GlobalFoundries announced its Q1 2026 financial results with revenue of $1.634 billion and a gross margin of 27.6%. The company reported net income of $104 million and non-IFRS net income of $227 million, reflecting strong profitability despite a slight sequential revenue decline. Key business highlights include the launch of the SCALE optical module for co-packaged optics, aimed at enhancing AI data center connectivity, and an expanded partnership with Renesas Electronics to support automotive and industrial IoT applications. Looking ahead, GlobalFoundries expects continued growth driven by its advanced semiconductor technologies and strategic collaborations.
CBAK Energy Technology Limited has introduced new high-rate lithium iron phosphate (LFP) battery cells, 26650HP V2.0 and 26650PFS2 V2.0, designed specifically for backup power units (BBU) in AI data centers. These batteries offer significantly higher...
CBAK Energy Technology Limited announced new high-rate lithium iron phosphate (LFP) battery cells, 26650HP V2.0 and 26650PFS2 V2.0, designed for AI data center backup power units (BBU). These cells offer ultra-high discharge rates (up to 40C), low in...
Maisons du Monde will hold its mixed general meeting for shareholders on July 27, 2026, in Paris. Due to new regulations effective February 2026, the company will no longer mail physical meeting documents to shareholders but will provide all preparat...
VINCI, through its UK subsidiary FM Conway, has won three long-term road service contracts in Greater London, awarded by the boroughs of Westminster and Bromley. The contracts include infrastructure design, construction, inspection, and maintenance, ...
Maisons du Monde will hold its combined ordinary and extraordinary general meeting on July 27, 2026, in Paris. Due to new French regulations, the company will no longer send preparatory documents directly to shareholders but will make them available ...
