GF sees unfavorable 3Q24 due to sluggish chip market recovery

Jerry Yang, Taipei; Jessie Shen, DIGITIMES Asia Wednesday 7 August 2024 0

Credit: AFP

GlobalFoundries (GF) has released its second quarter 2024 financial report, which exceeded market expectations. Nevertheless, GF suggested that the recovery of semiconductor demand is proceeding at a slower pace than anticipated, which could result...

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