Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek (6am-9am)Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek (6am-9am)

Mind Your Business: Strong Q3 and A.I. boom boost GlobalFoundries outlook

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As the backbone of the modern economy, GlobalFoundries, a semiconductor powerhouse, stands out with a profound impact on various sectors, from smartphones to artificial intelligence servers.

Its recent launch of a new facility in Singapore, promising 1,000 jobs, reflects the company's strategic moves.

Beyond this, the company's third-quarter financial highlights unveil a revenue gross margin of 28.6%, and a substantial cash reserve of $3.4 billion.

What factors propelled GlobalFoundries to such a strong financial performance, and how does the company plan to sustain this momentum? 

Tan Yew Kong,Senior Vice President and General Manager, GlobalFoundries Singapore breaks it down for us in this episode of Mind Your Business. 

 

Presented by Ryan Huang

This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)

She produces Mind Your Business, Biz-How-To and Breakfast Special segments on the Breakfast Show.

Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech, Trending business in town.

 

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Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek (6am-9am)

Get a head start on your workday with Ryan Huang, Emaad Akhtar and Audrey Siek from 6 am to 9 am.   
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