GlobalFoundries reports full-year 2023 revenues at $7.4 billion, down 9% YOY
GlobalFoundries and Infineon announced a multiyear agreement on the supply of Infineon’s leading 40 nm automotive safety controller as well as power management and connectivity solutions through 2030
According to a Feb. 13 press release, GlobalFoundries has reported fiscal year 2024 revenues at $7.4 billion, a decrease of 9% year on year compared with fiscal year 2023. The company reported net income of $1 billion and adjusted EBITDA of $2.8 billion.
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