Northland analyst Gus Richard said Arteris IP – which provides IP and software to silicon SoC architects that reduces time-to-market, lowers power and cost, and improves performance – is a "Top Pick for 2023" as he see growth that will be driven by increasing SoC complexity, the number of SoC designs, and a shift from a captive to merchant system IP market. He has an Outperform rating and $20 price target on Arteris IP shares.
Published first on TheFly
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