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Global Foundries' Q3 report arrived with better-than-expected sales and earnings and encouraging forward guidance.
Shares of GlobalFoundries (NASDAQ: GFS) fell 13.8% in September 2024, according to data from S&P Global Market Intelligence.The chip sector as a whole took a haircut in the first week of September ...
GlobalFoundries shares were largely unchanged on the news. Breen, who has been with the company since 2018 and served as its chief operating officer since 2023, will succeed Thomas Caulfield in ...
GlobalFoundries Inc (NASDAQ:GFS) stock gained after it reported its quarterly earnings Tuesday. The company’s fiscal first-quarter 2024 revenue declined 16% year-on-year to $1.55 billion ...
GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company incorporated in the Cayman Islands and headquartered in Malta, New York. [4] Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company , a sovereign wealth fund of the ...
GlobalFoundries expects its first-quarter revenue between $1.55 billion and $1.60 billion. GlobalFoundries signed a long-term agreement with General Motors in 2023 to establish production capacity ...
GlobalFoundries — the world's third-largest contract chipmaker — had won $1.5 billion in subsidies from the U.S. government ear GlobalFoundries forecasts Q2 revenue, profit above estimates on ...
Alongside electric-vehicle maker Rivian's stock market debut, GlobalFoundries is expected to headline an unusually crowded year-end IPO schedule. (Reuters) -Chipmaker GlobalFoundries, owned by Abu ...