Arteris Receives 'Buy' Rating from Rosenblatt Securities

Arteris (NASDAQ:AIP) Rating Reiterated by Rosenblatt Securities

Arteris (NASDAQ:AIP) Given "Buy" Rating at Rosenblatt Securities

Rosenblatt Securities has reiterated a 'buy' rating for Arteris (NASDAQ:AIP) with a price target of $15.00, indicating a potential upside of 123.88% from the current price. This follows a previous 'buy' rating from Westpark Capital, which set a target price of $11.00. Despite a recent earnings miss, analysts remain optimistic about Arteris's growth potential in the semiconductor industry.

Arteris

Arteris VP Paul L. Alpern Sells 11,250 Shares

Arteris, Inc. (NASDAQ:AIP) VP Paul L. Alpern Sells 11,250 Shares

Checking in on Arteris Inc (AIP) after recent insiders movement

Paul L. Alpern, VP of Arteris, sold 11,250 shares of the company's stock at an average price of $7.71, totaling approximately $86,737.50. Following this transaction, he retains 74,563 shares valued at around $574,880.73. This sale comes amid recent adjustments in holdings by hedge funds.

Insider Selling Activity at Arteris, Inc.

Short Interest in Arteris, Inc. (NASDAQ:AIP) Declines By 27.0%

Analysts review Arteris Inc’s rating

CFO Nicholas B. Hawkins sold 10,000 shares of Arteris stock on May 13th for a total value of $80,100, and VP Paul L. Alpern sold 11,250 shares of Arteris stock on May 1st for a total value of $71,887.50.

Arteris, Inc. saw a decline in short interest by 27.0% to 159,100 shares as of May 15th, with 0.7% of its stock short sold and an average daily volume of 166,600 shares.

Institutional Investors Increase Holdings in Arteris, Inc.

Jump Financial LLC Sells 14864 Shares of Arteris, Inc. (NASDAQ:AIP)

Victory Capital Management Inc. Acquires Shares of 10218 Arteris, Inc. (NASDAQ:AIP)

Acuitas Investments LLC, Acadian Asset Management LLC, Worth Venture Partners LLC, Citigroup Inc., and Federated Hermes Inc. increased their positions in Arteris, Inc. during the 3rd and 4th quarters.

Arteris, Inc. Reports Earnings and Institutional Ownership

Arteris, Inc. reported ($0.24) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.03, and institutional investors own 64.36% of the company's stock.

Arteris Offers CodaCache for Cost-Conscious SoCs

Turbocharging Cost-Conscious SoCs With Cache

Arteris offers CodaCache, a configurable, standalone non-coherent cache IP that can be used to enhance the performance of lower-cost, earlier generation mid-range processor and accelerator cores in SoC devices.

Arteris Reports Q2 2022 Earnings

Arteris, Inc. (NASDAQ:AIP) Just Reported, And Analysts Assigned A US$22.80 Price Target

Arteris reported revenues of US$12m, 6.8% ahead of forecasts, and a statutory loss of US$0.22, 2.2% smaller than expected. Analysts forecast a 17% revenue increase to US$50.3m in 2022. However, the average price target was reduced to US$22.80, indicating concerns about growing losses.

Arteris is a leading provider of semiconductor system IP for the acceleration of system-on-chip (SoC) development. Their Network-on-Chip (NoC) interconnect intellectual property (IP) and SoC integration technology enable higher product performance with lower power consumption and faster time to market, delivering proven flexibility and better economics for system and semiconductor companies.

Magillem (acquired by Arteris)

Arteris (Nasdaq: AIP) a leading provider of system IP for the acceleration of system-on-chip (SoC) development across today’s electronic systems.  Vertical applications include automotive, communications, consumer electronics, enterprise computing, and industrial applications, leveraging horizontal technologies such as AI/ML, functional safety and reliability, and hardware/software integration.  Arteris network-on-chip (NoC) interconnect IP and IP deployment technology enable higher product performance with lower power consumption and faster time to market, delivering better SoC economics so its customers can focus on dreaming up what comes next.

