Welcome to our dedicated page for Quicklogic news (Ticker: QUIK), a resource for investors and traders seeking the latest updates and insights on Quicklogic stock.
QuickLogic Corporation (NASDAQ: QUIK) regularly issues news and updates that reflect its role as a fabless semiconductor company focused on embedded FPGA (eFPGA) Hard IP, ruggedized and Strategic Radiation Hardened FPGAs, Antifuse devices, and endpoint AI solutions. The QUIK news stream highlights how its technologies are being adopted in aerospace and defense, industrial, computing, consumer, data center, and space-related applications.
On this page, readers can follow QuickLogic announcements about design wins and IP selections, such as its eFPGA Hard IP being chosen for high-performance data center ASICs, crypto-agile security devices, and radiation-tolerant RISC-V microcontrollers. News items also cover progress on the company’s Strategic Radiation Hardened FPGA program, including U.S. government contract milestones, test chip tape-outs on GlobalFoundries process technologies, and orders for Strategic Radiation Hardened FPGA Development Kits.
Investors and industry observers will also find financial results press releases and related conference call information, where QuickLogic reports quarterly performance and discusses its use of GAAP and non-GAAP financial measures. Additional updates include participation in trade shows and conferences such as Space Tech Expo Europe and Embedded World North America, where the company showcases its Australis IP Generator, open-source Aurora tools, and eFPGA chiplet technology.
For anyone tracking QUIK stock or monitoring developments in eFPGA IP, radiation-hardened FPGAs, and endpoint AI, this news feed provides a centralized view of QuickLogic’s public announcements over time.
QuickLogic Corporation (NASDAQ: QUIK) announced its participation in the 23rd Annual Needham Virtual Growth Conference on January 13, 2021. Members of its executive team will present at 6:15 a.m. PT / 9:15 a.m. ET. Investors interested in one-on-one meetings can contact QuickLogic's Investor Relations or their Needham representative. QuickLogic specializes in ultra-low power, multi-core voice-enabled SoCs and embedded FPGA IP for AI, voice, and sensor processing. More details are available on the Events Page of their Investor Relations site.
QuickLogic Corporation (NASDAQ: QUIK) announced a second amendment to its credit facility on December 16, 2020. The deal extends the maturity date from September 28, 2021, to September 28, 2022, while reducing the interest rate to 0.50% above the Prime Rate. CFO Sue Cheung stated that this favorable amendment will aid in focusing on business operations and supports long-term growth and profitability targets by the end of 2021.
SensiML Corporation has announced the launch of a free version of its SensiML Analytics Toolkit called Community Edition, aimed at IoT developers. This version includes a lifetime license and allows developers to create and evaluate AI models utilizing their own or community datasets.
CEO Chris Rogers emphasized the importance of leveraging AI for intelligent IoT products. The Community Edition includes features of paid versions but is tailored for low-volume experimentation. More details and account creation can be done on their website.
QuickLogic Corporation (NASDAQ: QUIK) announced that CEO Brian Faith will participate in a keynote panel at the RISC-V Summit on December 8, 2020, alongside representatives from Google and other tech entities. The presentation will focus on building an open edge machine learning ecosystem using RISC-V technology. QuickLogic will also host a virtual booth at the summit, collaborating with members of OpenHW Group to showcase updates on open-source CORE-V processor IP cores. This participation signals QuickLogic's commitment to advancing technology in AI and embedded systems.
QuickLogic Corporation (NASDAQ: QUIK) announced its executive team's participation in the Oppenheimer 5G Summit: The Revolution Begins on December 15, 2020. The presentation will take place from 1:35 p.m. to 2:15 p.m. PT (4:35 p.m. to 5:15 p.m. ET). A webcast of this presentation will be available on QuickLogic's IR site. Investors interested in one-on-one meetings can contact QuickLogic's Investor Relations. QuickLogic focuses on low power, multi-core semiconductor platforms and AI solutions.
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QuickLogic Corporation (NASDAQ: QUIK) reported its financial results for Q3 2020, revealing total revenue of $1.8 million, a decrease of 19% from Q2 and 18% year-over-year. New product revenue fell to $0.7 million, down 22% from Q2 and 37% year-over-year. Mature product revenue was $1.1 million, a 17% decline from Q2 but flat compared to last year. Despite a GAAP net loss of $2.1 million, the company improved its gross margin to 51.9%. The operating expenses decreased to $3.0 million, indicating improved cost management.
QuickLogic Corporation (NASDAQ: QUIK) announced participation in two upcoming investor events. The first is the ROTH Capital Partners Technology Virtual Event on November 11-12, 2020, where CEO Brian Faith will speak on the panel titled IoT 'Touchless' Voice in COVID Era. The second event is the 11th Annual Craig-Hallum Alpha Select Conference on November 17, 2020. One-on-one meetings will be available at both events for investors interested in discussing the company's low power, multi-core semiconductor solutions for AI, voice, and sensor processing.
QuickLogic Corporation (NASDAQ: QUIK) has launched its ArcticPro™ 3 embedded FPGA (eFPGA) IP, optimized for the Samsung 28nm FD-SOI process. This new technology enables OEMs and semiconductor firms to integrate eFPGA capabilities into their ASICs/SoCs, enhancing system performance while reducing cost and power consumption for Edge AI applications. The ArcticPro 3 features a homogenous architecture and supports embedded RAM and multiply-accumulate blocks for efficient hardware acceleration. The technology is now available, offering significant improvements in performance and power management.
QuickLogic Corporation (NASDAQ: QUIK) announced its membership in the Samsung Advanced Foundry Ecosystem (SAFE) IP Partner Program. This partnership enables QuickLogic's ArcticPro 3 eFPGA technology to be available on Samsung's 28nm FD–SOI process. The integration allows OEMs to enhance system performance while minimizing power consumption and costs. ArcticPro 3 eFPGA is designed to boost device performance and supports comprehensive software development through QuickLogic's tools. This collaboration is anticipated to provide competitive advantages to both companies in the SoC market.