GLOBALFOUNDRIES Hits New 52-Week High of $89.90, Up 79.65%

GLOBALFOUNDRIES, Inc. has reached a significant milestone by hitting a new 52-week high of USD 89.90 on May 22, 2026. This achievement underscores the company's strong performance over the past year, with a remarkable increase of 79.65%, significantly outpacing the S&P 500's growth of 27.93% during the same period. As a large-cap player in the Other Electrical Equipment industry, GLOBALFOUNDRIES boasts a market capitalization of approximately USD 24,331 million. The company's price-to-earnings (P/E) ratio stands at 27.00, reflecting its valuation in the current market landscape. Additionally, the firm maintains a price-to-book ratio of 2.04, indicating its asset valuation relative to its market price. Despite a dividend yield of 0.00%, GLOBALFOUNDRIES demonstrates a return on equity of 7.44%, showcasing its ability to generate profit from shareholders' equity. The company's debt-to-equity ratio of -0.16 further highlights its financial stability. Overall, this new high marks a notable achievement for GLOBALFOUNDRIES, reflecting its robust performance in the competitive electrical equipment sector.