Welcome to our dedicated page for Arteris news (Ticker: AIP), a resource for investors and traders seeking the latest updates and insights on Arteris stock.
Arteris, Inc. (Nasdaq: AIP) is described in its press releases as a global leader in system IP used in semiconductors, with a focus on network-on-chip interconnect IP, system-on-chip integration automation software, and hardware security assurance technology. The AIP news feed on Stock Titan aggregates company announcements and third-party coverage that reflect how Arteris’ technology is applied across AI, automotive, data center, and edge computing markets.
Readers can expect news about product licensing wins and customer adoptions, such as agreements with Altera for FPGA and SoC FPGA solutions, Black Sesame Technologies for intelligent driving SoCs, Blaize for edge AI platforms, Axelera AI for AI inference platforms, and 2V Systems for data center IO chiplets. These items illustrate how Arteris’ Ncore, FlexNoC 5, FlexGen, and Magillem products are used to optimize data movement and integration in advanced SoC and chiplet-based designs.
The feed also features corporate and ecosystem updates, including collaborations with Alibaba DAMO Academy’s XuanTie RISC-V CPU IP group, participation in industry initiatives, and the acquisition of Cycuity, a provider of semiconductor cybersecurity assurance technology. In addition, investors will find financial results announcements and related commentary about metrics such as revenue, Annual Contract Value plus royalties, and Remaining Performance Obligations, as disclosed by the company.
By following the AIP news page, users can review how Arteris presents its role in accelerating semiconductor creation in the AI era, track new design wins and partnerships, and monitor official financial and strategic disclosures that the company releases through Globe Newswire and SEC-linked communications.
Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP for SoC creation, has announced the addition of Joachim Kunkel to its Board of Directors. Kunkel, former General Manager of Synopsys' IP business unit, brings three decades of experience and a proven track record of growing IP revenue to over $1.5 billion. His expertise in semiconductor intellectual property and leadership is expected to contribute significantly to Arteris' growth strategy.
Kunkel's background includes co-founding CADIS GmbH and holding a master's degree in electrical engineering from Aachen University of Technology. He expressed enthusiasm about joining Arteris at a time when AI is driving complexity in SoC designs, emphasizing the importance of system IP in product performance and innovation cycles.
Arteris, Inc. (Nasdaq: AIP) announced that VeriSilicon has licensed its FlexNoC 5 interconnect IP for high-performance data center SoC solutions. The physically aware interconnect IP offers enhanced cost and design efficiency, scalability, and reliability. VeriSilicon, a custom silicon service provider, has a long-standing relationship with Arteris and has successfully implemented their network-on-chip (NoC) interconnect technology in various SoC designs.
FlexNoC 5 enables VeriSilicon to optimize NoC interconnect logic and physical layouts, reducing iterations and accelerating time to market. It handles high-bandwidth data flows, manages communication between multiple cores, and supports additional components without impacting timing closure. This technology empowers VeriSilicon to design data center SoCs with high-performance computing architectures while effectively addressing timing closure and congestion challenges.
Arteris (Nasdaq: AIP) reported strong Q2 2024 financial results, with revenue up 13% sequentially to $14.6 million. The company achieved record Annual Contract Value and Trailing-Twelve-Month Variable Royalties of $60.1 million, a 3% year-over-year increase. Notably, Arteris reported positive free cash flow for the second consecutive quarter.
Key highlights include:
- Remaining performance obligation (RPO) grew 19% year-over-year to $77.5 million
- Non-GAAP operating loss improved to $3.5 million from $4.2 million in the year-ago period
- Added seven new customers across various markets
- Expanded presence in the Automotive sector with two new global OEM customers
For Q3 2024, Arteris projects ACV + TTM royalties of $58.5-$62.5 million and revenue of $14.2-$15.2 million. Full-year 2024 guidance estimates revenue between $56.0-$58.0 million.
Arteris (Nasdaq: AIP), a leading provider of system IP for SoC creation, has announced its Q2 2024 financial results release scheduled for Thursday, August 1, 2024, after market close. The company will host a conference call at 4:30 PM ET on the same day to discuss the results.
Interested parties can join the call via phone or watch a live webcast on the company's investor relations website. A replay of the webcast will be available for approximately 30 days after the call. This announcement provides investors and analysts with the opportunity to prepare for Arteris' upcoming financial disclosure and gain insights into the company's performance for the quarter ended June 30, 2024.
Arteris (Nasdaq: AIP) announced its inclusion in the Russell 2000 Index, a significant milestone reflecting the company's growth and enhanced visibility in the semiconductor IP industry. President and CEO, K. Charles Janac, stated that this achievement validates their growth trajectory and commitment to delivering advanced SoC design solutions. The Russell 2000 Index, part of the broad-market Russell US Indexes, includes the 4,000 largest US stocks ranked by market capitalization. Approximately $10.5 trillion in assets are benchmarked against these indexes. Membership in the Russell 2000 is determined based on market-capitalization rankings and style attributes.
Arteris (Nasdaq: AIP) announced that Esperanto Technologies has chosen its CSRCompiler software for integrating RISC-V processors in AI and HPC solutions. Esperanto, known for its energy-efficient AI and HPC systems, will utilize CSRCompiler for its next-gen ET-SoC-1 chip, aiming for reduced total cost of ownership and high energy efficiency in data centers and enterprise-edge applications. The chip, featuring 1,000 64-bit RISC-V cores, is optimized for machine learning and large language models. The CSRCompiler software aids in design automation, error reduction, and faster market delivery, important for Esperanto's high-quality silicon production.
Andes Technology and Arteris have announced a partnership to enhance RISC-V SoC adoption. This collaboration aims to deliver high-performance, low-power RISC-V-based designs for diverse markets, including AI and 5G. The key product is the Andes QiLai RISC-V platform, which incorporates Andes' RISC-V processor IPs and Arteris' interconnect IP to create a high-performance SoC. The QiLai SoC features the 64-bit AX45MP multiprocessor and NX27V vector processor, operating at 2.2 GHz and 1.5 GHz, respectively. This platform is targeted at accelerating RISC-V software development.
Arteris, Inc. (Nasdaq: AIP) announced financial results for Q1 2024, including revenue of $12.9 million, ACV and TTM royalties of $58.2 million, and RPO of $74.7 million. The company reported an operating loss of $9.1 million and a net loss of $9.4 million. Highlights include robust design activity, major license deals, and partnerships in the automotive industry. Second quarter and full year guidance were also provided.
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