GlobalFoundries Expands into RISC-V Processor Market with MIPS Acquisition
GlobalFoundries, now owned by the United Arab Emirates, is undergoing a significant transformation that will bring more chip design capabilities in-house through a notable new acquisition. The company recently announced an agreement to acquire MIPS, the pioneering fabless design firm that developed the seminal MIPS architecture – a RISC-based instruction set adopted by many companies in the 1980s for their own chip designs. In 2021, MIPS announced it was ending development of its proprietary architecture to focus[…]