Overview

• GlobalFoundries has signed a definitive agreement to acquire RISC-V IP specialist MIPS, with terms undisclosed.
• The deal is expected to close in the second half of 2025, pending regulatory approvals and customary closing conditions.
• MIPS will continue operating as an independent business unit, preserving its existing foundry partnerships and customer agreements.
• GlobalFoundries will incorporate MIPS’ general-purpose CPU IP, AI inference acceleration technology and Atlas core family into its portfolio.
• The combined capabilities aim to shift GF from a pure-play contract foundry to a provider of integrated compute solutions across automotive, industrial and datacenter markets.