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GlobalFoundries beats estimates with $1.94B in Q1 revenue, up 37% YoY, and projects $1.96B-$1.99B in Q2 revenue; stock is down 19% in 2022 amid a global selloff (Ian King/Bloomberg)

May 11, 2022

[ad_1] Ian King / Bloomberg: GlobalFoundries beats estimates with $1.94B in Q1 revenue, up 37% YoY, and projects $1.96B-$1.99B in…