6 days ago
Arteris up 57% after announcing licensing with AMD
The company stated: 'In a market reshaped by the compute demands of AI, Arteris (AIP) announced AMD (AMD), a global leader in high-performance and adaptive computing, has licensed FlexGen network-on-chip interconnect IP for its next generation of AI chiplet design. FlexGen, Arteris' smart NoC IP technology, will provide high-performance data transport in AMD chiplets powering AI across the company's broad portfolio which spans from data centers to edge and end devices. The strategic combination and interoperability of Arteris' FlexGen NoC IP with the AMD Infinity Fabric interconnect underscores the increasing complexity of modern SoCs and chiplet-based architectures, which now require multiple highly specialized interconnects or NoCs to efficiently meet the demands of modern electronic systems.' Shares of Arteris are up 57% at $14.84 afterhours.
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