GlobalFoundries has reported strong earnings for Q2 2022, with its revenue increasing 23% YoY to $1.99 billion. Focus on optimizing and prioritizing wafer capacity for end-market applications helped GlobalFoundries post a solid Q2 2022.

Ramping up of activities in development for the past few years, expanding manufacturing locations across the globe and long-term agreements with customers will enable GlobalFoundries to increase its market share and margins in the future.

Source: GlobalFoundries Earnings, Counterpoint Research

GlobalFoundries’ framework for realizing future growth

Differentiated specialty semiconductor manufacturing capabilities, which find extensive applications in power management, RFFE, Wi-Fi, computing, IoT and automotive, will be the major drivers for GlobalFoundries’ growth.

Source: GlobalFoundries Capital Markets Day, Counterpoint Research

Global Foundries has repositioned its strategy in enabling and accelerating customer growth in the future with:

Ashwath Rao has more than 20 years working experience in industry, research and academics. Ashwath had an opportunity to work with Intel Technology. Ashwath’s major coverage in Counterpoint is semiconductors and component research. Ashwath holds a Doctoral Degree, specializing in Microelectronics from Indian Institute of Information Technology, Master of Science (VLSI) from Manipal University and a Bachelor of Engineering (Electronics & Communication) from Mangaluru University.

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