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Stock impact report

Arteris (AIP): 10 Best Performing New Tech Stocks to Buy [Yahoo! Finance]

Arteris, Inc. (AIP) 
Company Research Source: Yahoo! Finance
Arteris Inc. (NASDAQ: AIP ) is one of the best performing new tech stocks to buy right now. On March 24, Arteris announced that Renesas has licensed and deployed its FlexNoC network-on-chip/NoC interconnect IP for the next-generation R-Car Gen 5 SoC series. This technology serves as the critical communication backbone for the R-Car X5H SoC, which is designed for advanced driver-assistance systems/ADAS and highly automated driving. By using Arteris' interconnect IP, Renesas is able to manage high-speed data movement between AI acceleration engines, GPUs, and CPU clusters, supporting the complex processing required for autonomous vehicle sensors like radar and lidar. The R-Car X5H SoC, developed on a 3nm process, delivers up to 400 TOPS of AI performance and can scale even further through UCIe-based chiplet extensions. The integration of Arteris Inc. (NASDAQ:AIP) FlexNoC IP helps the system achieve a 30% to 35% reduction in power consumption compared to previous generations, which Show less Read more
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