GLOBALFOUNDRIES Inc. News

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GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies. The company was founded in 2009 and is based in Malta, New York.

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GLOBALFOUNDRIES Inc. Market News

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GlobalFoundries Signs $300 Million CHIPS R&D Letter of Intent as Q2 Results Beat Estimates

  • GlobalFoundries (GFS) posted Q2 beat with $1.79B revenue and $0.46 adjusted EPS, while securing a $300M CHIPS R&D LOI from the U.S. Department of Commerce.
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