SiEngine Technology licenses Arteris (AIP) Network-on-Chip (NoC) Interconnect IP

Arteris, Inc. (NASDAQ:AIP) is one of the Best Small-Cap Semiconductor Stocks to Buy Right Now. On June 24, Arteris, Inc. (NASDAQ:AIP) announced that a Chinese automotive chipmaker, SiEngine Technology, licensed the company’s network-on-chip (NoC) interconnect IPfor a next-generation automotive SoC platform.

​Management noted that the chips will power intelligent cockpit systems, advanced driver assistance, and AI-driven cockpit-drive fusion applications. The company also highlighted that this isn’t a new relationship with SiEngine as the company had used Arteris technology across multiple chip generations. The latest agreement represents a continued expansion of that partnership.

Management highlighted that the need for more sophisticated on-chip connectivity is being driven by increasingly software-defined and compute-heavy automotive architectures. Arteris’ FlexNoC 5 addresses this by improving data routing, reducing congestion, lowering power use, and meeting ISO 26262 automotive safety standards.

Arteris Inc. (NASDAQ:AIP) is a California-based provider of semiconductor system intellectual property solutions. The company also offers professional & licensing services, IP support & maintenance, and on-site support services.

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