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GlobalFoundries signals stronger second half despite mixed end-market demand
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GlobalFoundries signals stronger second half despite mixed end-market demand
GlobalFoundries reported first-quarter results broadly in line with expectations, with management highlighting solid execution and profitability at the upper end of guidance ranges, according to company statements. Chief executive Tim Breen said the company made "significant traction in secular growth end markets," supported by differentiated technologies and customer-focused execution.
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