{"success":true,"data":{"pressRelease":{"id":"52250","rtpr_id":"nGNX3mphT5","ticker":"GFS","exchange":"NASDAQ","all_tickers":["GFS"],"title":"GlobalFoundries completes acquisition of Synopsys’ Processor IP Solutions Business, delivering a holistic technology platform for Physical AI","author":"Globe Newswire","published_at":"2026-06-02T12:30:01.246Z","article_body":"MALTA, N.Y., June 02, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS)\n(GF) today announced the completion of its previously-announced acquisition of\nSynopsys’ ARC Processor IP Solutions business. Combined with MIPS, by GF,\nthe acquisition establishes GF as a technology partner offering customers a\nsoftware-to-silicon capability purpose built for Physical AI. Synopsys retains\nand continues to expand its broad portfolio of interface and foundation IP,\nwhile GF assumes ownership and stewardship of the ARC processor IP business.\nMIPS combined with ARC brings together RISC-V processor IP, software tools,\ncustom design and advanced manufacturing into a single offering, while also\nexpanding GF’s engineering depth with world-class processor and AI talent to\naccelerate innovation.\n\n“Physical AI is driving tighter integration of compute, software and process\ntechnology and customers need a partner who can support them across all three\ntogether,” said Sameer Wasson, CEO of MIPS, by GF. “With MIPS and ARC\nunited, GF delivers the software, IP and custom silicon capabilities our\ncustomers need to build differentiated, application-specific solutions across\nautomotive, industrial robotics and embedded systems, enabling us to operate\nas a holistic technology partner and engage throughout the design cycle.”\n\nAgentic AI is rapidly extending beyond the data center into the physical\nworld, driving new physical AI and autonomous platforms across automotive\nradar and advanced driver-assistance systems to industrial robotics, smart\nfactories and the next generation of IoT devices. These systems must now\nsense, think, act and communicate in real time under tight power and latency\nconstraints, making differentiated silicon spanning compute, AI acceleration,\nsensing and connectivity, critical to performance and adoption.\n\n“As automotive and industrial systems become increasingly real-time and\nAI-driven, we need a technology partner that can bring together\nstandards-based IP and optimized silicon design at scale, with the supply\nresilience our industry now requires,” said Thomas Schneid, VP of Automotive\nSoftware and Ecosystem, Infineon. “GlobalFoundries' combination of MIPS and\nARC processor IP with its manufacturing scale provides companies strong\nend-to-end foundation to build differentiated, power-efficient solutions for\nnext-generation intelligent systems.”\n\nWith the transaction complete, the ARC processor IP business becomes part of\nGF's expanding Physical AI portfolio within MIPS. Together, MIPS and ARC form\na world-class RISC-V processor IP suite spanning high-performance, mid-range\nand ultra-low-power compute and AI cores, backed by more than 150 patents and\na global ecosystem of over 300 IP customers. The acquired portfolio also\nincludes the application-specific instruction set (ASIP) processor tools, ASIP\nDesigner and ASIP Programmer, empowering customers to design and program\ncustom processors tailored to their specific workloads. Paired with GF's\ndesign enablement, custom silicon capabilities, advanced software tools and\nglobal manufacturing footprint, customers gain a single partner from\narchitecture to silicon, enabling early engagement, differentiated product\ndevelopment and faster time-to-market.\n\nGF is working closely with Synopsys to ensure a smooth transition for\nemployees, customers and partners. For more information about MIPS ARC\nprocessor solutions, visit mips.com/arc\n(https://www.globenewswire.com/Tracker?data=SKldeq6cOLq0WogFx_x5o3U9roC7Vb1l2NNO-FEMstHCV-p51viGIlOU2Zxh63GGnQpvXTqt2qtfKhPOys8b4w==).