Automotive Market StrengthGlobalFoundries reported a solid 3Q23 and raised 4Q24 guidance driven by strength from the Auto end market.
Geopolitical PositioningGlobalFoundries is favorably positioned relative to peers amid geopolitical uncertainty with its broad array of technologies and capacity only in US/Europe/Singapore.
Technology And Market GrowthFocus on value-add technologies, higher-growth end-markets, along with geo-dependable production, result in a differentiated offering for Global Foundries.