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QuickLogic Corp - 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.

QuickLogic Corporation (NASDAQ: QUIK) is a pioneering fabless semiconductor company specializing in customizable, low-power silicon solutions for mobile and portable electronics. With over three decades of experience, QuickLogic has established itself as an industry leader in providing embedded FPGA (eFPGA) intellectual property (IP), multi-core semiconductor system-on-chips (SoCs), discrete FPGAs, and AI software, enhancing the design and functionality of high-tech devices.

QuickLogic's flagship product offerings include their Customer Specific Standard Products (CSSPs), which allow for rapid development and longer market sustainability, crucial for the fast-paced mobile and portable electronics sectors. These solutions cater to a broad range of industries including Aerospace and Defense, Consumer/Industrial IoT, and Consumer Electronics markets, providing tailored silicon and software platforms.

Recent achievements highlight QuickLogic's innovative edge:

  • In March 2024, QuickLogic was selected by a large multi-national company for eFPGA IP targeting the TSMC N12e 12nm process. This partnership will result in ultra-low-power SoCs leveraging AI for commercial and industrial IoT applications.
  • QuickLogic announced its participation in the GOMACTech 2024 Conference to showcase its groundbreaking FPGA and eFPGA cores.
  • In collaboration with Zero-Error Systems America (ZES), QuickLogic is developing radiation-tolerant eFPGA IP for space applications, addressing demand for reliable reprogrammable hardware in satellite technology.
  • The release of Aurora 2.6, an advanced eFPGA development tool suite, supports both Windows and Linux platforms, offering performance boosts and new interactive features.
  • QuickLogic's subsidiary, SensiML, launched a disruptive open-source AutoML solution for edge AI/ML development, further democratizing AI technology for IoT devices.
  • QuickLogic's financial performance remains robust, with revenue growth and strategic inclusion in the Russell 3000® Index recognizing its market significance.

QuickLogic's end-to-end solution portfolio is completed by SensiML Corporation, providing AI/ML software that accelerates edge AI applications. Their unique approach combines hardware and software solutions to deliver efficient, low-power AI processing at the endpoint, enhancing device intelligence and functionality.

For more information, visit quicklogic.com.

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QuickLogic Corporation (NASDAQ: QUIK) has announced a conference call to discuss its first-quarter fiscal year 2021 financial results, scheduled for May 18, 2021, at 5:30 p.m. ET. Investors can access the call via a toll-free number or through a webcast available on the company's investor relations site. QuickLogic specializes in ultra-low power multi-core semiconductor platforms and AI solutions, integrating eFPGA technology with various processing capabilities to enhance efficiency in IoT applications.

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QuickLogic Corporation (NASDAQ: QUIK) announced its membership in the Open Source FPGA Foundation as a founding and Premier Member. This initiative aims to advance open-source FPGA capabilities by fostering collaboration among companies and universities. As a Premier Member, QuickLogic will join the Foundation's Board of Directors, enhancing its commitment to the open-source FPGA movement. QuickLogic is recognized for its ultra-low power semiconductor solutions and has actively embraced open-source tools through its QORC Initiative, promoting innovation in the FPGA technology space.

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QuickLogic Corporation (NASDAQ: QUIK) has entered a worldwide distribution agreement with Mouser Electronics. This partnership allows design engineers to easily access QuickLogic’s EOS S3 low power microcontrollers and development kits, all supported by open source software. The EOS S3 platform is tailored for AI inferencing, voice applications, and IoT. CEO Brian Faith highlighted that Mouser's distribution model will facilitate faster product availability, enhancing design efficiency for customers. The agreement is effective immediately, aiming to streamline product access.

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QuickLogic Corporation (NASDAQ: QUIK) announced its participation in the GOMACTech 21 virtual conference from March 29 to April 1, 2021. The event focuses on microcircuit applications for government systems, primarily for the Department of Defense. QuickLogic will showcase its ultra-low power, multi-core voice-enabled SoCs, embedded FPGA (eFPGA) IP, and AI solutions aimed at military, aerospace, and defense applications. The company's technology allows for on-chip reprogrammability, enhancing product longevity and adaptability.

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SensiML Corporation has teamed up with Silicon Labs to expedite the creation of TinyML smart IoT applications. Their collaboration utilizes the Thunderboard Sense 2 IoT Development Kit in conjunction with the SensiML Analytics Toolkit, allowing developers to create efficient AI sensor processing code for edge devices. This partnership aims to enhance application areas such as predictive maintenance, health monitoring, and sound detection. The solutions provided will significantly reduce development time, simplify the integration of AI/ML features, and accelerate market readiness.

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SensiML Corporation, a leader in AI tools for IoT, announced that CEO Chris Rogers will participate as a panelist on the "tinyML for Good – Conservation & Climate" panel at the virtual tinyML Summit 2021 on March 23. Additionally, he will present on March 25 about production-worthy tools for creating AI at the IoT edge, focusing on the capabilities of the SensiML Analytics Toolkit. This toolkit aids in developing smart IoT products through efficient data handling and AI model generation.

