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GlobalFoundries expects upbeat quarter on demand for auto, data center chips
Reuters· 2025-11-12 14:15
Core Viewpoint - GlobalFoundries has projected fourth-quarter profit and revenue to exceed Wall Street estimates, driven by robust demand from clients in the automotive and data center markets [1] Group 1: Financial Performance - The company anticipates strong financial results for the fourth quarter, indicating a positive outlook for profitability and revenue growth [1] - Demand from the automotive sector is a significant contributor to the expected financial performance [1] - The data center market is also highlighted as a key area of growth for GlobalFoundries [1]