Overview

• GF has struck a definitive agreement to acquire MIPS, a leader in RISC-V and AI processor IP.
• The acquisition enriches GF’s offering with MIPS’ general-purpose CPU architectures, AI inference accelerators and sensor technologies.
• GF’s shares climbed 6.5% on Nasdaq after the announcement as investors welcomed the expanded IP roadmap.
• The deal, pending customary regulatory approvals, is slated to close in the second half of 2025 with MIPS preserved as a standalone business unit.
• Executives say combining MIPS’ Atlas core lineup with GF’s advanced process technologies will enhance chip efficiency for automotive, industrial and datacenter applications.