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GlobalFoundries Inc ( (GFS) ) just unveiled an update.
GlobalFoundries Inc. announced that it has prepaid all outstanding loans under its term facilities agreement, totaling $664 million. This strategic financial move releases assets pledged as common security, enhancing the company’s financial flexibility and strengthening its position in the semiconductor industry.
More about GlobalFoundries Inc
GlobalFoundries Inc. operates in the semiconductor industry, specializing in manufacturing and providing semiconductor products and services. The company focuses on producing integrated circuits and semiconductor devices for various applications across multiple market segments.
Average Trading Volume: 1,719,719
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.84B
See more data about GFS stock on TipRanks’ Stock Analysis page.
