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Arteris Inc. (NASDAQ: AIP) shares surged in after-hours trading on Tuesday after the semiconductor software company reported stronger-than-expected first-quarter 2026 earnings and raised its full-year revenue forecast. The stock jumped nearly 11%, reaching an indicated record high of $35.70 as investors reacted positively to the company’s accelerating growth in the artificial intelligence chip market.
For the quarter ending March 31, Arteris posted a loss of $0.03 per share, outperforming Wall Street expectations for a loss of $0.07 per share. Revenue climbed to $22.9 million, topping analyst estimates of $21 million and reflecting rising demand for advanced chip design technologies tied to AI infrastructure.
Arteris specializes in network-on-chip (NoC) and system-on-chip (SoC) technology used in complex semiconductor designs. The company also develops tools that help identify security vulnerabilities within chip architectures, making its products increasingly valuable as AI processors become more sophisticated.
The rapid expansion of artificial intelligence has fueled demand for high-performance chips that integrate massive processing and memory capabilities into a single platform. This trend has significantly boosted adoption of Arteris’ design solutions among semiconductor manufacturers and AI-focused companies.
AI-related business continues to be the company’s largest growth driver, helping management raise its full-year 2026 revenue guidance to between $91 million and $95 million, up from its previous forecast of $89 million to $93 million. The upgraded outlook further strengthened investor confidence in the company’s long-term growth potential.
Arteris stock has now gained more than 108% in 2026, making it one of the standout performers among AI semiconductor and chip software stocks this year. Investors remain optimistic that continued AI investment and growing demand for advanced chip technologies could drive additional upside for the company in the coming quarters.
