India, May 22 -- At the recent announcement, Tim Breen, CEO of GlobalFoundries, said, "GF delivered strong results in the first quarter, with all of our Non-IFRS profitability metrics at or above the high end of the respective guidance ranges."

He added: "Thanks to the excellent execution from our teams around the world and the relentless focus on delivering for our customers, GF made significant traction in secular growth end markets where our differentiated technology drives share growth and outsized value creation."

Recent business highlights

* In May 2026, GF launched its optical module solution for co-packaged optics (CPO) known as SCALE, or Silicon Photonics Co-packaged Advanced Light Engine. GF's SCALE CPO solution is the indust...