indie Semiconductor Announces Strategic Investment in AI Processor Leader Expedera [Yahoo! Finance]
indie Semiconductor, Inc. - Class A (INDI)
Company Research
Source: Yahoo! Finance
Leverages indie's Multi-modal Sensing Technology and Expedera's Scalable NPU IP Yields Class-leading Edge AI Performance at Ultra-low Power and Low Latency ALISO VIEJO, Calif. & SANTA CLARA, Calif., March 20, 2024 BUSINESS WIRE )--indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced a strategic investment in Expedera Inc, a leading provider of scalable Neural Processing Unit (NPU) semiconductor intellectual property (IP). The partnership will deliver customized artificial intelligence (AI) enabled processing capabilities for sensing solutions targeting Advanced Driver Assistance Systems (ADAS) and includes a commercial agreement to integrate customized Expedera Origin TM NPU processing solutions into future indie products. According to S&P Mobility, by 2029 over 50 percent of vehicles will incorporate Level 2 and above driver automation capabilities, representing a $28 billion ADAS semiconductor opportunity. Deployment of these ADAS systems
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INDI
News
- Indie Semiconductor spikes before close amid takeover speculation [Seeking Alpha]Seeking Alpha
- indie Semiconductor Launches Advanced Smart Connectivity Solutions for In-Cabin ApplicationsBusiness Wire
- indie Semiconductor Sets Date for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- indie Semiconductor Announces Strategic Investment in AI Processor Leader ExpederaBusiness Wire
- indie Semiconductor Announces New Employee Inducement GrantsBusiness Wire
INDI
Earnings
- 2/22/24 - Beat
INDI
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- INDI's page on the SEC website