GlobalFoundries to Acquire MIPS
Acquisition will expand GF portfolio with cutting-edge RISC-V processor IP and software tools for real-time computing in autonomous mobility, industrial automation, datacenter and intelligent edge applications MALTA, N.Y., and San Jose, Calif., July 8, 2025 – GlobalFoundries (Nasdaq: GFS) (GF) today announced a definitive agreement to acquire MIPS, a leading supplier of AI and processor IP. This strategic acquisition will expand GF’s portfolio of customizable IP offerings, allowing it to furthe