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GLOBALFOUNDRIES REVENUE
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pausesUS stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Bank...- US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
- US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
- Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip dealsTower Semiconductor anticipates exceeding second-quarter revenue expectations. The company has secured significant deals worth $1.3 billion...
- TSMC rides AI wave to net nearly 70% of global foundry market in 2025Taiwan Semiconductor Manufacturing Co (TSMC) saw its share of the global foundry market rise to almost 70 per cent in 2025 amid booming dem...
- GlobalFoundries expects strong quarterly revenue on chips demand from data centersGlobalFoundries forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and a...
- GlobalFoundries names Sam Franklin as CFO after interim stintGlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding John Hollister, who stepped down earlier thi...
- GlobalFoundries expects upbeat quarter on demand for auto, data center chipsThe company has seen higher demand for its made-to-order chips, as automakers focus on electric vehicles and advanced driver-assistance sys...
- GlobalFoundries opens $4 billion Singapore chip fabrication plantThe company's Singapore operations, which serve 200 clients worldwide, also include two other fabs that produce 720,000 300mm wafers and 69...
- Foxconn may partner with TSMC and TMH to set up fab unitsFoxconn is likely to soon finalise the details of the partnership to manufacture both advanced and legacy node chips, a source close to the...
- GlobalFoundries scraps plan to appoint former top Amazon executive Tim Stone as CFOGlobalFoundries had in May named Stone, who was at Amazon for more than 20 years and served as CFO for AWS and Devices businesses. He has a...
- Chipmakers, once in high demand, confront sudden challengesFor many consumers, products that were scarce because of a chips shortage may start becoming more available, though not immediately
- A new normal is dividing the global chip industryThe global shortage of some chips peaked in 2021 after clients that included carmakers cut orders only to desperately need them a few month...
- STMicro, GlobalFoundries to build French semiconductor plant -Le FigaroThis would help support a push from the European Commission to produce 20% of the world's microchips in Europe by 2030.
- STMicroelectronics and GlobalFoundries confirm major new France investmentSTMicroelectronics and GlobalFoundries said the new French site comprised a projected multi-billion euro collaborative investment that incl...
- How a global foundry is losing money in a chip boomLike its rivals, GlobalFoundries manufactures chips based on the designs of clients, most of which don’t have their own factories.
- A forgotten chipmaker may be key to ending the global shortageGlobalFoundries is betting that as the global chip industry keeps spending money to accelerate toward the leading edge, those who hang back...
- Smartphone maker Smartron secures funding from GlobalFoundries CEOIncluding Jha's investment, Smartron has raised about Rs 100 crore since its inception in 2014. The company is in advanced talks with inves...
- IBM posts 4 per cent drop in quarterly revenue, shares slumpIBM reported a 4 per cent drop in quarterly revenue as client activity slowed in September, sending its shares down sharply in pre-market t...
- AMD ex-CEO said linked to Galleon case: ReportAMD says it is 'thoroughly reviewing' published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confide...
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