Welcome to our dedicated page for Arteris news (Ticker: AIP), a resource for investors and traders seeking the latest updates and insights on Arteris stock.
Arteris, Inc. Common Stock (symbol: AIP) is a premiere technology company specializing in network-on-chip (NoC) interconnect IP and system-on-chip (SoC) integration solutions. Arteris’ innovative products are designed to enhance the performance and efficiency of semiconductor devices by providing flexible, efficient interconnect technology enabling reduced cycle times, increased margins, and the effortless addition of functionality.
Arteris' NoC interconnect IP, such as FlexNoC and Ncore, facilitates high-bandwidth, low-latency on-chip connectivity that is essential for a variety of advanced electronic systems. The company's modular architecture allows semiconductor designers to optimize throughput, power, latency, and floorplan, significantly reducing the complexity and physical constraints associated with traditional bus and crossbar interconnect approaches.
Arteris serves a global customer base spanning the Americas, Asia Pacific, Europe, and the Middle East, with a notable concentration of revenues from Asia Pacific. The company’s technology is integrated into devices ranging from 5G base stations and AI accelerators to automotive systems and enterprise computing platforms. This wide application scope is enabled by partnerships with industry leaders such as EdgeQ, Mobileye, and Rebellions.
Recent achievements include the deployment of Arteris’ FlexNoC in EdgeQ’s revolutionary 5G and AI-driven Base Station-on-a-Chip, collaboration with Arm for optimized automotive electronics, and the selection of Arteris' technology by Rebellions for next-generation AI applications. Additionally, Arteris’ Ncore interconnect IP has achieved ISO 26262 certification for functional safety, emphasizing its reliability in mission-critical systems.
Financially, Arteris has shown robust activity with a significant increase in design starts and new customer acquisitions. The company's latest quarterly results reflect strong revenue growth and expanding market influence, underpinned by strategic collaborations and product innovations. Furthermore, Arteris' strategic focus on high-growth sectors such as AI, automotive, and enterprise computing positions it well for continued success.
Arteris continues to advance its technology offerings with tools like Magillem and CSRCompiler, which automate SoC integration processes, further enhancing design efficiency and reducing time-to-market for new products. These solutions underscore Arteris' commitment to providing comprehensive, high-performance IP that meets the evolving needs of the semiconductor industry.
Arteris, Inc. (Nasdaq: AIP) announced a licensing agreement with Axelera AI for its FlexWay interconnect IP, aimed at enhancing the Metis AI platform, designed for AI inference at the edge. This collaboration focuses on delivering superior performance with reduced power consumption, optimizing SoC connectivity for computer vision applications. The Metis AI processing unit features four homogeneous AI cores, capable of independent neural network processing, enhancing throughput and reducing latency. Axelera AI emphasizes the significance of Arteris’ technology in meeting performance goals and timelines for complex machine learning architectures. The architecture is fully compatible with Arm AMBA standards and promotes low power usage and automation of SoC connectivity.
Arteris, Inc. (Nasdaq: AIP) will announce its financial results for the first quarter ended March 31, 2023, on May 4, 2023, after market close. A conference call is scheduled for the same day at 4:30 PM ET to discuss the results. Interested parties can join the call by dialing 877-407-9208 (U.S./Canada) or +1-201-493-6784 (International). A live webcast will be available on the Investor Relations section of the Arteris website and a replay will be accessible approximately 2 hours post-call for 30 days.
Arteris provides system IP to accelerate system-on-chip (SoC) development, enhancing performance, lowering power consumption, and speeding up time to market, ultimately aiding customers in achieving better SoC economics.
Arteris, Inc. (Nasdaq: AIP) has announced that ASICLAND has licensed its FlexNoC interconnect IP with Automotive ASIL B and AI options, aimed at enhancing the design of automotive and AI SoCs. This technology is anticipated to significantly reduce design time for customers in diverse industries. ASICLAND is noted for its extensive experience in semiconductor designs, successfully completing over 250 tape-outs across various applications including AI, 5G, and automotive. Arteris' FlexNoC technology is recognized for its performance and technical support, allowing ASICLAND to swiftly meet market demands. The partnership aims to strengthen ASICLAND's capabilities in developing advanced automotive solutions.
Arteris, a provider of NoC interconnect technology, reported its fourth quarter and full year 2022 financial results on February 28, 2023. For Q4, revenue was $11.2 million, down 2% year-over-year, with a net loss of $7.2 million or $0.21 per share. Annual Contract Value plus Trailing Twelve Month Royalties reached $52.4 million, a 22% increase adjusted for losses from HiSilicon and DJI. The company is optimistic about growth, guided by expected Q1 2023 revenue of $11.0 - $13.0 million and FY 2023 revenue of $56.0 - $60.0 million, despite macro-economic uncertainties.
Arteris, Inc. (Nasdaq: AIP) and SiFive have announced a strategic partnership to enhance Edge AI product innovation for both consumer electronics and industrial applications. This collaboration leverages SiFive's RISC-V processor IP and Arteris' system IP to create solutions that improve interoperability and accelerate the development of Edge AI SoCs. The newly launched SiFive 22G1 X280 Customer Reference Platform, featuring a SiFive X280 processor and Arteris Ncore interconnect IP, aims to streamline product development while optimizing performance and power efficiency. This partnership positions both companies to effectively address the growing demands for complex SoCs in the AI-driven market.
On February 22, 2023, Arteris, Inc. (Nasdaq: AIP) unveiled its latest innovation, Arteris FlexNoC 5, a fifth-generation network-on-chip (NoC) interconnect IP technology. This advancement offers up to 5X faster physical convergence compared to manual iterations, streamlining system-on-chip (SoC) development. FlexNoC 5 enhances capabilities for managing physical constraints in power, performance, and area (PPA), allowing teams to meet project deadlines within budget. Additionally, it expands support for Arm AMBA 5 protocols and introduces options for automotive safety and memory optimization.
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