Tag: $GlobalFoundries

Apple expands American manufacturing program with four new partners

Apple announced a significant expansion of its American Manufacturing Program on Thursday, bringing four new partners — Bosch, Cirrus Logic, TDK, and Qnity Electronics — into its domestic supply chain.

GlobalFoundries expects strong quarterly revenue on chips demand from data centers

GlobalFoundries (GFS) forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and announced a $500 million share buyback program, sending its shares up over 7% in premarket trading.