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Arteris, Inc. reports developments in semiconductor System IP for complex system-on-chip and chiplet designs. The company’s updates center on network-on-chip interconnect IP, including FlexNoC and FlexGen, SoC integration automation software such as Magillem, and hardware security assurance added through Cycuity.
Recurring news includes financial results and guidance, royalty and design-start metrics, customer deployments with semiconductor companies, and collaborations for AI-enabled automotive, edge computing, embedded, robotics, industrial and consumer applications. Arteris also reports equity inducement grants and other public-company governance actions tied to its Nasdaq-listed security.
Arteris IP (NASDAQ: AIP) announced it will release its financial results for Q2 ended June 30, 2022, on August 9, 2022, after market close. A conference call to discuss these results will take place on the same day at 4:30 PM ET. Participants can join by dialing specific toll-free numbers or via a live webcast on Arteris IP’s Investor Relations webpage. The company is recognized for its network-on-chip (NoC) interconnect technology, aiding in the development of SoC semiconductor devices for various applications, lowering costs and increasing efficiency.
Arteris Inc. (Nasdaq: AIP) has successfully deployed its FlexNoC® interconnect IP with Inuitive, enhancing the capabilities of advanced vision processing systems. This collaboration focuses on optimizing connectivity and timing solutions for Inuitive's new Vision-on-Chip processors, which integrate multiple vision technologies into a single chip. Benefits include reduced latency, improved AI-based object detection, and superior performance. The technology is expected to advance next-generation vision systems while enabling scalability for future innovations.
Arteris Inc (Nasdaq: AIP) has announced that Inuitive, a fabless semiconductor firm, has successfully deployed its FlexNoC® interconnect IP for next-generation vision platforms. This technology aims to solve connectivity and timing challenges and is crucial for the performance of advanced vision processors. Inuitive's Vision-on-Chip processors integrate various vision capabilities into a single chip, enhancing depth sensing, AI object detection, and localization. Arteris continues to be a leading choice in high-performance solutions for complex multi-core systems.
Arteris, Inc. (Nasdaq: AIP), a leader in network-on-chip (NoC) technology for system-on-chip (SoC) semiconductor devices, announced participation in three upcoming conferences. CEO K. Charles Janac and CFO Nick Hawkins will represent the company at:
- Cowen 50th Annual Technology, Media & Telecom Conference on June 2, 2022, at 10:50 AM ET in New York City.
- Baird’s Global Consumer, Technology & Services Conference on June 6, 2022, at 9:05 AM ET in New York City.
- Rosenblatt 2nd Annual Technology Summit on June 9, 2022, at 11:00 AM ET virtually.
Webcast presentations will be available on Arteris IP's website.
Arteris, Inc. reported strong Q1 2022 results with a 77% increase in revenue to $11.8 million and a 26% rise in Annual Contract Value plus Trailing Twelve Month Royalties to $52.8 million year-over-year. However, the company recorded an operating loss of $6.6 million, representing 56% of revenue. With a remaining performance obligation of $60.5 million, up 28%, the company remains optimistic about future opportunities in the automated SoC design market. Estimated Q2 revenue guidance is between $11.5 and $14.5 million.
Arteris IP (Nasdaq: AIP) announces the adoption of its FlexNoC interconnect IP by Sondrel for advanced driver-assistance systems (ADAS). The FlexNoC solution is recognized for its configurability and performance, targeting the SFA 350A automotive vehicle IP platform. The architecture supports ISO 26262 requirements and enables flexible design for various sensor inputs, enhancing scalability. This collaboration aims to accelerate high-performance compute solutions for the automotive sector, ultimately facilitating the development of custom system-on-chip (SoC) solutions.
Arteris IP (NASDAQ: AIP) will announce its financial results for Q1 2022 on May 10, 2022, post-market close. A conference call for discussion will be held at 4:30 PM ET that same day, accessible via phone and webcast. The company specializes in system IP, particularly network-on-chip interconnect and deployment software, aimed at enhancing SoC development for various applications, including AI and automotive sectors. Their products promise lower power usage, higher performance, and faster development times for clients like Bosch and Samsung.
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Arteris IP (NASDAQ: AIP) announced that Claudia Fan Munce will join its Board of Directors beginning May 2022, bringing over 30 years of experience from IBM. Ms. Munce held several executive roles at IBM, including Vice President of Corporate Development. She is also a venture advisor at New Enterprise Associates and serves on several boards, including Best Buy. Christian Claussen will not seek re-election at the company's upcoming annual meeting on June 14, 2022. CEO K. Charles Janac expressed enthusiasm for Ms. Munce's contributions to Arteris as it aims to lead in the Semiconductor System IP sector.
Arteris IP (NASDAQ: AIP) announced that BMW Group has licensed its FlexNoC interconnect IP for a new chip project, partially funded by the German Federal Ministry of Education and Research. This project aims to enhance automotive artificial intelligence and machine learning capabilities. The FlexNoC technology is chosen for its ability to improve system-level performance, functional safety, and energy efficiency in AI/ML processing. BMW Group is leading the project, focusing on developing an accelerator chip that pushes the boundaries of current technology in energy efficiency and reliability.