US EditionGlobalFoundries Acquires Chip Designer MIPS
UNITED STATES, JUL 8 – The acquisition will add MIPS' RISC-V AI processor IP and software tools to GlobalFoundries’ portfolio, supporting integrated semiconductor solutions in automotive, industrial, and datacenter markets.
- On July 8, 2025, GlobalFoundries announced a definitive agreement to acquire MIPS Technologies, expanding its portfolio with RISC-V processor IP and AI inference accelerators.
- GlobalFoundries' acquisition of MIPS aims to transition from contract manufacturing to an integrated semiconductor solutions provider, emphasizing RISC-V processor development to expand AI market offerings.
- Evidence confirms MIPS pivoted to RISC-V, adding CPU, AI accelerators, and sensors, leading GF's stock to rise nearly 7% on the news.
- Following the announcement, GF's global manufacturing footprint is expected to accelerate innovation and boost performance in automotive, industrial, and datacenter markets as the acquisition nears completion in late 2025.
- The acquisition is expected to close in late 2025, with integration taking years, enabling GF to offer RISC-V processors that could compete with its existing foundry clients.
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GlobalFoundries goes full-stack on AI chips with MIPS buy
GlobalFoundries has announced an agreement to acquire MIPS, a supplier of AI and processor intellectual property (IP). The acquisition aims to broaden GlobalFoundries' customizable IP portfolio and enhance its process technologies with integrated IP and software capabilities.
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