IBM and GlobalFoundries settle multibillion-dollar trade secret and contract lawsuits
Clears way for 'new opportunities' for collab, say pair
Systems
3 Jan 2025 |
Semiconductor maker GlobalFoundries, recently fined $500,000 for sanctions violations involving China, has been awarded up to $1.5 billion in funding under the US government's CHIPS and Science Act. The multinational semiconductor contract manufacturer said the money would go towards expanding its chipmaking capacity and …