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QuickLogic Corporation (NASDAQ: QUIK) has entered into an agreement with the U.S. Defense Advanced Research Projects Agency (DARPA) to supply embedded FPGA IP and open-source FPGA tools through the DARPA Toolbox Initiative. This partnership allows DARPA research teams access to QuickLogic's advanced eFPGA technology and tools, which have been proven in military, aerospace, and defense applications for over 30 years. The initiative aims to provide researchers with reliable, high-quality resources while reducing dependence on low-cost alternatives, ensuring longevity and support.

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QuickLogic Corporation (NASDAQ: QUIK) announced the co-launch of the SparkFun Thing Plus – QuickLogic EOS S3 development kit, featuring an ultra-low power SoC with embedded FPGA technology. The kit, designed for edge IoT applications, includes 2,400 effective logic cells and supports open source tools like FreeRTOS and TensorFlow Lite. It will be available on Crowd Supply at the end of May, providing extensive documentation and support. This launch aligns with QuickLogic's QORC initiative, promoting accessible open source development.

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QuickLogic Corporation (NASDAQ: QUIK), a leader in ultra-low power, multi-core SoCs and AI solutions, announced that CEO Brian Faith will participate in the Virtual 33rd Annual Roth Conference on March 17, 2021. The event will run from 9:30 a.m. to 3:25 p.m. ET. Investors interested in one-on-one meetings can contact QuickLogic Investor Relations or their Roth representative. QuickLogic specializes in low-power semiconductor platforms, integrating eFPGA and AI technologies for various applications, including mobile and IoT.

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QuickLogic Corporation (NASDAQ: QUIK) has unveiled an Amazon-qualified reference design aimed at accelerating the development of smart hearable products. This innovative kit integrates Alexa's voice-initiated Close-Talk technology, facilitating seamless communication for battery-powered applications. Built on the EOS™ S3 ultra-low power voice processor, the design includes advanced features like noise suppression and AI capabilities from SensiML. It is now available for order, providing manufacturers with a comprehensive platform for next-gen hearables development.

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FAQ

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

The current stock price of QuickLogic (QUIK) is $7.04 as of November 15, 2024.

What is the market cap of QuickLogic (QUIK)?

The market cap of QuickLogic (QUIK) is approximately 104.2M.

What does QuickLogic Corporation specialize in?

QuickLogic Corporation specializes in customizable, low-power silicon solutions for mobile and portable electronics, offering products like embedded FPGA (eFPGA) IP, multi-core semiconductor SoCs, discrete FPGAs, and AI software.

What are Customer Specific Standard Products (CSSPs)?

CSSPs are silicon plus software solutions provided by QuickLogic that enable faster time-to-market and longer market presence for products by OEMs and ODMs, tailored for mobile and portable electronics.

What industries does QuickLogic serve?

QuickLogic serves various industries including Aerospace and Defense, Consumer/Industrial IoT, and Consumer Electronics markets.

What recent achievements has QuickLogic announced?

Recent achievements include selection for an eFPGA IP project with a large multinational, collaboration with Zero-Error Systems America for radiation-tolerant eFPGA IP, and the release of Aurora 2.6 development tools.

What is eFPGA?

Embedded FPGA (eFPGA) is a type of field-programmable gate array that can be embedded into a system-on-chip (SoC) or other semiconductor devices, allowing for flexible and customizable hardware acceleration.

What is the Aurora 2.6 tool suite?

Aurora 2.6 is QuickLogic's latest eFPGA development tool suite that supports Windows and Linux platforms, offering significant architectural enhancements and performance improvements for efficient design optimization.

What is SensiML Corporation?

SensiML Corporation is a subsidiary of QuickLogic that offers AI/ML software for IoT devices, including an open-source AutoML solution for edge AI/ML application development.

How did QuickLogic perform financially in the first quarter of 2024?

QuickLogic reported $6.0 million in revenue for the first quarter of 2024, with a GAAP gross margin of 66.3% and non-GAAP gross margin of 70.3%, achieving a net income of $0.1 million GAAP and $1.7 million non-GAAP.

What is the significance of QuickLogic's inclusion in the Russell 3000® Index?

Inclusion in the Russell 3000® Index highlights QuickLogic's growth and financial performance, providing broader exposure to the investment community and recognition of its strategic transformation.

How can investors stay updated about QuickLogic?

Investors can follow QuickLogic's updates through its website, blog, corporate social media accounts, press releases, SEC filings, public conference calls, and webcasts.

QuickLogic Corp

Nasdaq:QUIK

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QUIK Stock Data

104.15M
14.47M
8.4%
31.05%
11.33%
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