Automotive Market StrengthGlobalFoundries reported a solid 3Q23 and raised 4Q24 guidance driven by strength from the Auto end market.
Financial StabilityGlobalfoundries has posted positive free cash flow for six consecutive quarters, with expectations for continued expansion into the future.
Strategic GrowthFocus on value-add technologies, higher-growth end-markets, along with geo-dependable production, result in a differentiated offering for Global Foundries.