Globalfoundries Inc is a prominent semiconductor foundry that specializes in providing manufacturing services for integrated circuits. The company plays a crucial role in the global electronics supply chain, serving a wide range of clients in various sectors, including automotive, telecommunications, and consumer electronics. With advanced manufacturing capabilities, Globalfoundries focuses on the design and production of innovative semiconductor solutions, helping its customers bring cutting-edge technologies to market. The company is committed to delivering high-quality processes and services that meet the evolving demands of the technology landscape.
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GlobalFoundries secures $9.5M in funding from U.S. gov to advance production of GaN chips. GaN offers superior capabilities for high-performance, energy-efficient applications.
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Prominent chipmakers, including Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and GlobalFoundries Inc (NASDAQ:GFS), have finalized agreements for substantial U.S.
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GlobalFoundries fiscal Q3 2024 revenue declined 6% YoY to $1.74B, beating analyst estimate. Adjusted EPS of 41 cents also beat estimate. Mobile revenue grew 11% to $868M. Outlook for Q4 also above estimates.
MALTA, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the third quarter ended September 30, 2024.
Building on years of collaboration, this new process technology collaboration will provide power-efficient and secure connectivity solutions for essential consumer and industrial applications manufactured both in Europe and the U.S.
