MALTA, N.Y., May 22, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. ("GlobalFoundries" or "GF") (NASDAQ:GFS), today announced the pricing of a secondary public offering of $950 million of its ordinary shares at a price to the public of $50.75 per share (including a $200 million share repurchase, as described below). All of the shares in the offering are being offered by Mubadala Technology Investment Company (the "Selling Shareholder"). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investm ...

MALTA, N.Y., May 22, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (“GlobalFoundries” or “GF”) (Nasdaq: GFS) today announced the launch of a secondary public offering of $950 million of its ordinary shares (including a $200 million share repurchase, as described below). All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its aff ...

MALTA, N.Y., May 22, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries Inc. (“GlobalFoundries” or “GF”) (Nasdaq: GFS) today announced the launch of a secondary public offering of $950 million of its ordinary shares (including a $200 million share repurchase, as described below). All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its aff ...

MALTA, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (NASDAQ:GFS) (GF) today announced a partnership with Micron Technology, Inc. (NASDAQ:MU) and the U.S. National Science Foundation (NSF) to invest in workforce development at Minority Serving Institutions (MSI) to help meet the growing workforce needs of the U.S. semiconductor ecosystem. In partnership with Micron and the NSF, the investment will support semiconductor workforce development at Historically Black College and Universities, Hispanic S ...

财务数据和关键指标变化 - 第一季度收入为15.49亿美元,环比下降16%,主要由于出货量和利用率下降 [26] - 第一季度非IFRS毛利率为26.1%,超出指导范围 [32] - 连续第四个季度实现正的非IFRS自由现金流 [13] - 第一季度非IFRS每股摊薄收益为0.31美元,超出指导范围 [13] 各条业务线数据和关键指标变化 - 智能手机设备占总收入的44%,同比下降2%,但高端产品组合和5G射频前端、成像和显示应用的内容增长有所抵消 [28] - 家用和工业物联网(包括PC)占总收入的20%,同比下降19%,消费者和工业物联网细分市场出货量下降,但航空航天和国防业务有所增长 [29] - 汽车占总收入的17%,同比增长48%,主要由于出货量增加,半导体内容和功能在整车架构中不断提升 [30] - 通信基础设施和数据中心占总收入的8%,同比下降66%,由于出货量下降和客户向单位位数纳米工艺迁移 [31] 各个市场数据和关键指标变化 - 宏观经济和地缘政治不确定性预计将持续到2024年,一些客户正在调整近期的订单量 [11] - 某些细分市场如物联网和汽车的库存水平仍然较高 [11] - 公司正在与客户密切合作,寻求双方都能接受的解决方案,以应对当前的库存调整 [12] - 公司预计第一季度收入将是2024年的低点,之后将实现季度环比增长 [13] 公司战略和发展方向及行业竞争 - 公司正在加快将22纳米FDX、28纳米高压和40纳米技术转移到位于纽约州马耳他的FAB8工厂,以提供更多选择 [21] - 公司将利用美国CHIPS法案和纽约州绿色CHIPS计划获得的资金,在美国增加关键半导体制造能力 [22] - 公司正在努力在关键终端市场如汽车和高端智能手机应用中获得新的设计赢单,并将部分产能重新分配到这些更持久的细分市场 [21] - 公司看好长期来看通信基础设施和数据中心市场的需求,因人工智能将增加对高带宽通信和高效电源转换的需求 [20] 管理层对经营环境和未来前景的评论 - 公司预计宏观经济和地缘政治不确定性将持续到2024年,某些细分市场如物联网和汽车的库存水平仍然较高 [11] - 公司正在与客户密切合作,寻求双方都能接受的解决方案,以应对当前的库存调整 [12] - 公司预计第一季度收入将是2024年的低点,之后将实现季度环比增长 [13] - 公司看好汽车和高端智能手机应用的长期增长前景,但通信基础设施和数据中心市场在2024年仍将面临挑战 [20][28][30] 问答环节重要的提问和回答 问题1 **Vivek Arya 提问** 公司的趋势似乎比下游客户和工业及射频市场提前约一个季度见底。是什么因素帮助公司更早摆脱这一轮周期? 公司对2024年其余时间的季度增长有何预期? [44] **Thomas Caulfield 回答** 公司预计第一季度收入将是2024年的低点,之后将实现季度环比增长。这主要得益于以下几个方面: 1) 库存水平:绝对美元库存正在下降,这是一个重要指标 [45] 2) 汽车:去年是公司汽车业务快速增长的一年,今年仍有中高个位数的增长 [46] 3) 智能手机:预计今年手机出货量将小幅增长,高端智能手机占比提高将有利于公司 [47] 4) 通信基础设施和数据中心:预计收入将保持平稳 [46] 5) 物联网:预计上半年仍将平稳,下半年有望恢复增长 [46] 总的来说,公司主要业务线都有望在今年下半年实现增长 [48] 问题2 **Chris Caso 提问** 公司对2024年的价格趋势有何预期?新业务定价情况如何? [54] **Thomas Caulfield 回答** 公司预计2024年全年平均售价将与2023年持平。主要原因有: 1) 定价环境仍然良好,与同行的定价趋势一致 [55] 2) 公司大部分业务为单一来源,无法通过价格弹性获得更多机会 [55] 3) 季度间价格变化主要受产品组合影响 [55] **John Hollister 补充** 价格水平并不等同于盈利能力,高价产品不一定毛利更高 [57] 问题3 **Harlan Sur 提问** 第一季度毛利中有8200万美元的客户调整和重组费用,剔除这些因素后核心产品毛利约为22%。第二季度这部分费用会下降到多少? 产能利用率方面,第二季度是否会有所提升? [62] **John Hollister 回答** 第二季度客户调整费用的具体金额还在商议中。产能利用率方面,如果第二半年需求有所恢复,利用率有望提升,这将是毛利改善的主要驱动因素。但客户调整费用与此存在一定权衡,随着收入增长,这部分费用会相应下降 [63][64] **Thomas Caulfield 补充** 一般来说,客户调整费用下降,收入增长会抵消这一影响 [65]

For the quarter ended March 2024, GlobalFoundries Inc. (GFS) reported revenue of $1.55 billion, down 15.9% over the same period last year. EPS came in at $0.31, compared to $0.52 in the year-ago quarter. The reported revenue represents a surprise of +1.80% over the Zacks Consensus Estimate of $1.52 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +34.78%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Key Takeaways Shares of semiconductor manufacturer GlobalFoundries surged as markets opened Tuesday on the back of a first-quarter earnings report that included income nearly doubling analyst expectations. However, GlobalFoundries' financial performance fell year-over-year as the semiconductor market has corrected. The company was also one of the beneficiaries of the CHIPS Act, receiving a $1.5 billion grant from the Biden administration earlier this year to expand its operations in New York and Vermont. Sh ...

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 34.78%. A quarter ago, it was expected that this company would post earnings of $0.59 per share when it actually produced earnings of $0.64, delivering a surprise of 8.47%. Over the last four quarters, the com ...

GLOBALFOUNDRIES INC. TABLE OF CONTENTS Unaudited Statements Page Interim Condensed Consolidated Statements of Financial Position 2 Interim Condensed Consolidated Statements of Operations 3 Interim Condensed Consolidated Statements of Comprehensive Income 4 Interim Condensed Consolidated Statements of Changes in Equity 5 Interim Condensed Consolidated Statements of Cash Flows 6 Notes to Interim Condensed Consolidated Financial Statements 7-16 - 1 - GLOBALFOUNDRIES INC. INTERIM CONDENSED CONSOLIDATED STATEMEN ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 _________________________ FORM 20-F _________________________ o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 1 ...