Following the creation of the Global Foundries, AMD was in for some trouble. Intel has recently accused it of breaching a 2001 cross-licensing agreement, an accusation AMD has been officially informed of, and which the company denied.

“Intel believes that Global Foundries is not a subsidiary under terms of the agreement and is therefore not licensed under the 2001 patent cross-license agreement,” Intel said. Furthermore, Intel continued, the structure of the deal between AMD and ATIC breaks a confidential portion of the 2001 agreement.

Intel’s senior vice president and general counsel Bruce Sewell said AMD has no right to extend Intel’s licensing rights to a third party without Intel’s consent. Furthermore, he said, Intel has informed AMD about their concerns back in October, but with no success.

“We are willing to find a resolution but at the same time we have an obligation to our stockholders to protect the billions of dollars we’ve invested in intellectual property,” he added.

AMD said in turn they are willing to negotiate if Intel agrees to lift the confidentiality provision of the agreement. According to PC World, AMD responded in an e-mail saying they will make the cross-license agreement public if Intel drops their insistence on secrecy on the evidence in the US antitrust case.

Earlier this month, AMD officially announced that Global Foundries was open for business. Globalfoundries’ plans include expanding the Dresden, Germany manufacturing lines by adding a second 300mm manufacturing facility with bulk silicon capabilities online in late 2009, and begin construction on a new state-of-the-art 32nm and smaller features, $4.2 billion manufacturing facility at the Luther Forest Technology Campus in Saratoga County, NY, also in 2009.