IBM depended on GlobalFoundries after investing heavily in a long-term mutual relationship. GlobalFoundries responded by taking IBM's money, and benefitting from IBM's knowledge, skill and assets. Though GlobalFoundries repeatedly assured IBM it would meet its commitments, GlobalFoundries instead abruptly and without any justification walked away from IBM while IBM was reliant on GlobalFoundries. GlobalFoundries has demonstrably failed to act as a reliable partner and supplier.<ref name=burlingtonfreepress />
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The lawsuit was issued among the then-current ({{as of|2023|01|lc=y}}) [[2020–present globalGlobal chip shortage (2020–2023)|global chip shortage]]. A spokesperson for GlobalFoundries called the claims "meritless ... Quite frankly, this is very disappointing coming from a company we have such a long history and strong partnership with."<ref name=burlingtonfreepress /> In 2023, GlobalFoundries sued IBM again over an [[intellectual property]] dispute involving IBM's agreement with [[Rapidus]].<ref>{{Cite web |title=GlobalFoundries sues IBM, says trade secrets were unlawfully given to Japan's Rapidus |url=https://www.cnbc.com/2023/04/20/globalfoundries-sues-ibm-says-unlawfully-gave-rapidus-trade-secrets.html |date=2023-04-20 |website=CNBC |language=en}}</ref>
