GlobalFoundries Stock Surges on Quantum Technology Initiatives

GlobalFoundries (GFS) stock surged by 20.6% this week, driven by the announcement of a new quantum computing business unit and a $375 million investment from the U.S. Department of Commerce.

By Keith Noonan · Motley Fool · May 24, 2026, 17:44 UTC

GlobalFoundries Stock Surges on Quantum Technology Initiatives

Tickers: $GFS

Topics: government investment quantum computing semiconductors

Read the full article at Motley Fool

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