\n\nAbout GF\nGlobalFoundries (GF) is a leading manufacturer of essential semiconductors,\nenabling AI at scale from the cloud to the physical world. Through deep\npartnerships with customers, GF delivers differentiated, power-efficient and\nhigh-performance solutions for automotive, aerospace and defense, data center,\nsmart mobile devices, internet of things and other high-growth markets. With\nglobal manufacturing operations across the U.S., Europe and Asia, GF is a\ntrusted and holistic technology partner for customers around the world. GF’s\ntalented, global team remains focused every day on security, longevity and\nsustainability. For more information, visit gf.com\n(https://www.globenewswire.com/Tracker?data=_sLwIQNrx9hZyWjHvfohzlNhEN-viWlG8KHGvT-SG1vyCf7Q3iYy1oxC4s5SWqQQMzYh33EDOejnPwP1NZ6mmf78bT1why-LD9UsH5eLAH3vOTzCz5z_bgCgGI99L0i_g1Hyy4i4L6NqqWD2JYuscIs2AT3IqUxn2N1ykwh3I_9RMf03I2ZLaYU6_N-z3hNcS67c5_2ETOYOsc15OCk014gSfj8-gK1zAkfclYiRKBZ83Fe5Q6MDpbdiBR4rX1yNk4X4rbice-FTyFKCns4OPWaS5N8GAJPgB9kk_ftRKsNIhuVJ3qYD0DfwoGs_g3JuPrkc54AMTz-ZMh5EY2wOTA3akaeig1ETSHS6vtR028_dnmyKIoKGmesBuS0t5OHjfjLyXGV2WwzfJvswwMnsskl4nvblbXawI_EjELn0lQg0but33eG9AxX42NFXD7c3oMJioSP76GyMouYgLUR1QFLvZ98LWd1sQl5dyrr_MdeMM52ngqAZ7mUEjBC9WLttwzM-AppLfmjoyzOzxOEFWm88NOtsHV01i1jUBUp4eUHN4pC-VJQ9-zss-kmNyoWgfxSQb4uZGDOz_5IcdcROAmKlzziDZPGHTWMuyg5IIlc__QYBgtRHx2KgOmb8DWUciAuHPBee-Sfk7rf80vmAmUwO5SbPkFV63vQYXYf5lbyOzrzenM2a-87jhzx5UToR-4OLM6eZcgFMMSFqLDJzJzyZoU166jyooytHYcSwS8N2HTpuckAj_oJSOzUXD6TkzDndpGOJ6U0F0xIJp7t7ColjdqwulL6iuF00MPOtcQgTbLN0_OyiEyTnOPp2vecWjmken1ulUDTUl1spPLI0Fckg_ljOPpL5yYUuiTuXypCwyXZ3LHTDqyb9W1rkb9Wi9SXJkQWYAJ944TUuULZqMy4G6mfOpIqI8khussDNJG4=).\n\n© 2026 GlobalFoundries Inc. GF(®), GlobalFoundries(®), the GF logos and\nother GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All\nother trademarks are the property of their respective owners.\n\nAbout MIPS\nMIPS, by GlobalFoundries, is a leading provider of RISC-V IP, software and\ncustom ASSP for physical AI platforms. With over 40 years of history in\ncomputing innovation and mission critical platforms, MIPS is uniquely\npositioned to advance the adoption of Physical AI in transportation, robotics,\nand other embedded markets. MIPS technology is based on the open RISC-V\ninstruction set architecture and uses virtual platforms to enable a modular,\nstandards-based approach to workload-focused solutions. For more information\nvisit mips.com.\n\nForward-looking information\nThis news release may contain forward-looking statements, which involve risks\nand uncertainties. Readers are cautioned not to place undue reliance on any of\nthese forward-looking statements. These forward-looking statements speak only\nas of the date hereof. GF undertakes no obligation to update any of these\nforward-looking statements to reflect events or circumstances after the date\nof this news release or to reflect actual outcomes, unless required by law.\n\nMedia Contacts:\nErica McGill\nerica.mcgill@gf.com\n\nJames Prior \njames.prior@gf.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/8d508fc4-5eca-472a-bcd1-34f5750681d1)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3mphT5","title":"GlobalFoundries completes acquisition of Synopsys’ Processor IP Solutions Business, delivering a holistic technology platform for Physical AI","author":"Globe Newswire","ticker":"GFS","created":"2026-06-02T12:30:01.246Z","tickers":["GFS"],"exchange":"NASDAQ","article_body":"MALTA, N.Y., June 02, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS)\n(GF) today announced the completion of its previously-announced acquisition of\nSynopsys’ ARC Processor IP Solutions business. Combined with MIPS, by GF,\nthe acquisition establishes GF as a technology partner offering customers a\nsoftware-to-silicon capability purpose built for Physical AI. Synopsys retains\nand continues to expand its broad portfolio of interface and foundation IP,\nwhile GF assumes ownership and stewardship of the ARC processor IP business.\nMIPS combined with ARC brings together RISC-V processor IP, software tools,\ncustom design and advanced manufacturing into a single offering, while also\nexpanding GF’s engineering depth with world-class processor and AI talent to\naccelerate innovation.