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 ...

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 ...

The investors in GlobalFoundries Inc.'s (NASDAQ:GFS) will be rubbing their hands together with glee today, after the share price leapt 24% to US$45.27 in the week following its third-quarter results.

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 ...

GlobalFoundries in Malta hosted its annual Veterans Day event on Monday. It celebrated the vital contributions of veterans to the semiconductor industry. The event featured the latest on ...

WASHINGTON, Nov 6 (Reuters) - Taiwan Semiconductor Manufacturing Co, (2330.TW), opens new tab GlobalFoundries (GFS.O), opens new tab and at least one other chipmaker are poised to receive their ...

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 ...