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Manila Times Business

GlobalFoundries completes acquisition of Synopsys’ Processor IP Solutions Business, delivering a holistic technology platform for Physical AI

Combines GF's Physical AI portfolio with MIPS' RISC-V and software-to-silicon expertise to accelerate custom, software-first products for automotive, industrial and agentic edge platforms MALTA, N.Y., June 02, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced the completion of its previously-announced acquisition of Synopsys’ ARC Processor IP Solutions business. Combined with MIPS, by GF, the acquisition establishes GF as a technology partner offering customers a softwa

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Source: manilatimes.net

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