🟢 GFS is trading 6% up today on continued $375M federal quantum award momentum

GFS is trading about 6% up at $86.03 in pre-market, extending a sharp multi-day rally fueled by a $375 million federal quantum technology award.

• The gains follow the official launch of GlobalFoundries’ quantum initiatives, which triggered significant buying interest starting in the May 21 after-hours session.
• Today’s pre-market activity appears to be a continuation of that bullish sentiment as the market digests the long-term impact of the federal funding.