Tag: GlobalFoundries

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GlobalFoundries revenue drops 6% to $1.74 bn

GlobalFoundries Q3 2024 result indicated that its revenue fell 6 percent to $1.739 billion though it’s expected to benefit from demand for AI smartphones. GlobalFoundries,...

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...

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