Welcome to our dedicated page for INDIE SEMICONDUCTOR news (Ticker: INDI), a resource for investors and traders seeking the latest updates and insights on INDIE SEMICONDUCTOR stock.
Indie Semiconductor, Inc. (symbol: INDI) is a pioneering company in the field of automotive semiconductors and software platforms. With a core focus on custom microcontroller-based chips, indie Semiconductor replaces the traditional printed circuit board components with a single, optimized System-on-Chip (SoC). This innovative approach not only reduces product cost, size, and power consumption but also enhances reliability, manufacturability, and security.
The company specializes in mixed-signal design and is known for its ability to integrate new designs quickly and cost-effectively. Indie Semiconductor's strengths lie in delivering high-volume production, with millions of units shipped monthly. The firm's impressive growth trajectory is supported by its cutting-edge technologies and strategic market positioning.
Empowering the Autotech revolution, indie Semiconductor offers next-generation automotive semiconductors and software platforms. The company's products focus on edge sensors for advanced Driver Assistance Systems (ADAS), including LiDAR, connected car solutions, user experience enhancements, and electrification applications. These technologies are vital to the development of electric and autonomous vehicles, providing advanced user interfaces that seamlessly connect in-cabin experiences to mobile platforms.
Geographically, indie Semiconductor generates the majority of its revenue from Greater China, while also having significant market presence in the United States, Europe, South Korea, and other regions. Their rapid growth is driven by robust demand for their innovative solutions that are shaping the future of the automotive industry.
Rhea-AI Summary
Indie Semiconductor, Inc. (Nasdaq: INDI) has launched new high-performance video converters and retimers to enhance in-cabin connectivity applications for automotive systems. These solutions cater to the increasing demand for immersive in-vehicle experiences driven by the growth of in-cabin data and information available to drivers and passengers. The new products support various interfaces like DisplayPort, USB, HDMI, and LVDS, enabling seamless audio, video, and sensor information transmission. With the in-vehicle display market expected to exceed 140 million units by 2028, indie Semiconductor is well-positioned to capitalize on this growing semiconductor opportunity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.66%
Tags
-
Rhea-AI Summary
indie Semiconductor (INDI) to discuss first quarter 2024 results and business outlook in a conference call on May 9, 2024. Earnings press release to be issued via Business Wire.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
-
Rhea-AI Summary
indie Semiconductor, Inc. (INDI) announces a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP). The partnership aims to enhance indie's Advanced Driver Assistance Systems (ADAS) portfolio with AI-enabled processing capabilities, leveraging Expedera's Origin NPU solutions for improved performance at ultra-low power and low latency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.68%
Tags
Rhea-AI Summary
Indie Semiconductor (INDI) has granted equity awards to new employees under its 2023 Inducement Incentive Plan. The grants were approved by the Compensation Committee of the Board of Directors. For more information, visit the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
-
Rhea-AI Summary
Indie Semiconductor (INDI) will be participating in investor conferences like the Morgan Stanley Technology, Media & Telecom Conference and the 36th Annual Roth Conference in March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
-
Rhea-AI Summary
indie Semiconductor, Inc. (INDI) reports impressive Q4 revenue of $70.1M, up 112% YoY and 16% sequentially, with a non-GAAP gross margin of 52.7%. Full-year 2023 revenue reaches $223.2M, up 101% YoY. The company extends its ADAS, User Experience, and EV Design Win Pipeline, positioning itself as an Autotech solutions innovator.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.93%
Tags
Rhea-AI Summary
