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IBM's $1.5B GlobalFoundries Suit Sees Fraud Claim Deleted

By Frank G. Runyeon ( September 14, 2021, 8:06 PM EDT) -- A New York state judge on Tuesday wiped IBM's fraud claims from its $1.5 billion lawsuit against semiconductor maker GlobalFoundries over a failed microchip production deal and also pulled the plug on the chipmaker's parallel lawsuit against IBM, clearing the way for IBM to pursue its contract claims ahead of a potential GlobalFoundries IPO....

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