Revenue: US$1.59b (up 2.3% from 1Q 2024). Net income: US$210.0m (up 58% from 1Q 2024). Profit margin: 13% (up from 8.6% in 1Q 2024). EPS: US$0.38 (up from US$0.24 in 1Q 2024). Revenue was in line ...

GlobalFoundries reported first-quarter revenue growth of 2.3% to US$1.59 billion, supported by demand in data center and IoT markets. While tariff impacts remained minimal in early 2025 ...

Contract chipmaker GlobalFoundries reported first-quarter earnings that surpassed what the cocane nose jobs of Wall Street had expected. Net income reached $211 million on revenue of $1.59 billion ...

The story was updated with stock movement. GlobalFoundries' (NASDAQ:GFS) stock fell about 3% on Tuesday despite first quarter 2025 results surpassing estimates. For the first quarter ended March ...

US-based contract chipmaker GlobalFoundries is reportedly exploring a potential merger with Taiwanese chipmaker United Microelectronics (UMC), Nikkei Asia reported, citing sources. If realised ...

At the Morgan Stanley Tech, Media & Telecom 2025, GlobalFoundries announced plans to explore manufacturing partnerships in China. The move responds to rising demand for localized semiconductor ...

GlobalFoundries teams up with indie Semiconductor to develop radar SoCs for advanced driver assistance systems and industrial applications. The collaboration aims to accelerate automotive radar ...

Bharti Airtel—which has over 550 million customers in South Asia and Africa—competes with Reliance Jio Infocomm (controlled by India’s richest person Mukesh Ambani) and billionaire Kumar ...

Shares of GlobalFoundries Inc. closed more than 6% higher today after the chipmaker reported mixed financial results for its fourth quarter. GlobalFoundries makes semiconductors for other ...

Prior to joining GlobalFoundries, Breen held a senior executive position at Mubadala Investment Company, Abu Dhabi's sovereign wealth fund and GlobalFoundries' largest stakeholder. GlobalFoundries ...

With nearly three decades of experience in chemical production, quality assurance, research and development, and process improvement, Kumar Ajjarapu has become a respected figure in the ...

GlobalFoundries and IBM resolve legal dispute over trade secrets, paving the way for future collaboration. IBM accused of unlawfully disclosing GF's intellectual property to partners, leading to ...