GlobalFoundries Reports Third Quarter 2026 Financial Results

GlobalFoundries announced Q3 2026 results with $1.899 billion revenue, record 31.4% non-IFRS gross margin, and non-IFRS net income of $298 million. The company secured major partnerships including a landmark U.S.-Japan initiative providing up to $21 billion in funding for two new fabs in Malta, New York, a $955 million CHIPS Act amendment, a $2 billion manufacturing agreement with TSMC for silicon interposers, and expanded agreements with Marvell and Monolithic Power Systems. Q4 2026 guidance projects $2 billion revenue with 31.5% non-IFRS gross margin.