GlobalFoundries announced its first-quarter 2025 financial results on May 6, 2025, reporting strong performance that met the high end of its Non-IFRS guidance ranges for revenue, gross margin, and earnings per share. This performance was attributed to solid execution and robust design wins.
The company saw year-over-year growth in its Automotive, Communications Infrastructure and Datacenter, and Home and Industrial IoT end markets during the first quarter. This momentum is driven by critical applications such as autonomous vehicles, satellite communications, and optical networking.
For the second quarter of 2025, GlobalFoundries provided guidance for revenue and profit that is slightly above Wall Street estimates. This outlook signals stable demand despite ongoing choppiness in auto production and a soft smartphone market.
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