{"id":991566,"date":"2026-02-12T08:58:32","date_gmt":"2026-02-12T03:28:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=991566"},"modified":"2026-02-12T09:00:06","modified_gmt":"2026-02-12T03:30:06","slug":"globalfoundries-expects-strong-quarterly-revenue-on-chips-demand-from-data-centers","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/12\/globalfoundries-expects-strong-quarterly-revenue-on-chips-demand-from-data-centers\/","title":{"rendered":"GlobalFoundries expects strong quarterly revenue on chips demand from data centers"},"content":{"rendered":"<p>GlobalFoundries forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and announced a $500 million share buyback program, sending its shares up over 7% in premarket \u200ctrading. <\/p>\n<p>GlobalFoundries has \u2060been \u2060increasingly shifting to cater to the high-growth artificial \u200bintelligence infrastructure sector, making specialized chips that allow data \u200bcenters to transfer data between each other at high speeds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GlobalFoundries forecast first-quarter revenue above Wall Street expectations on Wednesday, bolstered by strong demand for its chips, and announced a $500 million share buyback program, sending its shares up over 7% in premarket \u200ctrading. GlobalFoundries has \u2060been \u2060increasingly shifting to cater to the high-growth artificial \u200bintelligence infrastructure sector, making specialized chips that allow data \u200bcenters to transfer data between each other at high speeds.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-991566","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=991566"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991566\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=991566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=991566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=991566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}