Synopsys has sold its processor IP solutions business to GlobalFoundries (GF) for an undisclosed amount.

GlobalFoundries shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 67 to 80.

GlobalFoundries sees its Relative Strength Rating hit the 80-plus level.

Synopsys will continue to broadly enable the industry's processor ecosystems with leading EDA solutions PPA-optimized for processor implementation, verification, signoff and electronics digital twins.

MALTA, N.Y., Jan. 15, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced the appointment of Ganesh Moorthy to its board of directors. Mr. Moorthy, former president and CEO of ...

GlobalFoundries has appointed Ganesh Moorthy, former president and CEO of Microchip Technology and longtime Intel executive, ...

Following GlobalFoundries' acquisition of Synopsys' ARC Processor IP business, MIPS CEO Sameer Wasson is not just integrating a portfolio; he is orchestrating a pivot.

Why GlobalFoundries Stock Is on Investors’ Radar GlobalFoundries (GFS) has caught investor attention after a strong month and past 3 months of share price gains, prompting a closer look at how its ...

In a move that signals a major strategic pivot, Synopsys has agreed to sell its ARC Processor IP business to New York-based ...

The GlobalFoundries plant in Essex Junction has been awarded an additional $9.5 million in federal funding to support advanced chip production in Vermont. The funding aims to boost manufacturing of ...

GlobalFoundries will acquire Synopsys' ARC Processor IP solutions business for an undisclosed sum. The semiconductor manufacturer said the acquisition will accelerate new product developments and ...

Synopsys has sold its Processor IP Solutions business to GlobalFoundries for an undisclosed sum. It follows the MIPS ...