Treasury Secretary Scott Bessent spoke about U.S. trade deficits, a potential trade deal with China and energy investment at the Institute for International Finance. Photo: Elizabeth Frantz/Reuters ...

Note: Variances in tables are due to rounding.

U.S. President Donald Trump's sweeping global tariff plans have threatened to upend the semiconductor industry. Tariffs on automakers - the third largest end-market for GlobalFoundries - have ...

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 ...

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 ...

In terms of upcoming events, please note that we will be participating in fireside chats at the JPMorgan Global Technology, Media and Communications Conference in Boston on May 13 and at the Bank ...

(Reuters) -GlobalFoundries forecast second-quarter revenue and profit slightly above Wall Street estimates on Tuesday, in a sign that the contract chipmaker was seeing stable demand despite choppy ...

Hollister highlighted that only one of the company's three 300-millimeter fabrication facilities is located in the US, reinforcing the strategic advantage of its global footprint in managing cost ...

It finds that the world's wealthiest 10% are responsible for two-thirds of observed global warming since 1990 and the resulting increases in climate extremes such as heat waves and droughts.

Every decade or so, the global aid industry finds that it must transform to survive. During these periods of change, donor countries restructure their aid agencies, shrink or expand their assistance ...

"In the first quarter, the GF team delivered strong financial results at the high end of the Non-IFRS guidance ranges for revenue, gross margin, and earnings per share,” said Tim Breen, CEO of ...