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GlobalFoundries offers cautious outlook amid weak smartphone demand

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

GlobalFoundries posted stable results for the second quarter of 2025, reporting net revenue of US$1.69 billion, up 3.4% year-over-year. The company achieved a gross margin of 24.2%, with its non-IFRS gross margin slightly higher at 25.2%. Operating...

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