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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (91709)	2/13/2024 10:03:42 AM
From: Return to Sender	1 Recommendation Recommended By Julius Wong Respond to of 95499

GlobalFoundries beats by $0.05, reports revs in-line; guides Q1 EPS below consensus, revs below consensus 6:51 AM ET 2/13/24 \| Briefing.com Reports Q4 (Dec) earnings of $0.64 per share, excluding non-recurring items, $0.05 better than the FactSet Consensus of $0.59; revenues fell 11.8% year/year to $1.85 bln vs the $1.85 bln FactSet Consensus. Co issues downside guidance for Q1, sees EPS of $0.18-0.28, excluding non-recurring items, vs. $0.47 FactSet Consensus; sees Q1 revs of $1.5-1.54 bln vs. $1.77 bln FactSet Consensus.GFS and Infineon (IFNNY) announced a new multi-year agreement on the supply of Infineon's leading 40nm automotive safety controller as well as power management and connectivity solutions through 2030GFS was awarded $35 million in federal funding to accelerate the manufacturing of GF's differentiated gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont. This funding brings GF closer to large-scale production of GaN chips, which are unique in their ability to handle high voltages and temperatures.