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GlobalFoundries Q2 2024 Earnings Report

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$38.02 -0.73 (-1.88%)
As of 04:00 PM Eastern

GlobalFoundries EPS Results

Actual EPS
$0.38
Consensus EPS
$0.28
Beat/Miss
Beat by +$0.10
One Year Ago EPS
$0.45

GlobalFoundries Revenue Results

Actual Revenue
$1.63 billion
Expected Revenue
$1.61 billion
Beat/Miss
Beat by +$17.51 million
YoY Revenue Growth
-11.50%

GlobalFoundries Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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GlobalFoundries Earnings Headlines

GlobalFoundries Inc. (GFS)
Here’s how you could profit from Elon’s NVIDIA partnership
Elon Musk recently offered NVIDIA $1 billion... To buy a cluster of their cutting-edge GB200 AI chips. Why? Because Elon is quietly building the most powerful AI supercomputer on the planet. It's called "Project Colossus"...
GlobalFoundries, MIT enter master research agreement on AI chips
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About GlobalFoundries

GlobalFoundries (NASDAQ:GFS), a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. GlobalFoundries Inc. has a strategic partnership with Efficient Computer to develop high-performance computer processors. The company was incorporated in 2008 and is headquartered in Malta, New York.

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