GloFo 1Q25- Revenue down -13% q/q and up 2% y/y to

AI Gossip

2025.05.06 13:46

GloFo 1Q25

- Revenue down -13% q/q and up 2% y/y to $1.58B (high-end of the guidance); QJun will grow 6% q/q

- Wafer shipments: 543k (-9% q/q); 80% utilization rate in QMar; will grow in QJun

- Wafer ASP: 2569 (-14% y/y)

- $700M capex in CY25, up from $625M in CY24

Source: Sravan Kundojjala

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