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) 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.
Arteris, a leading provider of system IP for SoC development, will announce its financial results for Q4 and the full year ended December 31, 2022, on February 28, 2023, after market close. A conference call is scheduled for the same day at 4:30 PM ET, accessible via phone and webcast. Arteris' solutions aim to enhance performance and efficiency in electronic systems, enabling quicker time-to-market and improved economics for customers.
On January 12, 2023, Arteris (Nasdaq: AIP) announced the grant of 260,483 restricted stock units (RSUs) to four new employees as inducement awards under its 2022 Employee Inducement Incentive Plan. This decision complies with Nasdaq Listing Rule 5635(c)(4) and was approved by the board of directors. The RSU grant date is recorded as January 10, 2023. Arteris specializes in providing system IP for system-on-chip (SoC) development, promoting higher product efficiency and quicker market readiness.
Arteris, Inc. (Nasdaq: AIP) has successfully acquired Semifore, Inc., a provider of hardware/software interface technology. This acquisition aims to enhance Arteris' system-on-chip (SoC) development by integrating Semifore's register management technology, crucial for effective hardware-software integration. While the financial terms remain undisclosed, the acquisition is not expected to materially impact Arteris' revenue or earnings in 2023. The merger is projected to accelerate SoC designs and reduce the risks associated with redesigns, offering a unified solution for hardware and software control.
Arteris, Inc. (Nasdaq: AIP) announced a collaboration with Telechips to integrate its FlexNoC interconnect IP into new automotive SoC products. These designs adhere to the latest automotive safety standards, including ISO 26262 and ASIL B/D, ensuring compliance with security requirements for advanced applications like ADAS and MCUs. The partnership aims to enhance performance, scalability, and safety in automotive systems, supporting Telechips' expansion in this space.
Arteris, Inc. (Nasdaq: AIP) announced the granting of 510,837 restricted stock units (RSUs) to four new employees as inducement awards under its 2022 Employee Inducement Incentive Plan. The RSU grants, effective November 8, 2022, were approved by the company's compensation committee in accordance with Nasdaq Listing Rule 5635(c)(4). Arteris specializes in system IP technology, enhancing the development and integration of system-on-chip (SoC) solutions across various sectors, including automotive and 5G communications.
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