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19h ago

GlobalFoundries to Acquire MIPS in Push for Integrated RISC-V and AI Offerings

The acquisition sets the stage for GF’s evolution beyond contract wafer manufacturing into full-stack compute solutions.

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GlobalFoundries will invest $16 billion to expand manufacturing capabilities across its New York and Vermont facilities.

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.