Editing MIPS Technologies (section)

{{short description|American fabless semiconductor design company}}
{{Use mdy dates|date=October 2018}}
{{coord|37.4201|N|122.0728|W|display=title}}
{{Infobox company
| name = MIPS Tech LLC
| logo = MIPS Logo v2.0 Final Primary.svg
| image = MIPS Technologies building.jpg
| image_caption = Former MIPS Technologies building in Santa Clara
| type = [[Privately held company|Private]]
| former_names = {{unbulleted list
 | MIPS Computer Systems, Inc. (1984–1992)
 | MIPS Technologies, Inc. (1992–2021)
}}
| traded_as = {{NASDAQ was|MIPS}} (1998–2013)
| foundation = {{start date and age|1984}}
| founders = {{unbulleted list
 | [[John L. Hennessy]]
 | [[Chris Rowen]]
}}
| hq_location = [[San Jose, California]], U.S.
| key_people = {{unbulleted list
 | Sameer Wasson (CEO)
}}
| industry = [[RISC]] [[microprocessor]]s
| products = [[Semiconductor intellectual property]]
| num_employees = up to 50 (according to LinkedIn in May 2018), previously 146 (September 2010)
| website = {{URL|mips.com}}
| parent = {{unbulleted list
 | [[Silicon Graphics]] (1992–1998)
 | [[Imagination Technologies]] (2013–2017)
 | Wave Computing (2018–2021)
}}
}}
'''MIPS Tech LLC''',<ref>{{cite web | date=2024 | url=https://mips.com/privacy-policy/ | title=Privacy Policy | work=MIPS.com | publisher=MIPS Tech | accessdate=March 15, 2024}}</ref> formerly '''MIPS Computer Systems, Inc.''' and '''MIPS Technologies, Inc.''', is an American [[Fabless semiconductor company|fabless semiconductor design company]] that is most widely known for developing the [[MIPS architecture]] and a series of [[Reduced instruction set computer|RISC]] [[Central processing unit|CPU chips]] based on it.<ref>{{cite magazine| first=John |last=Gantz |date=14 October 1991 |title=MIPS will have a tough time in a crowded market |magazine=InfoWorld |page=137 |url=https://books.google.com/books?id=1T0EAAAAMBAJ&pg=PA137 |volume=13 |issue=41 }}</ref><ref>Computer History Museum. "[http://www.computerhistory.org/fellowawards/hall/bios/John,Hennessy/ John Hennessy: 2007 Fellow Awards Recipient] {{webarchive|url=https://web.archive.org/web/20121003054212/http://www.computerhistory.org/fellowawards/hall/bios/John,Hennessy/ |date=October 3, 2012 }}." 2007. Retrieved September 16, 2011.</ref> MIPS provides [[Microprocessor|processor architectures]] and cores for digital home, networking, embedded, [[Internet of things]] and mobile applications.<ref>Agam Shah, IDG. "[http://www.pcworld.com/article/226355/mips_porting_googles_android_30_os_for_its_processors.html MIPS Porting Google's Android 3.0 OS for Its Processors]." April 26, 2011. Retrieved September 16, 2011.</ref><ref>Sam Dean, Ostatic. "[http://ostatic.com/blog/mips-advances-its-android-plans-outside-of-phones MIPS Advances its Android Plans – Outside of Phones] {{webarchive|url=https://web.archive.org/web/20110916050316/http://ostatic.com/blog/mips-advances-its-android-plans-outside-of-phones |date=September 16, 2011 }}." August 3, 2009. Retrieved September 16, 2011.</ref>

MIPS was founded in 1984 to commercialize the work being carried out at [[Stanford University]] on the [[MIPS architecture]], a pioneering [[RISC]] design. The company generated intense interest in the late 1980s, seeing design wins with [[Digital Equipment Corporation]] (DEC) and [[Silicon Graphics]] (SGI), among others. By the early 1990s the market was crowded with new RISC designs and further design wins were limited. The company was purchased by SGI in 1992, by that time its only major customer, and won several new designs in the [[game console]] space. In 1998, SGI announced they would be transitioning off MIPS and spun off the company.

After several years operating as an independent design house, in 2013 the company was purchased by [[Imagination Technologies]], best known for their [[PowerVR]] graphics processor family.<ref>{{cite press release|url=https://www.imgtec.com/news/press-release/completion-of-sale-of-mips/|title=Completion of sale of MIPS|date=October 25, 2017}}</ref> They were sold to Tallwood Venture Capital in 2017 and then purchased soon after by Wave Computing in 2018.<ref>{{Cite news|url=https://www.anandtech.com/show/12989/mips-acquired-by-wave-computing|title=MIPS Acquired by AI Hardware Vendor Wave Computing|website=Anand Tech|last=Smith|first=Ryan|access-date=June 16, 2018}}</ref> Wave declared bankruptcy in 2020, emerging in 2021 as MIPS and announcing that the MIPS architecture was being abandoned in favor of [[RISC-V]] designs.<ref>{{Cite web|date=2021-03-08|title=Wait, What? MIPS Becomes RISC-V|url=https://www.eejournal.com/article/wait-what-mips-becomes-risc-v/|access-date=2021-03-24|website=EEJournal|language=en-US}}</ref>

In May 2022, MIPS previewed its first RISC-V CPU IP cores, the eVocore P8700 and I8500 multiprocessors.<ref name=":0">{{Cite web |last=Dahad |first=Nitin |date=2022-05-12 |title=MIPS pivots to RISC-V, targets high performance processing |url=https://www.embedded.com/mips-pivots-to-risc-v-targets-high-performance-processing/ |access-date=2023-08-08 |website=Embedded.com |language=en-US}}</ref> In December 2022, MIPS announced availability of the P8700.<ref name=":1">{{Cite web |last=Leibson |first=Steven |title=MIPS Joins The RISC-V Gang |url=https://www.forbes.com/sites/tiriasresearch/2022/12/13/mips-technologies-joins-the-risc-v-gang/ |access-date=2023-08-08 |website=Forbes |language=en}}</ref>