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Xanadu Stock Climbs on Multi-Year GlobalFoundries Manufacturing Partnership

Oct 6, 2026 · 08:46 AM ET· updated 14h ago
Xanadu Stock Climbs on Multi-Year GlobalFoundries Manufacturing Partnership

Xanadu Quantum Technologies Ltd. (NASDAQ: XNDU) shares are trading higher Tuesday after announcing a GlobalFoundries partnership.

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Why It Matters

Xanadu made a deal with GlobalFoundries to build their quantum computers. When big companies partner up, it often means the smaller one has real plans ahead.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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