GlobalFoundries revenue increased 56 percent YoY as chip demand persists - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Wednesday 1 December 2021

GlobalFoundries revenue increased 56 percent YoY as chip demand persists


The report included $5 million in profit compared to a $293 million loss in Q3 2020. Earnings per share checked in at $0.01, or $0.07 on an adjusted basis. Analysts surveyed by FactSet expected $1.7 billion in revenue and a small loss.

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