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Quicklogic - QUIK STOCK NEWS

Welcome to our dedicated page for Quicklogic news (Ticker: QUIK), a resource for investors and traders seeking the latest updates and insights on Quicklogic stock.

Overview of QuickLogic Corporation

QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company specializing in innovative, customizable silicon solutions that are tailored for mobile, aerospace, defense, consumer electronics, and industrial IoT markets. At its core, QuickLogic leverages advanced embedded FPGA technology and programmable silicon to deliver customer specific standard products (CSSPs) designed to enhance time-to-market, reduce power consumption, and address the complex design challenges of modern electronic systems. The company combines embedded FPGA IP, discrete FPGAs, and FPGA SoCs with state-of-the-art software enabling rapid prototyping and integration of AI, voice, and sensor processing functionalities within diverse applications.

Product Portfolio and Technological Innovations

QuickLogic's product portfolio is robust and diversified. The company offers:

  • Embedded FPGA (eFPGA) IP: Flexible and customizable programmable logic cores that enable system designers to integrate tailored logic and features into their hardware designs.
  • Discrete FPGAs and FPGA SoCs: High-performance semiconductor solutions that allow for the integration of complex functionalities while maintaining low power and compact form factors.
  • Endpoint AI & Machine Learning Software: Through its subsidiary SensiML Corporation, QuickLogic provides AI/ML software that accelerates the deployment of intelligent algorithms at the edge, complementing its hardware offerings.

These solutions empower customers to quickly adapt to rapid market changes and evolving design requirements using programmable and reconfigurable silicon technologies. The adoption of such systems enhances system flexibility, reduces design risks, and extends the product lifecycle, particularly in mission-critical applications.

Industry Relevance and Market Position

QuickLogic operates in the highly competitive semiconductor sector, where the demand for low-power, compact, and versatile silicon solutions is incessant. By focusing on the specific needs of mobile and portable electronics OEMs and ODMs, as well as sectors like aerospace and defense, the company has positioned itself as a key enabler in markets that require rapid design cycles and extreme reliability. The integration of eFPGA technology into system architectures is a testament to QuickLogic’s commitment to meeting the design challenges posed by modern multi-core and high-performance applications.

Business Model and Revenue Streams

As a fabless semiconductor company, QuickLogic outsources fabrication while focusing on design, intellectual property (IP) development, and software tool integration. This capital-light approach allows the company to remain nimble and focus resources on innovation and customer-centric solution development. Revenue is generated primarily through IP licensing, customized solution contracts, and professional services that support its hardware platforms. Through strategic partnerships and distribution agreements with entities experienced in global component procurement and supply chain management, QuickLogic ensures broad market reach and robust support for its clientele.

Strategic Partnerships and Global Alliances

QuickLogic’s extensive network of global strategic partners has been pivotal in expanding its market influence. By partnering with companies specialized in electronic component distribution and aerospace/defense supply, QuickLogic ensures that its state-of-the-art solutions are accessible to a wide range of markets. These collaborations not only enhance the company’s visibility but also provide its customers with expert support, thereby reinforcing its reputation in mission-critical sectors. Each partnership is carefully cultivated to align with QuickLogic’s commitment to innovation, quality, and customer satisfaction.

Application Areas and Enhanced Capabilities

The company’s solutions are designed for a broad spectrum of applications:

  • Mobile and Portable Electronics: Offering low power consumption and compact designs to meet the rapidly changing demands of mobile technology.
  • Aerospace and Defense: Providing ruggedized FPGAs and customizable eFPGA IP that meet stringent requirements for reliability, performance, and security.
  • Industrial and IoT: Enabling the integration of advanced sensor processing and AI/ML capabilities that drive automation and efficiency.
  • Computing and Consumer Electronics: Delivering high-performance circuit solutions that support diverse functionalities with customizable logic resources.

By incorporating leading edge semiconductor practices and open-source design tools, QuickLogic simplifies complex design challenges and fosters innovation at the edge. The combination of hardware flexibility and AI-driven software platforms offers system designers an integrated solution that is both scalable and versatile.

