GlobalFoundries, the world’s third-largest contract chipmaker, reported a year-on-year net income fall of 29 percent to $178 million in the third quarter of 2024. Revenue at GlobalFoundries, which is backed by Abu Dhabi’s Mubadala Investment Company, was down 6 percent year on year to $1.7 billion. The company’s smart mobile devices end-market reported an 11 […]