GLOBALFOUNDRIES INC. ORD. overview

MALTA, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the first quarter ended March 31, 2025. Key First Quarter Financial Highlights Revenue of $1.585 billion Gross margin of 22.4% and Non-IFRS gross margin ( 1 ) of 23.9% Operating margin of 9.5% and Non-IFRS operating margin ( 1 ) of 13.4% Net income of $211 million and Non-IFRS net income (1) of $189 million Diluted earnings per share of $0.38 and Non-IFRS...

MALTA, N.Y., April 22, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced it will accelerate its near-term greenhouse gas (GHG) emission reduction goals, enhancing the company’s commitment to sustainable operations and further supporting the sustainability leadership of partners including Apple and Infineon Technologies AG. GF’s revised targets will be set in line with Science Based Target Initiative (SBTi) standards. GF is updating its Journey to Zero Carbon pledge...

MALTA, N.Y., April 02, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, May 6, 2025, at 8:30 a.m. ET following the release of the company’s first quarter 2025 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, May 6, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering here . The company’s...

CAMBRIDGE, Mass. and MALTA, N.Y., Feb. 27, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) and the Massachusetts Institute of Technology (MIT) today announced a new master research agreement to jointly pursue advancements and innovations for enhancing the performance and efficiency of critical semiconductor technologies. The collaboration will be led by MIT’s Microsystems Technology Laboratories (MTL) and GF’s research and development team, GF Labs. With an initial research focus...

MALTA, N.Y., Feb. 11, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2024. Key Fourth Quarter Financial Highlights Revenue of $1.830 billion Gross margin of 24.5% and Non-IFRS gross margin (1) of 25.4% Operating margin of (38.3)% and Non-IFRS operating margin (1) of 15.6% Net loss of $729 million and Non-IFRS net income (1) of $256 million Diluted loss per share of $1.32 and...

MALTA, N.Y., Feb. 05, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced, following a rigorous succession planning process, its Board of Directors has appointed Dr. Thomas Caulfield as Executive Chairman and Tim Breen as Chief Executive Officer. Caulfield succeeds Ahmed Yahia who will step down from the Board and his role as Chairman after more than a decade in the position. Breen, who has been with GF since 2018, and is currently Chief Operating Officer (COO), succeeds...

MALTA, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced plans to create a new center for advanced packaging and testing of U.S.-made essential chips within its New York manufacturing facility. Supported by investments from the State of New York and the U.S. Department of Commerce, the first-of-its-kind center aims to enable semiconductors to be securely manufactured, processed, packaged and tested entirely onshore in the United States to meet the growing...

MALTA, N.Y., Jan. 08, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ: GFS) today announced that it will host a conference call on Tuesday, February 11, 2025, at 8:30 a.m. ET following the release of the company’s fourth quarter and full-year 2024 financial results. Conference Call and Webcast Information The company will host a conference call with the financial community on Tuesday, February 11, 2025, at 8:30 a.m. ET. Interested parties may join the scheduled conference call by registering...