GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand - Tech news daily

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Tuesday, 30 November 2021

GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand

GlobalFoundries posted a 56% rise in revenue on Tuesday, in its first earnings update after going public in October, as the global semiconductor shortage drives companies to secure supplies of chips used in everything from cars to mobile phones.

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