Globalfoundries Leans on Automotive and Data Center Growth to Reach 30% Gross Margin Target
We expect GAAP gross margin to increase from 28% in 2023 to about 35% by 2029 as the firm should be able to increase utilization in its fabs. This level of gross margin is comparable with ...
Upstart targets $1B revenue and GAAP profitability for 2025 amid AI-driven model innovations
For the full year 2025, the company targets $1 billion in total revenues, $920 million from fees, and an adjusted EBITDA margin of approximately 18%. GAAP net income is projected to reach at least ...