GlobalFoundries shares rise 9.26% premarket after expanding partnership with Apple for semiconductor technologies.

Globalfoundries Inc. rose 9.26% in premarket trading, driven by the announcement of an expanded partnership with Apple. This collaboration will advance semiconductor technologies and strengthen U.S. manufacturing, with significant investments at GF's facility in Malta, New York. Additionally, Apple's increased U.S. investment commitment to $600 billion over the next four years, including the launch of its American Manufacturing Program, further supports the positive outlook for Globalfoundries.