\n\n“Physical AI is driving tighter integration of compute, software and process\ntechnology and customers need a partner who can support them across all three\ntogether,” said Sameer Wasson, CEO of MIPS, by GF. “With MIPS and ARC\nunited, GF delivers the software, IP and custom silicon capabilities our\ncustomers need to build differentiated, application-specific solutions across\nautomotive, industrial robotics and embedded systems, enabling us to operate\nas a holistic technology partner and engage throughout the design cycle.”\n\nAgentic AI is rapidly extending beyond the data center into the physical\nworld, driving new physical AI and autonomous platforms across automotive\nradar and advanced driver-assistance systems to industrial robotics, smart\nfactories and the next generation of IoT devices. These systems must now\nsense, think, act and communicate in real time under tight power and latency\nconstraints, making differentiated silicon spanning compute, AI acceleration,\nsensing and connectivity, critical to performance and adoption.\n\n“As automotive and industrial systems become increasingly real-time and\nAI-driven, we need a technology partner that can bring together\nstandards-based IP and optimized silicon design at scale, with the supply\nresilience our industry now requires,” said Thomas Schneid, VP of Automotive\nSoftware and Ecosystem, Infineon. “GlobalFoundries' combination of MIPS and\nARC processor IP with its manufacturing scale provides companies strong\nend-to-end foundation to build differentiated, power-efficient solutions for\nnext-generation intelligent systems.”\n\nWith the transaction complete, the ARC processor IP business becomes part of\nGF's expanding Physical AI portfolio within MIPS. Together, MIPS and ARC form\na world-class RISC-V processor IP suite spanning high-performance, mid-range\nand ultra-low-power compute and AI cores, backed by more than 150 patents and\na global ecosystem of over 300 IP customers. The acquired portfolio also\nincludes the application-specific instruction set (ASIP) processor tools, ASIP\nDesigner and ASIP Programmer, empowering customers to design and program\ncustom processors tailored to their specific workloads. Paired with GF's\ndesign enablement, custom silicon capabilities, advanced software tools and\nglobal manufacturing footprint, customers gain a single partner from\narchitecture to silicon, enabling early engagement, differentiated product\ndevelopment and faster time-to-market.\n\nGF is working closely with Synopsys to ensure a smooth transition for\nemployees, customers and partners. For more information about MIPS ARC\nprocessor solutions, visit mips.com/arc\n(https://www.globenewswire.com/Tracker?data=SKldeq6cOLq0WogFx_x5o3U9roC7Vb1l2NNO-FEMstHCV-p51viGIlOU2Zxh63GGnQpvXTqt2qtfKhPOys8b4w==).\n\nAbout GF\nGlobalFoundries (GF) is a leading manufacturer of essential semiconductors,\nenabling AI at scale from the cloud to the physical world. Through deep\npartnerships with customers, GF delivers differentiated, power-efficient and\nhigh-performance solutions for automotive, aerospace and defense, data center,\nsmart mobile devices, internet of things and other high-growth markets. With\nglobal manufacturing operations across the U.S., Europe and Asia, GF is a\ntrusted and holistic technology partner for customers around the world. GF’s\ntalented, global team remains focused every day on security, longevity and\nsustainability. For more information, visit gf.com\n(https://www.globenewswire.com/Tracker?data=_sLwIQNrx9hZyWjHvfohzlNhEN-viWlG8KHGvT-SG1vyCf7Q3iYy1oxC4s5SWqQQMzYh33EDOejnPwP1NZ6mmf78bT1why-LD9UsH5eLAH3vOTzCz5z_bgCgGI99L0i_g1Hyy4i4L6NqqWD2JYuscIs2AT3IqUxn2N1ykwh3I_9RMf03I2ZLaYU6_N-z3hNcS67c5_2ETOYOsc15OCk014gSfj8-gK1zAkfclYiRKBZ83Fe5Q6MDpbdiBR4rX1yNk4X4rbice-FTyFKCns4OPWaS5N8GAJPgB9kk_ftRKsNIhuVJ3qYD0DfwoGs_g3JuPrkc54AMTz-ZMh5EY2wOTA3akaeig1ETSHS6vtR028_dnmyKIoKGmesBuS0t5OHjfjLyXGV2WwzfJvswwMnsskl4nvblbXawI_EjELn0lQg0but33eG9AxX42NFXD7c3oMJioSP76GyMouYgLUR1QFLvZ98LWd1sQl5dyrr_MdeMM52ngqAZ7mUEjBC9WLttwzM-AppLfmjoyzOzxOEFWm88NOtsHV01i1jUBUp4eUHN4pC-VJQ9-zss-kmNyoWgfxSQb4uZGDOz_5IcdcROAmKlzziDZPGHTWMuyg5IIlc__QYBgtRHx2KgOmb8DWUciAuHPBee-Sfk7rf80vmAmUwO5SbPkFV63vQYXYf5lbyOzrzenM2a-87jhzx5UToR-4OLM6eZcgFMMSFqLDJzJzyZoU166jyooytHYcSwS8N2HTpuckAj_oJSOzUXD6TkzDndpGOJ6U0F0xIJp7t7ColjdqwulL6iuF00MPOtcQgTbLN0_OyiEyTnOPp2vecWjmken1ulUDTUl1spPLI0Fckg_ljOPpL5yYUuiTuXypCwyXZ3LHTDqyb9W1rkb9Wi9SXJkQWYAJ944TUuULZqMy4G6mfOpIqI8khussDNJG4=).