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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

QuickLogic (NASDAQ: QUIK) released Aurora 2.6, offering expanded operating system support to Windows 11 and Windows 10, boosting timing performance up to 15%. The update brings architectural enhancements, an interactive path analysis feature, and a streamlined Linux installation process, showcasing QuickLogic's commitment to innovation and efficiency.

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QuickLogic (NASDAQ: QUIK) announces its participation at the HEART 2024 Conference in Huntsville, AL, showcasing its FPGA and eFPGA core technologies. With three decades of experience, QuickLogic offers industry-leading solutions for consumer electronics, aerospace, and defense.
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SensiML™ , a subsidiary of QuickLogic (NASDAQ: QUIK), is showcasing its latest Data Studio platform at Embedded World 2024. The platform offers an integrated edge IoT ML solution and standalone licensing option, focusing on high-quality dataset creation for ML models. Featured demos include a Smart Boxing Glove Game, Smart Drill Demo, and Product Suite Demo, highlighting applications in various sectors like ergonomics, fitness, and operations monitoring.
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QuickLogic (NASDAQ: QUIK) announces Radhika Krishnan's resignation from the Board of Directors to focus on her role at Amazon Web Services. The company expresses gratitude for her contributions and remains well-positioned in the eFPGA IP ecosystem.
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QuickLogic Corporation partners with Zero-Error Systems America to develop radiation-tolerant eFPGA IP for commercial space applications. The collaboration aims to address the growing demand for reliable and reprogrammable hardware in LEO satellite constellations.
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QuickLogic Corporation (NASDAQ: QUIK) announces its participation in GOMACTech 2024 Conference, showcasing its innovative FPGA and eFPGA cores. The event targets government and military electronics industry, highlighting QuickLogic's 30 years of experience and track record in delivering millions of units across various applications.
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QuickLogic Corporation (NASDAQ: QUIK) has been selected by a large multi-national company for eFPGA IP targeting the TSMC N12e, 12nm process. The IP delivery for this contract is scheduled for fiscal year 2024. QuickLogic's eFPGA technology offers advantages in AI data acceleration, power consumption, and throughput compared to software solutions and processors. The company's experience and proprietary IP Generator position it well to assist customers in accelerating development schedules and reducing risks.
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QuickLogic Corporation (NASDAQ: QUIK) has been selected by a top-tier Defense Industrial Base company for eFPGA IP targeting GlobalFoundries' 12LP process. The IP delivery is scheduled for fiscal year 2024. QuickLogic's CEO, Brian Faith, highlighted the company's long-standing relationship with the Defense Industrial Base, emphasizing optimized SWaP-C solutions. Leveraging their Australis IP Generator, QuickLogic aims to meet the specific requirements of the mission.
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QuickLogic Corporation (NASDAQ: QUIK) reported record GAAP and non-GAAP net income for fiscal Q4 2023, with revenue growth of 31% for fiscal 2023. The company announced a new IP contract targeting 12nm fabrication node and saw a significant increase in gross profit. QuickLogic's sales funnel grew to a record $168 million, and the line of credit was increased to $20 million. The CEO anticipates continued growth and profitability in 2024 and beyond.
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QuickLogic Corporation (NASDAQ: QUIK) to discuss Q4 and fiscal year 2023 financial results in a conference call on February 27, 2024.
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FAQ

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

The current stock price of Quicklogic (QUIK) is $4.62 as of April 4, 2025.

What is the market cap of Quicklogic (QUIK)?

The market cap of Quicklogic (QUIK) is approximately 69.2M.

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

69.20M
14.56M
7.82%
30.1%
13.79%
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