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GlobalFoundries Maps Path to 40% Margins as Silicon Photonics Demand Builds

GlobalFoundries Sam Franklin GFS Krish Sankar Mubadala MarketBeat

GlobalFoundries (NASDAQ:GFS) Chief Financial Officer Sam Franklin said the chipmaker sees a path to significantly higher profitability over the next several years, driven by a mix shift toward faster-growing end markets, technology services, manufacturing productivity and better utilization of its existing footprint.

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