Arteris Stock News

Arteris, Inc. (NASDAQ:AIP ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Erica Mannion - Sapphire Investor Relations Charles Janac - Chief Executive Officer Nick Hawkins - Chief Financial Officer Conference Call Participants Joshua Buchalter - TD Cowen Kevin Garrigan - WestPark Capital Gus Richard - Northland Operator Good afternoon, everyone and welcome to ...

CAMPBELL, Calif., Nov. 05, 2024 (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 third quarter ended September 30, 2024 and provided fourth quarter and full year 2024 guidance.

CAMPBELL, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced Tenstorrent has licensed its network-on-chip (NoC) IP for on-chip connectivity in its chiplet-based products.

TIER IV has licensed FlexNoC 5 and Magillem Connectivity SoC integration automation software from Arteris for its next generation of intelligent vehicle.

CAMPBELL, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, and SiFive, Inc., the gold standard for RISC-V computing, today announced the availability of the pre-verified solution to enable the development of high-performance applications in the datacenter market without the risk.

Highlights: Scalable Performance: Expanded network-on-chip tiling supported by mesh topology capabilities in FlexNoC and Ncore interconnect IP products allow systems-on-chip with AI to easily scale by more than 10 times without changing the basic design, meeting AI's huge demand for faster and more powerful computing. Power Reduction: Network-on-chip tiles can be turned off dynamically, cutting...

The company is poised to benefit from industry tailwinds arising from AI and autonomous driving, owing to its strong technology offering. Growth is strong, with the business already generating positive FCF so far this year. I expect mid double-digit growth rates to continue in the coming years, with an inflection to non-GAAP profitability likely next year.

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