‏GlobalFoundries takes a bigger step! 🚀

‏⁦‪$GFS.US ‬⁩ announced a new agreement for a credit facility worth $1.5 billion led by JPMorgan Bank, and it’s an alternative to the old credit line that was only $1 billion. 💳💵

‏🔹 Quick details:

‏📌 The agreement runs until 2031.
‏📌 The funding will be used for the company’s general purposes.
‏📌 It includes options to access major international banks.

‏The company’s share ⁦‪$GFS‬⁩ reacted to the news and is up now
‏ +0.72% at $46.00! 📈📊
‏⁧‫⁧‫#OktaCrowdStrikeSurgeOnEarningsBeat ‬⁩