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
Photonics leader Lightmatter secures $400m, valued at $4.4bn as demand for AI supercomputing grows
Lightmatter, a pioneer in photonic supercomputing, has raised a staggering $400 million in a Series D funding round, bringing its valuation to $4.4 billion. The ... Read More