We expect GAAP gross margin to increase from 28% in 2023 to about 35% by 2029 as the firm should be able to increase utilization in its fabs. This level of gross margin is comparable with ...

GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sank into the red with a net loss of US$730 million for its ...

GlobalFoundries expects its first-quarter revenue between $1.55 billion and $1.60 billion. Analysts were expecting $1.66 ...

GlobalFoundries expects its first quarter revenue between $1.55 billion and $1.60 billion. Analysts were expecting $1.66 ...

In this article, we are going to take a look at where GlobalFoundries Inc. (NASDAQ:GFS) stands against the other chip stocks. The semiconductor industry is on a trajectory of rapid growth ...

Singapore Prime Minister Lawrence Wong at Government House in Bangkok on Nov. 28, 2024.

GlobalFoundries, the world's third-largest contract chipmaker, said on Wednesday it has appointed Tim Breen as its chief executive officer. Breen, who has been with the company since 2018 and served ...

GlobalFoundries Inc. (GF), the world's third-largest contract chip manufacturer, announced that Chief Operating Officer (COO) Tim Breen will succeed Tom Caulfield as CEO, while Caulfield will ...

(Reuters) -GlobalFoundries, the world’s third-largest contract chipmaker, said on Wednesday it has appointed Tim Breen as its chief executive officer. Breen, who has been with the company since 2018 ...

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 ...