GLOBALFOUNDRIES Inc

GFS: XNAS (USA)
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GlobalFoundries: Raise FVE to $60 as Convincing Long-Term Growth Path Announced at Investor Day

At its investor day, GlobalFoundries announced a 10%-12% revenue CAGR target for 2025 to 2030 and 45% long-term non-IFRS gross margin target. Its revenue target CAGR for communication infrastructure and data centers is the highest at 30%-plus. GF announced its first-ever dividend at $0.12 per share.

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