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GlobalFoundries highlights its strategic expansion into silicon photonics and advanced packaging as critical enablers for AI data center infrastructure. The company's acquisition of Photeon's IVR business further solidifies its position in supplying essential components for high-performance computing systems. This financial update underscores the growing reliance on specialized semiconductor processes to meet escalating demands from artificial intelligence workloads.
GlobalFoundries Reports Second Quarter 2026 Financial Results
MALTA, N.Y., Aug. 05, 2026 (GLOBE NEWSWIRE) -- GLOBALFOUNDRIES Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the second quarter ended June 30, 2026. Revenue of $1.786 billion Gross margin of 28.3% and Non-IFRS gross margin(1) of 29.9% Operating margin of 9.7% and Non-IFRS operating margin(1) of 16.7% Diluted earnings per share of $0.30 and Non-IFRS…
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