GlobalFoundries is a major semiconductor foundry that manufactures semiconductor devices for customers across computing, automotive, industrial, and consumer markets. The company generates revenue primarily from volume production and sale of finished semiconductor wafers, supplemented by non-recurring engineering services, mask production, process qualification, post-fabrication services such as testing and packaging, and intellectual property licensing. The company serves customers through purchase orders, master supply agreements specifying pricing and volume terms, and long-term supply agreements with minimum volume requirements.