This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Tech > GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues
Tech

GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues

Editorial Board Published November 30, 2021
Share
GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues
SHARE

GlobalFoundries Inc. swung to a third-quarter profit and its revenue rose 56%, driven by strong demand amid a chip shortage.

The contract chip maker, one of the world’s largest chip makers and Ford Motor Co. ’s semiconductor partner, reported a $5 million profit for the September quarter, compared with a $293 million loss a year earlier. On a per share basis, the profit was one penny, or 7 cents on an adjusted basis.

TAGGED:Tech NewsWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Omicron variant spooks Wall Street; Dow takes a tumble Omicron variant spooks Wall Street; Dow takes a tumble
Next Article Powell Lays Groundwork for Faster End to Stimulus as Inflation Outlook Worsens Powell Lays Groundwork for Faster End to Stimulus as Inflation Outlook Worsens

Editor's Pick

Trump admin slams China’s ‘world energy seize’ on uncommon earths, threatens triple-digit tariffs

Trump admin slams China’s ‘world energy seize’ on uncommon earths, threatens triple-digit tariffs

Each Treasury Secretary Scott Bessent and U.S. Commerce Consultant Jamieson Greer slammed China on Wednesday, Oct. 15, 2025, for what…

By Editorial Board 4 Min Read
‘Deeply alarmed’: Home Democrats ship a letter to Protection Secretary Pete Hegseth
‘Deeply alarmed’: Home Democrats ship a letter to Protection Secretary Pete Hegseth

Ladies veterans in Congress and almost 100 Home Democrats are decrying the…

8 Min Read
Whirlpool CEO says Trump tariffs create ‘stage taking part in area’ for US manufacturing growth
Whirlpool CEO says Trump tariffs create ‘stage taking part in area’ for US manufacturing growth

Fox Enterprise' Lydia Hu joins 'Mornings with Maria' with Whirlpool CEO Marc…

5 Min Read

Oponion

JetBlue passenger detained after opening emergency exit for ‘unknown causes’

JetBlue passenger detained after opening emergency exit for ‘unknown causes’

Tremayne Graves was faraway from his flight from Los Angeles…

January 8, 2025

Wall Street Had a Red-Hot Year, But Can It Last?

Wall Street has enjoyed a second…

December 21, 2021

CIOs Sound Off on Tech Buzzwords That Need to Go

Some are just hackneyed. Others signal…

December 31, 2021

Dockworkers arrested after 1,116 kilos of cocaine discovered hidden behind faux wall in transport container in Sydney

Three Sydney dockworkers have been charged…

September 2, 2025

Roblox Returns for Many Gamers After Long Outage

Videogame company Roblox Corp. suffered an…

November 1, 2021

You Might Also Like

Samsung’s Galaxy XR Combined Actuality Headset Undercuts Apple’s Imaginative and prescient Professional by ,700
Tech

Samsung’s Galaxy XR Combined Actuality Headset Undercuts Apple’s Imaginative and prescient Professional by $1,700

It has been 5 years since Samsung and Google stopped supporting their respective cellular digital actuality headsets. For a second…

3 Min Read
OpenAI’s Atlas Browser Takes Direct Intention at Google Chrome
Tech

OpenAI’s Atlas Browser Takes Direct Intention at Google Chrome

OpenAI introduced on Tuesday it’s rolling out a brand new web browser known as Atlas that integrates immediately with ChatGPT.…

2 Min Read
This Good Warming Mug Is Marked Down by
Tech

This Good Warming Mug Is Marked Down by $60

Because the winter months creep up on us, it's possible you'll be on the lookout for a brand new tumbler…

3 Min Read
Apple’s iPad Professional Is Tremendously Highly effective, however Nonetheless a Bit Area of interest
Tech

Apple’s iPad Professional Is Tremendously Highly effective, however Nonetheless a Bit Area of interest

I opened DaVinci Resolve and began enhancing some 4K footage and every little thing felt buttery clean, however extra vital…

3 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?