Arteris, Inc (AIP) PT Raised to $11 at Jefferies
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Arteris Revolutionizes Semiconductor Design with FlexGen – Smart Network-on-Chip IP Delivering Unprecedented Productivity Improvements and Quality of Results
February 18, 2025 4:15 PM ESTHighlights:
Productivity Boost: Accelerates chip design by up to 10x, shortening and reducing iterations from weeks to days for greater efficiency.Expert-Level Results: Enhances engineering efficiency by 3x while delivering expert-quality results with optimized routing and reduced congestion.Wire Reduction Performance: AI-driven heuristics reduce wire length by up to 30%, improving chip or chiplet power efficiency.CAMPBELL, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today introduced FlexGen, a revolutionary, smart network-on-chip... More
Arteris Announces Financial Results for the Fourth Quarter and Full Year 2024 and Estimated First Quarter and Full Year 2025 Guidance
February 18, 2025 4:05 PM ESTCAMPBELL, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the fourth quarter and year ended December 31, 2024 and provided first quarter and full year 2025 guidance.
In the fourth quarter of 2024, we achieved a record Annual Contract Value plus royalties of $65.1 million, driven by strong demand for our commercial semiconductor System IP products, particularly in AI-driven enterprise computing and automotive SoCs, said K. Charles Janac, President and CEO of Arteris. As AI adoption accelerates across data... More
