posted on June 24, 2021 18:05
GlobalFoundries is seeking a court ruling dismissing IBM’s claim that the chip maker violated a manufacturing agreement with the former owner of its fabs.GlobalFoundries acquired IBM’s semiconductor fabs in 2014. According to reports and a court filing, IBM has accused the Abu Dhabi-owned chip maker of failing to comply with the terms of a manufacturing contract. IBM is seeking $2.5 billion in damages.
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