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GlobalFoundries Shows Asset Growth in 2024 Update
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GlobalFoundries Shows Asset Growth in 2024 Update

GlobalFoundries Inc (GFS) has released an update.

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GlobalFoundries Inc. has reported a slight increase in its total assets from $18,044 million at the end of 2023 to $18,105 million as of September 30, 2024. The company’s current assets have grown, particularly in inventories and marketable securities, while non-current assets saw a decrease, notably in property and equipment. Investors might find this financial position update relevant as it reflects the company’s asset management and potential for future growth.

For further insights into GFS stock, check out TipRanks’ Stock Analysis page.

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