---
title: "GSM Ferroglobe"
canonical: "https://supercyclehq.com/stock/ferroglobe"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "GSM"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Ferroglobe (GSM)

Ferroglobe is one of the largest Western producers of silicon metal and silicon- and manganese-based alloys.

## AI Exposure Score

**12/100, Peripheral.** Ferroglobe produces silicon metal, the upstream feedstock for polysilicon and semiconductor-grade silicon, with strategic value as a Western supplier. Most volume goes to aluminum and chemical customers, so the thesis depends on commodity silicon prices, not AI demand.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $3.84 |
| Change 1d | -0.52% |
| Change 7d | -0.78% |
| Change 30d | -9.86% |
| Change 1y | -18.15% |
| 52-week high | $5.39 |
| 52-week low | $3.13 |
| Market cap | $717.5M |
| P/E | n/a |
| EPS | $-0.22 |
| Next earnings | 2026-11-03 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Basic Materials |
| Headquarters | London, United Kingdom |
| CEO | Marco Levi |
| Employees | 2,920 |
| Website | https://www.ferroglobe.com |
| Buildout layers | [Raw Materials & Mining](https://supercyclehq.com/category/raw-materials) |

## What the company does

Ferroglobe is one of the largest Western producers of silicon metal and silicon- and manganese-based alloys. It operates smelting furnaces and upstream raw material assets, making money by selling these metals to aluminum, chemical, steel, solar, and semiconductor supply chains.

Silicon metal is its flagship product: the feedstock for silicones, aluminum alloys, and the polysilicon that becomes solar panels and semiconductor wafers. Its ferroalloys serve steelmakers. As chip and solar supply chains look to reduce dependence on China, Ferroglobe positions itself as a strategic Western supplier of the base material.

Formed in 2015 through the merger of Grupo FerroAtlantica and Globe Specialty Metals, Ferroglobe is headquartered in London, employs roughly 2,900 people, and trades on the NASDAQ.

## Role in the AI buildout

Ferroglobe sits in the Raw Materials layer of the AI buildout, several steps upstream of the chip. Its silicon metal feeds the polysilicon chain that ultimately yields semiconductor wafers, and Western governments increasingly treat that chain as strategic. Most of its volume, though, goes to aluminum and chemical customers, and its results move with commodity silicon and ferroalloy prices. The AI connection is real but indirect: more chips eventually require more silicon units from somewhere secure.

## FAQ

### What does Ferroglobe do?

Ferroglobe produces silicon metal and silicon- and manganese-based alloys at smelting operations across several countries. Its customers span the aluminum, chemical, steel, solar, and semiconductor supply chains, and it is one of the largest producers of silicon metal outside China.

### How is Ferroglobe exposed to AI?

Very indirectly. Silicon metal is the upstream feedstock for polysilicon and semiconductor-grade silicon, so chip demand eventually touches its market. Most sales go to aluminum and chemical customers. Supercycle rates it Peripheral with an AI Exposure Score of 12 out of 100.

### Is GSM a pure play AI stock?

No. Ferroglobe is a commodity metals producer whose earnings track silicon metal and ferroalloy prices, energy costs, and industrial demand. Its strategic value as a Western silicon supplier is a policy story more than an AI story.

### Who leads Ferroglobe?

Marco Levi is Ferroglobe's CEO. The company was formed in 2015 from the merger of Grupo FerroAtlantica and Globe Specialty Metals, is headquartered in London, and employs roughly 2,900 people.

---

Source: https://supercyclehq.com/stock/ferroglobe. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.