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Andes Technology Achieves Record Annual Revenue Amid Strong AI Demand

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Andes Technology Achieves Record Annual Revenue Amid Strong AI Demand - GlobeNewswire

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Join to explore cutting-edge RISC-V innovations and connect with industry experts: About Andes Technology As a Founding Premier member of RISC-V International and a leader in commercial CPU IP, Andes Technology (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099) is driving the global adoption of RISC-V. Andes’ extensive RISC-V Processor IP portfolio spans from ultra-efficient 32-bit CPUs to high-performance 64-bit Out-of-Order multiprocessor coherent clusters.  With advanced vector processing, DSP capabilities, the powerful Andes Automated Custom Extension (ACE) framework, end-to-end AI hardware/software stack, ISO 26262 certification with full compliance, and a robust software ecosystem, Andes unlocks the full potential of RISC-V, empowering customers to accelerate innovation across AI, automotive, communications, consumer electronics, data centers, and mobile devices.  Over 16 billion Andes-powered SoCs by the end of 2024 are driving innovations globally.

Andes’ Extends RISC-V Leadership in AI and Automotive By application, AI leads all sectors, followed by consumer electronics, IoT and Automotive.  AI has become a major growth driver for Andes, accounting for 38% of the company’s revenue.  Andes is uniquely positioned to meet the needs of AI with the combination of its high-performance vector processors and ACE (Andes’ Automated Custom Extensions).  ACE enables Andes’ customers to easily and robustly customize their Instruction Set Architecture (ISA) to achieve unprecedented levels of performance and power efficiency while maintaining flexibility and ease-of-use.  Over 80% of Andes’ AI customers heavily leverage this capability to differentiate their solutions.  Notable customers targeting AI include Axelera AI, Fractile AI, Meta, RAIN AI, and Rivos Inc, among others.  Further, Deep Computing launched the world’s first RISC-V AI PC, powered by Andes 7nm Qilai SoC.

Eight Consecutive Years of Growth, with AI Customers Driving 38% of 2024 RevenueSan Jose, CA, March 14, 2025 (GLOBE NEWSWIRE) -- Andes Technology Corporation (TWSE: 6533), a global leader in high-performance, low-power RISC-V processor IP solutions, has achieved a significant milestone, surpassing $42 million in revenue for 2024.

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Article Details

Author / Journalist: Andes Technology Corporation

Category: Technology

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Published On: 2025-03-14 @ 15:00:00 (12 hours ago)

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