IBM spun out their foundries to Global Foundaries (formerly part of AMD) a decade ago, then refused to commit to Global Foundaries next major process upgrades.

IBM spun out their foundries to Global Foundaries (formerly part of AMD) a decade ago, then refused to commit to Global Foundaries next major process upgrades. Staying on the bleeding edge of silicon requires massive investment, which they weren't willing to make. https://newsroom.ibm.com/2025-01-02-GlobalFoundries-and-IBM-Announce-Settlement-and-Resolution-of-All-Litigation-Matters https://newsroom.ibm.com/2025-01-02-GlobalFoundries-and-IBM-...