MIPS

MIPS is a San Jose-based semiconductor IP company with a 40-year heritage in RISC computing. After abandoning its own legacy architecture, MIPS reinvented itself around the open RISC-V instruction set and now builds compute subsystems for autonomous platforms across automotive, industrial, robotics, and edge AI markets. Its Atlas portfolio - spanning Sense, Think, Act, and Communicate building blocks - targets the low-latency, safety-critical demands of what the company calls Physical AI. In July 2025, GlobalFoundries announced a deal to acquire MIPS.