GlobalFoundries reports Q2 2023 revenue at $1.63 billion, down 12% YOY

News
Financial results
ATI News Team

GlobalFoundries' disciplined strategy leads to over $500 million in adjusted free cash flow for the first half of 2024

According to a press release on Aug. 6, GlobalFoundries Inc. (GF) reported its second-quarter 2024 revenue of $1.63 billion, down 12% year over year compared to $1.84 billion in the second quarter of 2023, for the fiscal year ended June 30, 2024.

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