AIP

Arteris, Inc. develops and licenses semiconductor interconnect intellectual property (IP) and associated system IP for system-on-chip (SoC) designs. Headquartered in Campbell, California, the company provides on-chip interconnect fabric technology that enables the integration of multiple processing elements, memory controllers, and peripherals within advanced semiconductor chips. Arteris serves customers across automotive, consumer electronics, enterprise computing, and artificial intelligence markets, with its technology deployed in applications ranging from autonomous vehicles to data center processors. The company's flagship products include the Ncore cache-coherent interconnect IP and FlexNoC non-coherent interconnect IP, which optimize on-chip data flow, power efficiency, and performance. Arteris went public in October 2021 through an initial public offering on the Nasdaq exchange under the ticker symbol AIP. The company operates on a licensing and royalty-based business model, generating revenue through upfront license fees and ongoing royalties as customers' chips enter production. In recent years, Arteris has expanded its portfolio through strategic acquisitions, including the purchase of Magillem Design Services in 2023 to enhance its IP assembly and integration capabilities. With technology deployed in billions of chips worldwide, the company maintains partnerships with leading semiconductor manufacturers and chip designers across major technology ecosystems.