\n\n© 2026 GlobalFoundries Inc. GF(®), GlobalFoundries(®), the GF logos and\nother GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All\nother trademarks are the property of their respective owners.\n\nAbout MIPS\nMIPS, by GlobalFoundries, is a leading provider of RISC-V IP, software and\ncustom ASSP for physical AI platforms. With over 40 years of history in\ncomputing innovation and mission critical platforms, MIPS is uniquely\npositioned to advance the adoption of Physical AI in transportation, robotics,\nand other embedded markets. MIPS technology is based on the open RISC-V\ninstruction set architecture and uses virtual platforms to enable a modular,\nstandards-based approach to workload-focused solutions. For more information\nvisit mips.com.\n\nForward-looking information\nThis news release may contain forward-looking statements, which involve risks\nand uncertainties. Readers are cautioned not to place undue reliance on any of\nthese forward-looking statements. These forward-looking statements speak only\nas of the date hereof. GF undertakes no obligation to update any of these\nforward-looking statements to reflect events or circumstances after the date\nof this news release or to reflect actual outcomes, unless required by law.\n\nMedia Contacts:\nErica McGill\nerica.mcgill@gf.com\n\nJames Prior \njames.prior@gf.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/8d508fc4-5eca-472a-bcd1-34f5750681d1)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-02T12:30:01.365657361Z","server_sent_at_ms":1780403401365},"received_at":"2026-06-02T12:30:01.598Z","source_url":"https://www.globenewswire.com/news-release/2026/06/02/3305160/0/en/GlobalFoundries-completes-acquisition-of-Synopsys-Processor-IP-Solutions-Business-delivering-a-holistic-technology-platform-for-Physical-AI.html"},"analysis":{"id":"41681","press_release_id":"52250","analysis_json":{"industry":{"label":"Semiconductors & Semiconductor Equipment","sector":"Information Technology"},"redFlags":[],"eventType":"m_and_a","narrative":"GlobalFoundries has completed its acquisition of Synopsys’ ARC Processor IP Solutions business, integrating it with its existing MIPS subsidiary.\n\nThis move establishes GF as a holistic technology partner offering a complete software-to-silicon capability for Physical AI, combining RISC-V processor IP, software tools, and advanced manufacturing.\n\nThe expanded portfolio includes over 150 patents and serves more than 300 IP customers, strengthening GF’s position in automotive, industrial robotics, and embedded systems markets.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"GF completes ARC acquisition, pivoting to a full-stack Physical AI partner with expanded RISC-V IP portfolio."},"keyFigures":{"customDimensions":{"ip_customers":300,"patents_acquired":150}},"quotedText":"With MIPS and ARC united, GF delivers the software, IP and custom silicon capabilities our customers need to build differentiated, application-specific solutions across automotive, industrial robotics and embedded systems","namedEntities":{"people":[{"name":"Sameer Wasson","role":"CEO of MIPS, by GF"},{"name":"Thomas Schneid","role":"VP of Automotive Software and Ecosystem, Infineon"}],"products":["ARC Processor IP Solutions","MIPS","RISC-V","ASIP Designer","ASIP Programmer"],"companies":[{"name":"GlobalFoundries","ticker":"GFS","relationship":"acquirer"},{"name":"Synopsys","relationship":"seller"},{"name":"MIPS","relationship":"subsidiary"},{"name":"Infineon","relationship":"customer"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"Completion of a strategic acquisition that significantly expands GlobalFoundries' IP portfolio and vertical integration into the high-growth Physical AI market. 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