Procurement Pro takes a look at the top news stories from July 2025.
GlobalFoundries acquires MIPS to accelerate AI capabilities
GlobalFoundries announced a definitive agreement to acquire MIPS, a supplier of AI and processor IP. This strategic acquisition will expand GF’s portfolio of customisable IP offerings, allowing it to further differentiate its process technologies with IP and software capabilities.
NVIDIA preps return to China as ban is lifted
NVIDIA has announced plans to resume sales of its H20 GPU in China, marking a reversal of a restriction imposed by the United States government earlier this year.
Founder and CEO Jensen Huang confirmed the development during customer briefings this month, stating that the company had begun filing export applications with the necessary authorities.
Synopsys completes acquisition of Ansys
Synopsys announced the completion of its acquisition of Ansys. The transaction, which was announced on 16th January 2024, combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products.
Synopsys is now positioned to win in an expanded $31 billion total addressable market (TAM).
Renesas confirms ¥235bn loss from Wolfspeed deal
Renesas Electronics Corporation confirmed a loss of ¥235 billion following the financial restructuring of its US-based silicon carbide (SiC) wafer supplier, Wolfspeed, Inc.
The move followed Wolfspeed’s decision to proceed with a bankruptcy reorganisation under Chapter 11 of the US Bankruptcy Code.
Tesla and Samsung sign $16.5bn chip deal
Tesla has signed a $16.5 billion deal with Samsung Electronics to produce its next-generation AI6 chips.
This move could revive the South Korean tech firm’s struggling foundry business in Texas, though it is unlikely to accelerate Tesla’s electric vehicle roadmap or the long-promised rollout of robotaxis.
