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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SensiML extends support to Espressif ESP32 platform, offering a powerful tool for machine learning applications in IoT devices.
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QuickLogic and YorChip partner to create UCIe-compatible FPGA chiplet ecosystem for edge IoT and AI/ML markets. Chiplet adoption expected to reach over $200B by 2023. First chiplets to be available in early 2025.
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SensiML's CTO to present at Silicon Labs Works With conference on TinyML solutions, providing insights on challenges and best practices for implementing sensor-based ML models on resource-constrained devices.
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QuickLogic Corporation announces Q2 financial results. Revenue decreased by 29.3% QoQ and 35.7% YoY. Full year revenue growth expected to be above 30%. Q2 GAAP net loss of $2.3 million. Q2 non-GAAP net loss of $1.7 million. Affirms expectation of second half and full year non-GAAP profitability for 2023.
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QuickLogic Corporation (NASDAQ: QUIK) will discuss its second quarter fiscal year 2023 financial results in a conference call on August 14, 2023. The company will also participate in upcoming investor conferences, including the Oppenheimer 26th Annual Technology, Internet & Communications Conference, Jefferies Semiconductor, IT Hardware & Communications Technology Summit, and H.C. Wainwright 25th Annual Global Investment Conference.
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QuickLogic Corporation will be exhibiting at the Single Event Effects Symposium & Military and Aerospace Programmable Logic Devices Combined Workshop. Visitors will gain insight into the company's experience in programmable logic and its success in delivering custom, high-performance, low-power eFPGA IP cores and FPGA devices. QuickLogic also provides radiation-hardened eFPGA IP and FPGA devices for mission-critical applications.
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QuickLogic Corporation has been invited to participate in several investor events in the second quarter of 2023. The events include Oppenheimer 8th Annual Emerging Growth Conference on May 11th, 20th Annual Craig-Hallum Institutional Investor Conference on May 31st, and Stifel 2023 Cross Sector Insight Conference on June 6th. The company will also provide live webcasts and post an investor presentation on their website.
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FAQ
What is the current stock price of QuickLogic (QUIK)?
The current stock price of QuickLogic (QUIK) is $7.84 as of December 20, 2024.
What is the market cap of QuickLogic (QUIK)?
The market cap of QuickLogic (QUIK) is approximately 116.1M.
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
QUIK Rankings
QUIK Stock Data
116.09M
13.93M
8.74%
30.53%
10.87%
Semiconductors
Semiconductors & Related Devices
United States of America
SAN JOSE