indie Semiconductor, Inc. (Nasdaq: INDI) has signed a distribution agreement with Avnet, a global technology distributor, to expand the global availability of indie's semiconductor product portfolio. This partnership aims to leverage Avnet's market reach and support capabilities to accelerate the distribution of indie's innovative solutions, which cater to automotive megatrends such as Driver Safety and Automation, In-cabin User Experience, and Electrification. The agreement includes indie's USB power delivery, intelligent lighting, motor control, ultrasonic, and 120GHz radar sensing silicon solutions, with plans to introduce additional product lines in the future. Both indie Semiconductor and Avnet express enthusiasm for the collaboration, highlighting the potential to bring value to customers across global automotive development regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.09%
Tags
-
Rhea-AI Summary
Indie Semiconductor, Inc. (Nasdaq: INDI) announced the promotion of senior executives to drive market outperformance and create an Autotech powerhouse. Peter Gulden appointed Executive Vice President of Radar Systems and Software, bringing global expertise in radar systems engineering. Dr. Gulden has an extensive background in radar sensor technology for automotive and industrial markets. Abhay Rai appointed Chief Product Officer, with a focus on expanding indie's footprint in the driver assistance segment. Michael Wittmann appointed Chief Operating Officer, bringing a strong and competitive product roadmap to achieve operational excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
-
Rhea-AI Summary
indie Semiconductor (Nasdaq: INDI) will hold a conference call to discuss its Q4 2023 results and business outlook on February 22, 2024. The press release will be available on indie's website and Business Wire. The call can be accessed via internet or telephone, with a replay available until March 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.65%
Tags
News
Rhea-AI Summary
Indie Semiconductor, Inc. (Nasdaq: INDI) and Ficosa have entered a joint global commercialization agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing. The partnership aims to deliver best-in-class imaging and detection to support the latest automotive safety regulations. The first smart camera solutions are expected to sample in 2024 with full-scale production by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.81%
Tags
FAQ
What is the current stock price of INDIE SEMICONDUCTOR (INDI)?
The current stock price of INDIE SEMICONDUCTOR (INDI) is $3.41 as of February 21, 2025.
What is the market cap of INDIE SEMICONDUCTOR (INDI)?
The market cap of INDIE SEMICONDUCTOR (INDI) is approximately 718.9M.
What does Indie Semiconductor, Inc. do?
Indie Semiconductor designs and manufactures custom microcontroller-based chips for automotive applications, reducing product cost, size, and power while enhancing reliability and security.
What markets does Indie Semiconductor serve?
The company primarily serves the automotive market, focusing on edge sensors for ADAS, connected cars, user experience, and electrification applications.
Where does Indie Semiconductor generate most of its revenue?
The majority of the company's revenue comes from Greater China, with additional sales in the United States, Europe, South Korea, and other regions.
What are the key strengths of Indie Semiconductor?
Indie's key strengths include its expertise in mixed-signal design, rapid and cost-effective integration of new designs, and high-volume production capabilities.
How does Indie Semiconductor contribute to the Autotech revolution?
Indie empowers the Autotech revolution with advanced semiconductors and software platforms for electric and autonomous vehicles, enhancing user interfaces and connectivity.
What technologies does Indie Semiconductor focus on?
The company focuses on technologies such as LiDAR, connected car solutions, advanced user interfaces, and electrification for automotive applications.
How does Indie Semiconductor's approach benefit manufacturing?
Indie's approach reduces the complexity of printed circuit boards by using a single optimized chip, resulting in lower costs, smaller sizes, and more energy-efficient products.
How many units does Indie Semiconductor ship monthly?
Indie Semiconductor ships millions of units per month, reflecting its rapid growth and high demand for its innovative products.
What is the significance of Indie Semiconductor's products?
Indie's products are crucial for the development of advanced automotive technologies, including electric and autonomous vehicles, by providing essential components and software platforms.
In which regions does Indie Semiconductor have a market presence?
Indie Semiconductor has a significant market presence in Greater China, the United States, Europe, South Korea, and other regions worldwide.
INDIE SEMICONDUCTOR INC
Nasdaq:INDI
INDI Rankings
INDI Stock Data
718.94M
179.33M
2.36%
102.36%
25.82%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
United States
ALISO VIEJO