GlobalFoundries also takes a bite of the AI pie and beats Wall Street expectations in Q2
GlobalFoundries
GlobalFoundries reported Q2 revenue that beat Wall Street forecasts, driven by strong demand for its data-center chips. The company posted revenue of $1.79 billion against an expected $1.77 billion, and adjusted diluted EPS of 46 cents, above the 44-cent consensus.
GlobalFoundries announced second-quarter revenue that exceeded Wall Street forecasts. The sales growth was fueled by increased demand for its data-center chips. The company reported Q2 revenue of $1.79 billion, beating the $1.77 billion estimate. Adjusted diluted earnings per share came in at 46 cents, surpassing the analyst consensus of 44 cents.
- Abbreviations
- EPS = Earnings Per Share — Прибыль на акцию
Source: 3DNews —
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