GlobalFoundries beats earnings expectations in Q4 2024 despite reporting $729m loss
GlobalFoundries Inc. (Nasdaq: GFS) saw its shares climb nearly 4% in morning trading after the semiconductor giant surpassed Wall Street’s expectations for adjusted earnings. Despite ... Read More
GlobalFoundries and IBM resolve long-standing legal dispute, signaling new chapter in semiconductor industry
GlobalFoundries and IBM have officially concluded their protracted legal battle, resolving years of litigation tied to a landmark 2015 semiconductor business agreement. The confidential settlement, ... Read More
Kolkata to become tech hub as Modi secures groundbreaking semiconductor plant deal with Biden
India and the US are taking a major leap in their strategic partnership, with Prime Minister Narendra Modi and President Joe Biden announcing a landmark ... Read More
GlobalFoundries boosts semiconductor manufacturing with new Singapore fab
GlobalFoundries (NASDAQ: GFS) officially unveiled its $4 billion expansion fabrication plant in Singapore. Occupying a 23,000 sqm space, the new facility aims to create 1,000 ... Read More