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GlobalFoundries Inc. designs and manufactures semiconductors for the technology sector. It offers direct and indirect supplementary, post-wafer-manufacturing, prototyping, mask, APM framework, supply chain management, and turnkey services; and ultra-low-power baseband and radio frequency solutions for IoT applications. GlobalFoundries Inc. has strategic collaborations with Ayar Labs, Inc. and MACOM Technology Solutions Inc. The company was founded in 2009 and is based in Malta, New York with manufacturing centers in Germany; Singapore; New York, New York; Santa Clara, California; and Vermont, Canada. It has regional sales and support offices in Shanghai, China; Yokohama, Japan; Hsinchu, Taiwan; Austin, Texas; Amsterdam, the Netherlands; and Munich, Germany.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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