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GlobalFoundries Inc. (NASDAQ: GFS ) stock declined Wednesday after the contract chipmaker reported better-than-expected fiscal second-quarter 2026 results, but a third-quarter outlook largely in line with Wall Street expectations failed to impress investors. The company reported revenue of $1.79 billion, up 6% from a y
Advanced Micro Devices Inc. (NASDAQ: AMD ) stock fell nearly 9% in premarket trading Wednesday as investors appeared to want a stronger forward outlook following the chipmaker’s second-quarter results. The sell-off came even after AMD reported second-quarter revenue of $11.54 billion, topping the Wall Street estimate o