GlobalFoundries (GFS) says it targets gross margin of around 30% this year, 40% in 2028, and 45% by 2030

Newsquawk StaffPublished 27 May 2026, 15:57 UTCOn the live feed at 15:37 UTC — 2 more headlines followed before this page went public

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15:45

US President Trump says there would be no Iran sanctions relief in exchange for giving up uranium, PBS reports

15:39

Boeing (BA) says it is ready to increase 737 MAX production to 47 jets/month after clearing an FAA capstone review for a MAX output hike, WSJ reports

15:37

GlobalFoundries (GFS) says it targets gross margin of around 30% this year, 40% in 2028, and 45% by 2030

15:34

White House on Iran, says negotiations are proceeding nicely; Trump has made red lines clear

15:33

US sells 17wk Bills at 3.63%, covered 3.01x

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CFO says 2026-2028 bridge primarily driven by mix, higher margin tech services, manufacturing productivity, and scale absorption

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