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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.
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Arteris, Inc. (Nasdaq: AIP) announced a licensing agreement with Axelera AI for its FlexWay interconnect IP, aimed at enhancing the Metis AI platform, designed for AI inference at the edge. This collaboration focuses on delivering superior performance with reduced power consumption, optimizing SoC connectivity for computer vision applications. The Metis AI processing unit features four homogeneous AI cores, capable of independent neural network processing, enhancing throughput and reducing latency. Axelera AI emphasizes the significance of Arteris’ technology in meeting performance goals and timelines for complex machine learning architectures. The architecture is fully compatible with Arm AMBA standards and promotes low power usage and automation of SoC connectivity.
Arteris, Inc. (Nasdaq: AIP) will announce its financial results for the first quarter ended March 31, 2023, on May 4, 2023, after market close. A conference call is scheduled for the same day at 4:30 PM ET to discuss the results. Interested parties can join the call by dialing 877-407-9208 (U.S./Canada) or +1-201-493-6784 (International). A live webcast will be available on the Investor Relations section of the Arteris website and a replay will be accessible approximately 2 hours post-call for 30 days.
Arteris provides system IP to accelerate system-on-chip (SoC) development, enhancing performance, lowering power consumption, and speeding up time to market, ultimately aiding customers in achieving better SoC economics.
Arteris, Inc. (Nasdaq: AIP) has announced that ASICLAND has licensed its FlexNoC interconnect IP with Automotive ASIL B and AI options, aimed at enhancing the design of automotive and AI SoCs. This technology is anticipated to significantly reduce design time for customers in diverse industries. ASICLAND is noted for its extensive experience in semiconductor designs, successfully completing over 250 tape-outs across various applications including AI, 5G, and automotive. Arteris' FlexNoC technology is recognized for its performance and technical support, allowing ASICLAND to swiftly meet market demands. The partnership aims to strengthen ASICLAND's capabilities in developing advanced automotive solutions.
Arteris, a provider of NoC interconnect technology, reported its fourth quarter and full year 2022 financial results on February 28, 2023. For Q4, revenue was $11.2 million, down 2% year-over-year, with a net loss of $7.2 million or $0.21 per share. Annual Contract Value plus Trailing Twelve Month Royalties reached $52.4 million, a 22% increase adjusted for losses from HiSilicon and DJI. The company is optimistic about growth, guided by expected Q1 2023 revenue of $11.0 - $13.0 million and FY 2023 revenue of $56.0 - $60.0 million, despite macro-economic uncertainties.