9 AI News and Ratings on Wall Street’s Radar

6. Arteris, Inc. (NASDAQ:AIP)

Number of Hedge Fund Holders: 16

Arteris, Inc. (NASDAQ:AIP) provides semiconductor IP solutions, including Network-on-Chip products and SoC integration software, serving industries like automotive and consumer electronics.

On February 18, Arteris introduced FlexGen, a smart network-on-chip interconnect IP designed to accelerate SoC development while improving efficiency. FlexGenis built on the FlexNoC 5 platform, and it automates NoC design using AI, cutting manual work by over 90% and reducing design time from days to hours. It improves power usage by shortening wire length by up to 30% and improves performance with up to a 10% reduction in latency.

Companies like Dream Chip Technologies have successfully implemented FlexGen, significantly speeding up automotive AI chip design. AMD also sees potential in its ability to meet efficiency and project demands for AI and high-performance computing. Arteris CEO K. Charles Janac highlighted FlexGen’s role in streamlining semiconductor design, allowing faster innovation cycles in AI, 5G, and industrial IoT.