Overview

MIPS is a semiconductor IP company headquartered in San Jose, California, founded in 1998 and publicly listed under the ticker MIPS. It employs between 500 and 1,000 people and designs processor cores and compute subsystems based on the open-source RISC-V architecture. The company serves the automotive, industrial, electronics, electric-vehicle, and embedded markets. In 2026 it announced a collaboration with INOVA to develop a reference platform for robotic hands, and it was among the parties involved in GlobalFoundries' acquisition of Synopsys' Processor IP Solutions business.

At a glance

What Mips makes

MIPS offers configurable processor cores, platform IP for low-latency processing, and embedded development tools, with product lines covering semiconductor and battery management applications.

Products and capabilities described on the company's own site include Semiconductor, Battery, Battery Management (source: mips.com).

Latest developments

• 2026-09-29 — MIPS and Xcelsa Collaborate to Accelerate Verified, Workload-Optimized Custom Silicon - MIPS (mips.com)

• 2026-06-02 — GlobalFoundries completes acquisition of Synopsys’ Processor IP Solutions Business, delivering a holistic technology platform for Physical AI - MIPS (mips.com)

• 2026-04-21 — Arteris and MIPS Partner to Accelerate Development for Physical AI Platforms - Arteris (arteris.com)

• 2026-03-09 — MIPS and INOVA Collaborate to put Physical AI into the palm of Robotic hands with new Reference Platform - MIPS (mips.com)

• 2026-03-09 — MIPS and Green Hills Software Accelerate Safety Certified Product Development for MIPS RISC-V Microcontrollers - MIPS (mips.com)

• 2026-01-14 — GlobalFoundries to Acquire Synopsys’ Processor IP Solutions Business, Expanding Capabilities to Accelerate Physical AI Applications - MIPS (mips.com)

Company details

MIPS reports revenue in the range of 45 million and has a heritage dating to 1984, with its shift from proprietary architectures to RISC-V completed in 2021. Mips was founded in 1998, has an estimated 500-1,000 employees, and is headquartered in San Jose, California.

Frequently asked questions

What does Mips make?

MIPS is a semiconductor IP company headquartered in San Jose, California, founded in 1998 and publicly listed under the ticker MIPS. It employs between 500 and 1,000 people and designs processor cores and compute subsystems based on the open-source RISC-V architecture. The company serves the automotive, industrial, electronics, electric-vehicle, and embedded markets. In 2026 it announced a collaboration with INOVA to develop a reference platform for robotic hands, and it was among the parties involved in GlobalFoundries' acquisition of Synopsys' Processor IP Solutions business.

Where is Mips headquartered?

Mips is headquartered in San Jose, California (2870 Zanker Rd, San Jose, California, 95134-2133).

When was Mips founded?

Mips was founded in 1998.

How big is Mips?

Mips has an estimated 500-1,000 employees, with revenue in the 45M range.

Is Mips publicly traded?

Publicly traded (NASDAQ: MIPS). Public financial figures are drawn from its filings.

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Last verified Nov 2026. Is this your company? Request a correction.