Expertise, Innovation, and Market Impact

QuickLogic’s contributions to the semiconductor industry are underpinned by decades of experience in programmable logic and a deep understanding of evolving market needs. The company’s pioneering work in reconfigurable silicon design has created a competitive advantage that supports the development of systems that are agile, efficient, and cost-effective. Its technical expertise in integrating software with innovative silicon designs enables customers to achieve faster time-to-market while reducing the inherent risks in hardware design. This blend of technical prowess and market insight positions QuickLogic as an authoritative source of innovative solutions in the rapidly advancing semiconductor landscape.

Conclusion

In summary, QuickLogic Corporation is an established innovator in the realm of customizable semiconductor solutions. With a diverse portfolio built around embedded FPGA technology and a focus on strategic partnerships, QuickLogic is equipped to address the demanding and evolving needs of industries ranging from mobile and consumer electronics to aerospace, defense, and industrial IoT. Its commitment to delivering low power, high-performance, and cost-effective solutions continues to define its market significance and impact, ensuring that its customers remain at the forefront of technological innovation.

Rhea-AI Summary

SensiML Corporation, a leading AI tool developer for IoT endpoints, announces its participation in the Works With 2021 conference, hosted by Silicon Labs on September 14-15. SensiML will sponsor and lead a hands-on workshop on September 15, focusing on integrating Predictive Maintenance in smart building devices using TinyML. The event gathers industry leaders to share insights on smart home, smart city, and IIoT products. Attendees will engage in practical sessions and connect with experts.

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QuickLogic Corporation (NASDAQ: QUIK) has launched the Australis embedded FPGA (eFPGA) IP Generator, enhancing its offerings in programmable logic technology. This innovative tool enables ASIC/SoC developers to create customized eFPGA IP efficiently, promising fast time-to-market and cost-effective solutions. With features based on the OpenFPGA framework, Australis supports a variety of foundries, optimizing for power, performance, and area. The launch comes amid semiconductor supply challenges, positioning QuickLogic favorably in a competitive landscape.

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QuickLogic Corporation (NASDAQ: QUIK) will have its President and CEO, Brian Faith, participate in the H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021. This virtual event is scheduled from 9:30 a.m. to 1:00 p.m. ET. An on-demand presentation will be available starting at 7:00 a.m. ET on the same day. Interested investors can contact QuickLogic Investor Relations for one-on-one meetings. QuickLogic specializes in ultra-low power multi-core SoCs and AI solutions.

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QuickLogic Corporation (NASDAQ: QUIK) announced a $2 million eFPGA contract on September 1, 2021. The revenue from this contract is set to be recognized in the second half of fiscal 2021, maintaining previously provided guidance. This contract follows QuickLogic's QORC initiative, launched in June 2020, which emphasizes open-source development tools for FPGA technology. The customer selected QuickLogic after a thorough evaluation of competitors, underscoring the company's expertise in programmable logic devices. This partnership aims to support the customer's innovative product development.

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QuickLogic Corporation (NASDAQ: QUIK) announced a partnership with Rubidium Ltd. to deliver an advanced voice recognition solution. This collaboration combines QuickLogic's EOS™ S3 platform with Rubidium's Voice User Interface software, enabling developers to easily add voice interface capabilities to IoT devices. The solution is optimized for low power consumption and works efficiently even in noisy environments, making it ideal for battery-operated applications. The offering supports multilingual recognition and is suitable for various sectors, including wearables and smart home devices.

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QuickLogic Corporation (NASDAQ: QUIK) reported its Q2 fiscal 2021 financial results, achieving a record revenue of $2.9 million, a 31% increase year-over-year. New product revenue reached approximately $1.3 million, marking a 54% year-over-year growth. GAAP gross margin stood at 50.9% while operating expenses decreased to $3.4 million. Despite the revenue growth, the company reported a GAAP net loss of $2.1 million, increasing from the previous quarter's loss of $1.7 million. A conference call is scheduled to discuss the results further.

