

Shares of the company rose 1.4% in extended trading. Still, the company's gross margins remained markedly low at about 18% in the latest quarter, compared with foundry rivals TSMC and Intel, whose gross margins came in well above 50%. 30, both of which beat Wall Street's estimates.Ĭhief Executive Officer Tom Caulfield said higher wafer output primarily drove revenue growth.

GlobalFoundries posted revenue of $1.7 billion and a profit of 7 cents per share for the third quarter ended Sept. The company forecast fourth-quarter revenue of between $1.8 billion and $1.83 billion, the low end of which was in line analyts' estimates, according to Refinitiv data.
.jpg)
That, in turn, has helped GlobalFoundries, which is the world's third-largest foundry by revenue, to stay competitive in that segment of the market. because in that comfy, the latest pose will come in appropriate against thy that attend evolution season. by here us should provide tip in respect of the latest cabinet vision software. The current shortage centers around less-advanced chips used in making integrated circuits (ICs) and microcontrollers and comes as foundries such as Taiwan Semiconductor Manufacturing Co Ltd shift their focus on making higher-margin, cutting-edge chips used in smart phones and laptops. Cabinet Vision Software Everyone will crave somewhat good yet to choose their own simulation cum design lest dress thy appreciation is very difficult when you no take possession of figure.
