🟢 Globalfoundries is trading 4.7% up today as semiconductor stocks rebound on AI optimism

Globalfoundries is trading 4.7% up at $59.28 as semiconductor stocks rebound strongly across the sector.

• The SOXX ETF is up 4.10%, with chip shares being lifted by earnings optimism and renewed AI-infrastructure demand.
• The move appears to be tied to broader semiconductor sentiment rather than a company-specific catalyst.