts

Date / windowCatalystLikely market impact
~May 2026Q1 2026 6-K releaseFirst post-buyback execution disclosure; AMITC 35% credit cycle visibility
Mar–Aug 2026Mubadala selldown via F-3ASR shelfSupply-overhang risk; capping on rally
~Aug 2026Q2 2026 6-KMid-year mix-shift validation
H2 2026LWLG / Fotonix customer tape-outsAI/photonics monetization milestones
H2 2026CHIPS milestone disbursementsCash + tax-credit visibility
Feb 2027FY26 20-F + buyback renewalFirst full year of buyback execution disclosure

9. Open items / backfill queue

  1. Specific catalyst-to-price-spike attribution — for the 2022-2026 daily price moves, attribute >5% single-day moves to specific 6-K, news, or sector catalysts.
  2. Volatility regime calibration — primary-source 30-day realized vol from daily-bar price history (vs. aggregator beta).
  3. Mubadala secondary pricing history — confirm May 2024 follow-on actual pricing (was $70 the strike?).
  4. Float reconciliationSTOCK_PRICE_DATA.json reports 83M float; reconcile against 555.8M outstanding minus 81% Mubadala = ~105M non-Mubadala-owned shares. Definitions of “float” vary across data providers.

Sources

  • companies/gfs/data/STOCK_PRICE_DATA.json — current spot, 52w range, market cap, beta. Auto-refreshed.
  • companies/gfs/data/price_history.json — 1,128 daily bars from 2021-10-28 to 2026-04-28. Auto-refreshed.
  • GFS FY2025 20-F, acc. 0001709048-26-000022, filed 2026-02-27 — Item 7 share count for float computation.
  • F-1/A IPO prospectus, acc. 0001193125-21-308107, filed 2021-10-26 — IPO pricing.
  • 424B4 IPO prospectus, acc. 0001193125-21-313344, filed 2021-10-29 — final IPO terms.
  • CBOE options data (STOCK_OPTIONS_DATA.json) — front-month ATM IV.

Cross-references