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-0.00266288951841358 -0.00228808019176284 -0.0032686859882327 -0.0032686859882327 0.00991501416430591 0.000217912399215627 0.00130747439529314 0.00109174112006974
Stock impact report

GlobalFoundries Files Patent Infringement Lawsuits Against Tower Semiconductor to Protect High-Performance American Chip Innovation

GlobalFoundries Inc. (GFS) 
Company Research Source: GlobeNewswire
MALTA, N.Y., March 26, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF), a leading American semiconductor manufacturer, today announced that it has filed multiple lawsuits in the U.S. against Tower Semiconductor Ltd. alleging that it has infringed GF patents by freeriding on decades of GF innovation with an intent to unlawfully take business away from the American chipmaker. The lawsuits were filed today in the U.S. International Trade Commission (ITC) and the United States District Court for the Western District of Texas. The complaints allege that Tower, a competing semiconductor manufacturer, unlawfully uses GF’s patented manufacturing process technologies, engaging in unlicensed exploitation of GF’s R&D investments rather than undertaking the costly, long-term research required to develop these capabilities independently. The actions assert infringement of 11 GF U.S. patents protecting high-performance technologies critical to smart mobile, automotive, aerospace and Show less Read more
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