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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

GlobalFoundries Inc. reported a solid financial performance for the first quarter of 2025, surpassing analysts’ expectations with an earnings per share (EPS) of $0.34 against a forecast of $0.29.

"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 ...

(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 ...

GlobalFoundries beats Q1 EPS on strong auto, data center, and IoT growth despite smartphone weakness. Smart mobile sales fall, but GlobalFoundries lifts margins in key growth segments. Feel unsure ...