Globalfoundries is trading 4.2% up at $66.64 in pre-market action as the semiconductor sector recovers from a sharp selloff on July 13, 2026.
- The move is largely driven by a sector-wide recovery following fresh investment news from Intel and continued optimism regarding the company's AI-focused growth roadmap.
- Investor sentiment is also supported by the firm's new dividend, with the stock bouncing back despite a lack of specific company-specific headlines overnight.