https://finance.yahoo.com/news/1-globalfoundries-sues-ibm-says-170410751.html
OAKLAND, California, April 19 (Reuters) - Chip manufacturer GlobalFoundries Inc said on Wednesday it had filed a lawsuit against International Business Machines Corp , accusing it of unlawfully sharing confidential intellectual property and trade secrets.
New York-based GlobalFoundries said in its complaint that IBM had shared IP and trade secrets with Rapidus, a new state-backed Japanese consortium that IBM is working with to develop and produce cutting-edge two-nanometre chips.
It also asserted that IBM had unlawfully disclosed and misused its IP with Intel Corp, noting that IBM had announced in 2021 it would collaborate with Intel on next-generation chip technology.