Global Foundries beat sales and earnings expectations in the third quarter. The company also issued encouraging forward guidance. If conditions in the global smartphone market continue to improve ...

Globalfoundries Inc. ( (GFS)) has released its Q3 earnings. Here is a breakdown of the information Globalfoundries Inc. presented to its investors. GlobalFoundries Inc. is a leading semiconductor ...

Revenue: US$1.74b (down 6.1% from 3Q 2023). Net income: US$177.0m (down 29% from 3Q 2023). Profit margin: 10% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS ...

Global Foundries (NASDAQ: GFS) stock surged in Tuesday's trading. The semiconductor fabrication company's share price closed out the daily session up 14.9% and had been up as much as 16.8% earlier ...

Shares of GlobalFoundries Inc. jumped more than 14% today after the company disclosed that its mobile chip business grew much faster than expected in the third quarter. The unit’s strong ...

Shares of semiconductor foundry Globalfoundries (NASDAQ: GFS) rallied 12.1% on Wednesday, as of 1:32 p.m. ET. The company, a leading manufacturer of specialty semiconductors that are often made ...

Cindy Schultz / Bloomberg / Getty Images Shares of GlobalFoundries surged 15% Tuesday after the chipmaker reported better-than-expected earnings and issued a rosy outlook. Revenue and profits ...

Taiwan Semiconductor Manufacturing Co. and GlobalFoundries Inc. have hammered out the terms of their CHIPS Act funding agreements, Bloomberg reported today. The companies inked preliminary ...

Nov 5 (Reuters) - World's third-largest contract chipmaker, GlobalFoundries (GFS.O), opens new tab, forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering ...

Analyst Vivek Arya from Bank of America Securities reiterated a Hold rating on GlobalFoundries Inc (GFS – Research Report) and decreased ...