GlobalFoundries Shows Asset Growth in 2024 Update

GlobalFoundries Inc (GFS) has released an update.

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.

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