Arteris Inc shares jumped up to 10.9% in after‑market, reaching an indicated record $35.70 per share on May 13, 2026.
Q1 2026 loss per share narrowed to $0.03, beating consensus of a $0.07 loss, while revenue rose to $22.9 million versus $21 million forecast.
AI‑driven chip demand propelled growth, with Arteris’ network‑on‑chip and security tools seeing heightened usage across complex AI chips.
Company lifted full‑year revenue outlook to $91‑95 million, up from $89‑93 million, and its stock is up 108% year‑to‑date.