Tag: GlobalFoundries
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GlobalFoundries revenue drops 16% to $1.54 bn in first-quarter
GlobalFoundries said its revenue fell 16 percent to $1.549 billion with net income of $134 million during the first quarter of 2024.
GlobalFoundries has generated...
GlobalFoundries Receives $1.5 bn in US Funding to Boost Semiconductor Manufacturing
The U.S. Department of Commerce has unveiled a $1.5 billion funding initiative for GlobalFoundries (GF). This funding, allocated as part of the U.S. CHIPS...
GlobalFoundries Revenue Dips 9% to $7.4 bn
GlobalFoundries, a leading semiconductor manufacturer, has projected first-quarter revenue in the range of $1.50 billion to $1.54 billion.
The chipset maker’s outlook is fueled by...
GlobalFoundries Revenue Drops 11% to $1.85 bn in Third Quarter
GlobalFoundries, a leading semiconductor manufacturing company, has released its financial results for the third quarter ended on September 30, 2023, and unveiled several significant...
GlobalFoundries Seeks Funding Under U.S. CHIPS Act for Expansion and Modernization
GlobalFoundries, a leading contract chip manufacturer, has formally submitted funding applications under the U.S. CHIPS (Creating Helpful Incentives to Produce Semiconductors for America) Act....
