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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobalFoundries CEO on earnings beat: smart devices and autos helped drive growthTom Caulfield, GlobalFoundaries CEO, joins CNBC's 'Money Movers' to discuss the company's earnings beat, where the company sees growth going forward, and more.
Persons: Tom Caulfield Organizations: GlobalFoundaries
Cramer's Lightning Round:
  + stars: | 2023-05-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance. Stock Chart Icon Stock chart icon Rivian Automotive's year-to-date stock performance. Stock Chart Icon Stock chart icon Everi Holdings' year-to-date stock performance. Stock Chart Icon Stock chart icon Globalfoundries' year-to-date stock performance. Stock Chart Icon Stock chart icon Builders Firstsource's year-to-date stock performance.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemiconductor industry will double in next 10 years: GlobalFoundries CEO Tom CaulfieldGlobalFoundries CEO Tom Caulfield joins 'Closing Bell Overtime' to discuss GlobalFoundries quarterly earnings results, stock performance, and its outlook for the second half of the year.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAuto companies need to get ahead of the curve, says Tom CaulfieldTom Caulfield, GlobalFoundries CEO joins 'TechCheck' to discuss the future of the company and the company's Q4 earnings.
GM told Reuters that it is working to streamline how many unique kinds of chips are in its cars. But it is securing capacity for its suppliers to have the chips made because the overall number of chips is expected to rise. By the end of 2023, almost 18 million vehicles will have been removed from production plans since the chip shortage began, according to Auto Forecast Solutions. The auto chip shortage dramatically changed the way carmakers deal with their chip suppliers, with whom they previously rarely had direct contact. Several auto companies have now created teams and divisions to better secure chip supply and think about the design of digital platforms for cars going forward.
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