Shares of GlobalFoundries surged 5.5% in pre-market trading on Wednesday following the release of its third-quarter 2025 financial results and fourth-quarter outlook, both of which exceeded analysts' expectations.
The semiconductor manufacturer reported Q3 revenue of $1.688 billion, slightly above the consensus estimate of $1.676 billion. Adjusted earnings per share came in at $0.41, beating the expected $0.37. GLOBALFOUNDRIES also posted a net income of $249 million and an adjusted gross margin of 26%, showing improved profitability compared to the same period last year.
Looking ahead, the company provided an optimistic forecast for the fourth quarter, projecting revenue of approximately $1.8 billion and adjusted earnings per share of $0.47, both surpassing current market expectations. This upbeat outlook, combined with the strong Q3 performance, has likely fueled investor enthusiasm, driving the stock's pre-market rally. The company's continued growth in its Automotive & CID segment and impressive design win momentum further underscore its strong market position and future potential in the semiconductor industry.