IBM and GlobalFoundries: Truce Declared in Chip Tech Battle

Remember those dramatic courtroom battles between tech giants? Well, buckle up, because there's a new chapter in the saga. IBM and GlobalFoundries, two major players in the semiconductor world, have officially called a truce, settling all their outstanding lawsuits. After years of legal wrangling, it seems the dust has finally settled, and the door is open for potential future collaboration. Let's break down what went down and why this matters. A Tumultuous Past The conflict between IBM and GlobalFoundries isn't exactly new. It all stems back to 2015 when IBM sold its microelectronics manufacturing business to GlobalFoundries. As part of the deal, IBM paid GlobalFoundries a cool $1.5 billion and expected them to continue developing advanced chip technology, especially for IBM's high-powered mainframes. Fast forward a few years and GlobalFoundries decided to pull the plug on developing those super-advanced manufacturing processes in 2018. Why? Simply put, they didn't ha…