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Arteris Selected by Whalechip for Near-Memory Computing Chip

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Arteris (Nasdaq: AIP), a system IP provider for semiconductor creation, announced that Whalechip has licensed its FlexNoC 5 network-on-chip (NoC) interconnect IP for a custom ASIC design focused on near-memory computing (NMC).

The FlexNoC 5 technology will be implemented in Whalechip's custom ASIC to address memory access bottlenecks in modern chips. The solution aims to support applications in artificial intelligence, autonomous driving, cloud servers, and blockchain computing. The technology offers advanced physical awareness capabilities that help minimize development time while optimizing power consumption and die size.

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Positive

  • Strategic partnership with Whalechip for AI and autonomous driving applications
  • Technology addresses critical memory access bottlenecks in modern chips
  • FlexNoC 5 enables improved SoC design with reduced development time

Negative

  • None.

News Market Reaction 2 Alerts

-3.18% News Effect
-$13M Valuation Impact
$387M Market Cap
0.1x Rel. Volume

On the day this news was published, AIP declined 3.18%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $13M from the company's valuation, bringing the market cap to $387M at that time.

Data tracked by StockTitan Argus on the day of publication.

FlexNoC 5 network-on-chip interconnect IP from Arteris licensed by Whalechip, providing connectivity and enabling superior performance, area, and power for custom ASIC

CAMPBELL, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- In a market reshaped by the compute demands of AI, Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP for accelerating semiconductor creation, today announced that Whalechip has licensed Arteris’ FlexNoC 5 network-on-chip (NoC) interconnect IP. Arteris’ physically aware NoC IP will be used in the design of a custom ASIC that will enable advanced near-memory computing (NMC) architecture.   

Memory access remains a bottleneck for many modern chips. Whalechip specializes in developing custom ASICs, processors, and computing system-level solutions that advance the future of memory computing.

“Arteris is the proven industry leader for system IP with innovative and reliable technology such as FlexNoC 5 that will enable us to deliver on our custom ASIC vision,” said Alex Yang, COO of Whalechip. “The best-in-class NoC technology and expert support from Arteris will be instrumental in our silicon designs for artificial intelligence, autonomous driving, cloud servers interconnected computing, and blockchain computing power infrastructure layer.”

“Our FlexNoC 5 IP technology is enabling power-efficient and performance-optimized AI SoCs across the globe,” said K. Charles Janac, president and CEO of Arteris. “We are pleased to support Whalechip with their NMC designs focused on computational efficiency in AI applications, helping to deliver the optimal balance of power, performance, and area that is required to deliver advanced computing for today’s market.”

FlexNoC 5 interconnect IP enables efficient, high-performance network-on-chip (NoC) designs for complex SoCs. It improves SoC design success with its advanced physical awareness capability that minimizes development time, improves performance, lowers power consumption, and minimizes die size for applications such as AI. Learn more at arteris.com/FlexNoC.

About Arteris

Arteris is a global leader in system IP used in semiconductors to accelerate the creation of high-performance, power-efficient silicon. Arteris network-on-chip (NoC) interconnect IP and system-on-chip (SoC) integration automation software are used by the world's top semiconductor and technology companies to improve overall performance, engineering productivity, reduce risk, lower costs, and bring complex designs to market faster. Learn more at arteris.com.

About Whalechip

WHALECHIP Co., Ltd. is a fabless semiconductor and system solutions provider dedicated to technological innovation. They specialize in the development of HPC ASICs and processors and deliver HPC computing system-level solutions. Learn more at www.whalechip.com.

© 2004-2025 Arteris, Inc. All rights reserved worldwide. Arteris, Arteris IP, the Arteris IP logo, and the other Arteris marks found at https://www.arteris.com/trademarks are trademarks or registered trademarks of Arteris, Inc. or its subsidiaries. All other trademarks are the property of their respective owners.

Media Contact:
Gina Jacobs
Arteris
+1 408 560 3044
newsroom@arteris.com

This press release was published by a CLEAR® Verified individual.


FAQ

What is the purpose of Arteris FlexNoC 5 in Whalechip's custom ASIC?

FlexNoC 5 will enable advanced near-memory computing (NMC) architecture, addressing memory access bottlenecks and optimizing power, performance, and area in AI applications.

Which markets will Whalechip target with Arteris' FlexNoC 5 technology?

Whalechip will target artificial intelligence, autonomous driving, cloud servers interconnected computing, and blockchain computing markets.

How does Arteris FlexNoC 5 improve SoC design?

FlexNoC 5 improves SoC design through advanced physical awareness capability, minimizing development time, improving performance, lowering power consumption, and reducing die size.

What is the significance of the Arteris-Whalechip licensing agreement?

The agreement enables Whalechip to use Arteris' NoC technology to develop custom ASICs that advance memory computing, particularly for AI applications and computational efficiency.

What are the key benefits of FlexNoC 5 network-on-chip technology?

The key benefits include efficient high-performance NoC designs, reduced development time, improved performance, lower power consumption, and minimized die size for complex SoCs.
Arteris, Inc.

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