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QuickLogic Corporation (NASDAQ: QUIK) has announced a conference call set for August 17, 2021, at 5:30 p.m. ET to discuss its second quarter fiscal year 2021 financial results. The company specializes in ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions.

The call will be accessible via dial-in and will also have a replay option available until August 24, 2021. A webcast will be available on QuickLogic's IR site for a duration of 12 months.

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QuickLogic Corporation (NASDAQ: QUIK) announced a partnership with Zifisense to launch the ZETA TinyML development kit, aimed at enhancing IoT applications in China. This kit is based on Zifisense's ZETA LPWAN technology, addressing key challenges like power consumption and wide-area coverage. Powered by QuickLogic's EOS S3AI, the development kit supports real-time processing for various applications including environmental monitoring and predictive maintenance. Available in September 2021, the ZETA kit is designed for enterprises and developers seeking efficient, low-power solutions for embedded AI.

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SensiML Corporation has signed a worldwide distribution agreement with Digi-Key Electronics, allowing Digi-Key to offer the Basic Edition of SensiML's Analytics Toolkit. This toolkit enables developers to build AI-based sensor applications efficiently through a three-step process: Data Capture Lab, Analytics Studio, and TestApp. The quarterly SaaS plan is designed to cater to small and mid-tier innovators, facilitating the rapid development of AI solutions for IoT products. The partnership aims to enhance customer reach and drive growth for SensiML.

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SensiML Corporation, a developer of AI tools for IoT applications, has partnered with Microchip Technology to enhance AI code development for smart industrial and consumer IoT. This collaboration simplifies the integration of SensiML's Analytics Toolkit with Microchip's MPLAB X IDE, allowing developers to efficiently generate AI models using minimal power and memory. The combined tool suite supports a range of microcontrollers, with the SAM-IoT WG Development Board currently available. This partnership aims to transform sensor data into actionable insights, catering to diverse applications.

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FAQ

What is the current stock price of Quicklogic (QUIK)?

The current stock price of Quicklogic (QUIK) is $4.6 as of April 17, 2025.

What is the market cap of Quicklogic (QUIK)?

The market cap of Quicklogic (QUIK) is approximately 78.2M.

What core products does QuickLogic offer?

QuickLogic develops embedded FPGA IP, discrete FPGAs, and FPGA SoCs integrated with AI/ML software, offering customizable silicon solutions for diverse applications.

How does QuickLogic's business model work?

QuickLogic operates as a fabless semiconductor company, focusing on design and IP development while outsourcing fabrication. Its revenue is generated through licensing, custom solution contracts, and professional services.

Which industries benefit from QuickLogic's solutions?

QuickLogic serves multiple markets including mobile and portable electronics, aerospace and defense, industrial IoT, consumer electronics, and computing applications.

What advantages do QuickLogic's programmable silicon solutions provide?

Their solutions offer rapid time-to-market, low power consumption, cost-effectiveness, and enhanced flexibility through customizable logic, addressing specific technical requirements across various applications.

How does QuickLogic integrate AI and advanced software?

Through its subsidiary, SensiML Corporation, QuickLogic provides AI/ML software that complements its hardware platforms, enabling efficient edge AI processing and intelligent sensor integration.

What is the significance of embedded FPGA technology?

Embedded FPGA technology allows designers to embed programmable logic into their hardware, offering flexibility, enhanced performance, and rapid reconfigurability to meet evolving design needs.

How does QuickLogic ensure global market reach?

QuickLogic collaborates with strategic global partners and distribution networks, which extend its reach across key regions and support mission-critical applications in aerospace, defense, and high-demand sectors.

What sets QuickLogic apart in the competitive semiconductor industry?

By combining decades of experience with cutting-edge technology and open-source design tools, QuickLogic delivers innovative, low-power, and customizable solutions that address complex design challenges in multiple markets.
Quicklogic

Nasdaq:QUIK

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QUIK Stock Data

78.21M
14.56M
7.82%
30.1%
13.79%
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