Arteris is broadly used by market-leading customers, with over 600 systems-on-chip design starts, resulting in over 3 Billion chips shipped.

TVM Capital

Ventech

Qualcomm

Qualcomm Ventures

Crescendo Ventures

DoCoMo Capital

Arm Holdings

Synopsys

10x Group

Chiplet architecture is poised to revolutionize the semiconductor industry, with each sector finding unique value in its capabilities. This tailored approach ensures that chiplets will play a critical role in driving forward the technological advancements of each industry vertical. Check out this thoughtful article on EDN: Voice of the Engineer from Arteris' Guillaume Boillet on the #chiplet universe and what's in it for you. https://bit.ly/49ttVs1

#semiconductor #innovation #SystemOnChip #NetworkOnChip #Arteris

Arteris workshop at DVCon U.S. – March 4th at 3:30pm. Join us and explore how network-on-chip (NoC) interconnect IP addresses the problem of on-chip communication differently than traditional interconnects and enables SoC teams to create a topology that is optimized for their SoC requirements. We will also introduce a framework for how SoC teams can approach NoC topology optimization in their projects.

#DVCon_US #semiconductor #innovation #SystemOnChip #NetworkOnChip #Arteris

Insightful chiplet article from SemiWiki.com blogger Bernard Murphy in conversation with Arteris’ Frank Schirrmeister. https://bit.ly/49Lp0Ck

Visit Arteris to learn more about the advantage of network-on-chip IP for efficient communication among disparate chiplets. https://bit.ly/48ozaaZ

#semiconductor #innovation #SystemOnChip #NetworkOnChip #Arteris

Experience the ultimate AI high-performance computing with Ncore cache coherent network-on-chip IP from Arteris and harness the potential of RISC-V chiplets to deliver unparalleled performance and scalability. Connect your AI innovations using Ncore for exceptional performance.

As Jim Keller from Tenstorrent said “We are happy to share that we are partnering with Arteris to use Ncore and FlexNoC IP in our next-generation product. The combination of performance and features made it a great choice for both our AI chips and our high-performance RISC-V CPUs. The Arteris team and IP solved our on-chip network problems so we can focus on building our next-generation AI and RISC-V CPU products.

Learn more about Ncore. https://bit.ly/49eXlKc

#semiconductor #innovation #SystemOnChip #NetworkOnChip #Arteris

Arteris, Inc. provides semiconductor interconnect intellectual property (IP) and IP deployment solutions in the Americas, the Asia Pacific, Europe, and the Middle East. The company develops, licenses, and supports the on-chip interconnect fabric technology used in System-on-Chip (Soc) designs and Network-on-Chip (NoC) interconnect IP. Its products include FlexNoC, a silicon-proven interconnect IP product; FlexNoC Resilience Package, which provides on-chip data protection; Ncore, a silicon-proven and cache coherent interconnect IP product that provides scalable, configurable, and area efficient characteristics; CodaCache, a last-level cache semiconductor IP product; and Physical interconnect aware NoC optimizer, a software tool that estimates physical layout effects during the architecture and logic development stages of an SoC interconnect design; The company also offers FlexWay for IP subsystem interconnect; FlexPSI for All-digital inter chip link; and FlexNoC Physical for linking physical placement and routing tools. In addition, it provides IP deployment software solutions, including specification, design, documentation, artificial intelligence (AI) package, design data intelligence, and harmony trace. The company serves customers in the automotive, AI/machine learning, 5G and wireless communications, data centers, consumer electronics, and other markets. Arteris, Inc. was founded in 2003 and is headquartered in Campbell, California.

COM:ARTERIS

Arteris

Last Close

7.23

30/10 20:00

Market Cap

297.44M

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Volume Today

48.95K

Avg: -

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