Microchip (MCHP) Bolsters Edge AI With Neuronix Acquisition
MCHPMicrochip Technology(MCHP) Zacks Investment Research·2024-04-17 00:46

Microchip Technology (MCHP) recently increased its expertise in power-efficient, AI-enabled edge solutions with the acquisition of Neuronix AI Labs. MCHP aims to improve its offerings for field programmable gate arrays (FPGAs) by leveraging Neuronix’s neural network sparsity optimization technology, notably its mid-range PolarFire FPGAs and SOCs, renowned for their low-power consumption, reliability and security. The acquisition positions Microchip to build cost-effective, large-scale edge deployments tailo ...