Intel doesn't seem best pleased with Global Foundries - a spin off from AMD, in collaboration with investment company ATIC - announcing that it "has notified Advanced Micro Devices (AMD) that it believes AMD has breached a 2001 patent cross-license agreement with Intel."
According to Intel the collaboration between AMD and ATIC breaches the terms of the cross-licensing agreement between AMD and Intel. Intel says that confidential portions of the agreement, which it wants made public, have been breached. AMD isn't acceding, so we can't actually tell what 'AMD Licensed Product,' 'Intel Licensed Product,' 'Intel Proprietary Product' or, indeed, any of the other terms to which the agreement refers actually mean.
Intel is alleging that Global Foundries does not count as an AMD subsidiary under the terms of the cross-licensing agreement. Intel says that this "could result in the loss of licenses and rights granted to AMD by Intel under the agreement."
AMD's response? "Intel's action is an attempt to distract the world from the global antitrust scrutiny it faces. Should this matter proceed to litigation, we will prove that Intel fabricated this claim to interfere with our commercial relationships and thus has violated the cross-license."