AMD Taps Arteris Technology for Next-Gen AI Chiplets

Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the most profitable growth stocks to buy according to billionaires. On August 4, Arteris Inc. (NASDAQ:AIP) announced that AMD licensed its FlexGen network-on-chip/NoC interconnect IP. This technology will be used in AMD’s next-gen AI chiplet designs.

The partnership will enhance product performance and efficiency by providing high-performance data transport within AMD chiplets, which power AI applications across various devices. The collaboration highlights the growing complexity of modern chip designs, which require multiple specialized interconnects to meet the demands of electronic systems.

Arteris’ FlexGen NoC IP will work alongside AMD’s Infinity Fabric interconnect. According to K. Charles Janac, the president and CEO of Arteris, modern chiplets often contain between 5 and 20 interconnect networks for data transport. The integration is expected to accelerate performance and scalability for demanding applications.

Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company that operates through 3 segments: Data Center, Client and Gaming, and Embedded.

Arteris Inc. (NASDAQ:AIP) provides semiconductor system intellectual property solutions. It manages on-chip communications and IP block deployments in System-on-Chip/SoC semiconductors and systems of chiplets.

While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.