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Indie Semiconductor Inc - INDI STOCK NEWS

Welcome to our dedicated news page for Indie Semiconductor (Ticker: INDI), a resource for investors and traders seeking the latest updates and insights on Indie Semiconductor.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Indie Semiconductor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Indie Semiconductor's position in the market.

Rhea-AI Summary
Indie Semiconductor, Inc. (Nasdaq: INDI) has launched new high-performance video converters and retimers to enhance in-cabin connectivity applications for automotive systems. These solutions cater to the increasing demand for immersive in-vehicle experiences driven by the growth of in-cabin data and information available to drivers and passengers. The new products support various interfaces like DisplayPort, USB, HDMI, and LVDS, enabling seamless audio, video, and sensor information transmission. With the in-vehicle display market expected to exceed 140 million units by 2028, indie Semiconductor is well-positioned to capitalize on this growing semiconductor opportunity.
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indie Semiconductor (INDI) to discuss first quarter 2024 results and business outlook in a conference call on May 9, 2024. Earnings press release to be issued via Business Wire.
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0.92%
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indie Semiconductor, Inc. (INDI) announces a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP). The partnership aims to enhance indie's Advanced Driver Assistance Systems (ADAS) portfolio with AI-enabled processing capabilities, leveraging Expedera's Origin NPU solutions for improved performance at ultra-low power and low latency.
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1.68%
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Indie Semiconductor (INDI) has granted equity awards to new employees under its 2023 Inducement Incentive Plan. The grants were approved by the Compensation Committee of the Board of Directors. For more information, visit the company's investor relations website.
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3.08%
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Indie Semiconductor (INDI) will be participating in investor conferences like the Morgan Stanley Technology, Media & Telecom Conference and the 36th Annual Roth Conference in March 2024.
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-0.48%
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indie Semiconductor, Inc. (INDI) reports impressive Q4 revenue of $70.1M, up 112% YoY and 16% sequentially, with a non-GAAP gross margin of 52.7%. Full-year 2023 revenue reaches $223.2M, up 101% YoY. The company extends its ADAS, User Experience, and EV Design Win Pipeline, positioning itself as an Autotech solutions innovator.
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-13.93%
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indie Semiconductor, Inc. (Nasdaq: INDI) has signed a distribution agreement with Avnet, a global technology distributor, to expand the global availability of indie's semiconductor product portfolio. This partnership aims to leverage Avnet's market reach and support capabilities to accelerate the distribution of indie's innovative solutions, which cater to automotive megatrends such as Driver Safety and Automation, In-cabin User Experience, and Electrification. The agreement includes indie's USB power delivery, intelligent lighting, motor control, ultrasonic, and 120GHz radar sensing silicon solutions, with plans to introduce additional product lines in the future. Both indie Semiconductor and Avnet express enthusiasm for the collaboration, highlighting the potential to bring value to customers across global automotive development regions.
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10.09%
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Rhea-AI Summary
Indie Semiconductor, Inc. (Nasdaq: INDI) announced the promotion of senior executives to drive market outperformance and create an Autotech powerhouse. Peter Gulden appointed Executive Vice President of Radar Systems and Software, bringing global expertise in radar systems engineering. Dr. Gulden has an extensive background in radar sensor technology for automotive and industrial markets. Abhay Rai appointed Chief Product Officer, with a focus on expanding indie's footprint in the driver assistance segment. Michael Wittmann appointed Chief Operating Officer, bringing a strong and competitive product roadmap to achieve operational excellence.
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indie Semiconductor (Nasdaq: INDI) will hold a conference call to discuss its Q4 2023 results and business outlook on February 22, 2024. The press release will be available on indie's website and Business Wire. The call can be accessed via internet or telephone, with a replay available until March 7, 2024.
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3.65%
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Indie Semiconductor, Inc. (Nasdaq: INDI) and Ficosa have entered a joint global commercialization agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing. The partnership aims to deliver best-in-class imaging and detection to support the latest automotive safety regulations. The first smart camera solutions are expected to sample in 2024 with full-scale production by 2025.
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Indie Semiconductor Inc

Nasdaq:INDI

INDI Rankings

INDI Stock Data

1.06B
141.85M
6.48%
81.42%
13.91%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Aliso Viejo

About INDI

indie designs and manufactures custom, microcontroller-based chips, using arm cores. we replace most of the contents of a printed circuit board with a single, optimal chip designed specifically for your application. this reduces the product cost, size and power compared with solutions based around standard, off-the-shelf components. reliability, manufacturability and security are all increased. aside from its skills in mixed signal design, indie's strengths are the way we can stitch new designs together quickly and cheaply, allowing applications to get the benefits of system-on-chip technology without the normal downsides. we have multiple designs in production and ship volumes of million-plus units per month and are growing fast.