GlobalFoundries tops second quarter estimates on AI chip demand | live
Aug 5 (Reuters) - GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales. • GlobalFoundries makes specialty chips for communications, data centers, automotive, industrial and consumer electronics companies. • The company reported second-quarter revenue of $1.79 billion; analysts on average estimated $1.77 billion, according to data compiled by LSEG.
Aug 5 (Reuters) - GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales. • GlobalFoundries makes specialty chips for communications, data centers, automotive, industrial and consumer electronics companies. • The company reported second-quarter revenue of $1.79 billion; analysts on average estimated $1.77 billion, according to data compiled by LSEG.
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