Arteris

AIP

Arteris, Inc. is a multinational technology firm headquartered in Campbell, California. It develops the Network-on-Chip (NoC) on-chip interconnect IP and System-on-Chip (SoC) integration automation software used to create semiconductor designs for a variety of devices, particularly in automotive electronics, artificial intelligence/machine learning and consumer markets. The company specializes in the development and distribution of Network-on-Chip (NoC) interconnect Intellectual Property (IP) and SoC integration automation products used in the development of systems-on-chip. It is best known for its flagship product, Arteris FlexNoC, which by 2022 has shipped in over 3 billion devices. The company offers a cache coherent interconnect IP product line called Ncore as well as a last level cache called CodaCache. As a result of its acquisition of Magillem Design Services and Semifore, the company also offers a suite of IEEE-1685 IP-XACT and SystemRDL standards-based SoC Integration automation software products.

Arteris has been a target of short sellers for a while. The current short interest of 4.96% is roughly at the average of the last 12 months (3.51%).