GlobalFoundries (GF), a semiconductor foundry, announced on July 8th (US Pacific Time) that it will acquire processor technology asset provider MIPS. This acquisition will strengthen GF's capabilities in RISC-V architecture processor cores, software tools, and other technologies, expanding its competitive advantage in markets such as AI, autonomous driving, industrial automation, data centers, and edge intelligence. The transaction is expected to close in the second half of 2025, pending regulatory approval. Following the acquisition, MIPS will operate as an independent division within GlobalFoundries. GlobalFoundries stated that this acquisition will allow it to further combine its process technology advantages with MIPS's scalable processor technology assets to provide more flexible customized solutions, helping customers create high-performance, low-power, and future-proof chip products. GlobalFoundries COO Niels Anderskouv further stated, "MIPS possesses strong computing technology assets for developing high-performance mission-critical applications, perfectly aligning with the increasingly diverse market demands for AI platforms. This acquisition will allow us to expand our RISC-V-based open platform product portfolio in applications such as autonomous vehicles, industrial applications, and data centers." In recent years, MIPS has continuously promoted processor technology based on the open architecture RISC-V and launched the Atlas series product portfolio, covering real-time processing, application processors, and AI edge computing cores. Through the Atlas Explorer virtual platform, it assists chip design teams in optimizing processor performance, power consumption, and area at an early stage, enhancing overall development efficiency. MIPS CEO Sameer Wasson stated that joining GlobalFoundries will allow them to leverage GlobalFoundries' global manufacturing, cybersecurity, and long-term supply capabilities to accelerate the development of "Physical AI" applications such as autonomous vehicles and industrial robots, opening a new chapter in the company's development. In the future, MIPS will continue to operate as an independent business unit, serving customers in the global autonomous driving, industrial control, and embedded markets. GlobalFoundries has been actively expanding its presence in the AI chip foundry market in recent years. Besides strengthening its FinFET and FD-SOI process technologies, it is also committed to open architecture platforms, physical technology assets, and chip security. This acquisition of MIPS will not only expand its processor technology asset portfolio but also enhance GlobalFoundries' ability to provide customers with complete "design-to-manufacturing" solutions. MIPS has previously undergone several resales and even shifted from its original Arm architecture to the RISC-V architecture. Founded in 1981 by John Hennessy, president of Stanford University and current chairman of Alphabet, MIPS, also based on a reduced instruction set architecture, was once a direct competitor to Arm. However, compared to the continued expansion of the Arm architecture, MIPS's less open architecture licensing model resulted in numerous limitations in applications, gradually causing it to lose its competitive edge in the market. In November 2012, it was acquired by Imagination Technologies. However, Imagination Technologies subsequently failed in the market and sold MIPS to Wave Computing. Although they open-sourced the MIPS architecture in hopes of attracting more market users, the market had almost entirely shifted to the Arm architecture design and development model, further limiting the development space for the MIPS architecture. Therefore, they fully transitioned to the RISC-V camp, which also uses an open-source architecture, and built their subsequent processor products based on the RISC-V architecture, focusing on security and high performance, targeting application scenarios such as autonomous driving, industrial control, and edge AI. As AI technology continues to extend to the edge and physical devices, the RISC-V architecture has rapidly risen due to its open and modular characteristics. GlobalFoundries' acquisition of MIPS is expected to further promote the application of the RISC-V architecture in high-performance and low-power computing, accelerate the evolution of the global AI ecosystem, and combine the manufacturing, design, and ecosystem integration advantages of both parties to provide more efficient, flexible, and secure AI solutions for the automotive, industrial, data center, and edge computing markets, strengthening their competitiveness in the next generation of intelligent computing landscape.