Arteris, Inc. (AIP) shares soared 8.6% in the last trading session to close at 7.24.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestock′s19.37.24. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 19.3% gain over the past four weeks.Arteris is benefiting from increased demand for commercial semiconductor system IP products, driven by the adoption of AI-driven enterprise computing, automotive SoCs, and microcontrollers.This company is expected to post quarterly loss of 7.24.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestock′s19.30.11 per share in its ...
Arteris(US:AIP) ZACKS·2025-05-09 00:55