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SiFive Delivers Record Growth in 2022 with Fast-Growing Roster of New Customers and Products

Today SiFive has design wins with more than 100 customers, including 8 of the top 10 semiconductor companies, in applications including automotive, AR/VR, client computing, datacenter, and the intelligent edge.

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SiFive Delivers Record Growth in 2022 with Fast-Growing Roster of New Customers and Products
Highlights leadership in RISC-V and proven performance and power density benefits
San Jose, Calif., Dec. 13, 2022 – At the RISC-V Summit today, SiFive, Inc., the founder and leader of RISC-V computing, celebrated its impressive year of growth and technical achievements. In 2022 SiFive announced collaborations with some of the world’s largest chip companies and hyperscale datacenters, as the company has been laser-focused on expanding growth. Today SiFive has design wins with more than 100 customers, including 8 of the top 10 semiconductor companies, in applications including automotive, AR/VR, client computing, datacenter, and the intelligent edge. This year the company rolled out new products for a range of fast-growing and high-volume markets, including a comprehensive automotive portfolio, and expanded its presence globally. This momentum was recognized last week when SiFive was awarded the prestigious 2022 Most Respected Private Semiconductor Company Award by the Global Semiconductor Alliance GSA.

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“This was a standout year for SiFive, as we collaborated with some of the biggest companies on the planet to tackle their unmet needs, shifted our portfolio and revenues from embedded to high performance RISC-V products that are shaking up the industry, and expanded our global footprint,” said Patrick Little, CEO and Chairman at SiFive. “With the fast-paced growth of SiFive and rapidly increasing demand for our products, and the overall growth of the RISC-V ecosystem, as we’ve said before, the future of RISC-V ‘has no limits’ as we take the company to new heights.”
SiFive has made incredible technical progress over the last year, rolling out several products with unparalleled compute performance and efficiency. The new SiFive Performance™ P670 and P470 RISC-V processors raise the bar for innovative designs in high volume applications like wearables, smart home, industrial automation, AR/VR, and other consumer devices. The company introduced its SiFive Automotive™ E6-A, X280-A, and S7-A solutions to address critical needs for current and future applications like infotainment, cockpit, connectivity, ADAS, and electrification. Plus, SiFive enhanced its popular SiFive Intelligence™ X280 processor IP to meet the accelerated demand for vector processing, especially for AI and ML applications.
The company has continued to deepen its collaborations and partnerships as it works to transform the future of compute and define what comes next. Through partnership with Microchip, SiFive is a part of NASA’s next generation High-Performance Spaceflight Computing (HPSC) processor, which delivers a 100x increase in computational capability to help propel next-generation planetary and surface missions. Additionally, the X280 processor with the new SiFive Vector Coprocessor Interface Extension (VCIX) is being used as the AI Compute Host to provide flexible programming in a leading datacenter. SiFive also announced its work with companies including BrainChip, Kinara (Deep Vision), Synopsys, and ProvenRun, as well as a broad set of OS, Software Tools, and EDA ecosystem processors for the SiFive Automotive Family of processors
Another big milestone for SiFive is the company’s partnership with Intel to spark innovation in high-performance RISC-V platforms. SiFive is supporting Intel Foundry Services (IFS) Innovation Fund’s goal to build innovative new multi-ISA computing platforms including RISC-V platforms optimized for Intel process technology. The IFS Innovation fund will support the creation of disruptive technologies to address modern computing challenges, with the Intel-SiFive collaboration aiming to extend the RISC-V ecosystem. At the show, the companies unveiled more details about the HiFive Pro P550 Development System (code named Horse Creek); this high-performance development system will enable the RISC-V ecosystem to productively create software when it is commercially available later in 2023.
SiFive’s stellar growth, technical achievements, and partnerships have been recognized by prestigious organizations. In addition to the recent GSA Awards recognition, SiFive was awarded a 2022 TSMC Open Innovation Platform® (OIP) Partner of the Year award. Additionally, SiFive ranked in the top 10 percent of Inc.’s fastest growing private companies in America list.
To meet the strong customer demand for SiFive’s innovative RISC-V IP, SiFive has expanded its headcount to more than 550 employees and has opened new offices around the world, including a Research & Development (R&D) Center in Cambridge, United Kingdom, a design center in Bangalore, India, and a new office in Hyderabad, India..
At the RISC-V Summit, taking place from Dec. 12-15 in San Jose, Calif. and virtually, SiFive is presenting in more than 10 sessions, including a keynote on Dec. 13 at 10:35 a.m. PT with SiFive’s CEO Patrick Little: “RISC-V Spotlight: Delivering on Real-World Customer Challenges.” To learn more about SiFive’s business, stop by the SiFive booth in the RISC-V Summit Expo Hall.
About SiFive
As the pioneers who introduced RISC-V to the world, SiFive is transforming the future of compute by bringing the limitless potential of RISC-V to the highest performance and most data-intensive applications in the world. SiFive’s unrivaled compute platforms have enabled leading technology companies around the world to innovate, optimize and deliver the most advanced solutions of tomorrow across every market segment of chip design, including artificial intelligence, machine learning, automotive, data center, mobile, and consumer. With SiFive, the future of RISC-V has no limits. For more information, please visit SiFive.com.

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[thelittleshort]

What I am firmly convinced of is that the continuing comments about AKIDA technology for doorbell camera security systems going back to the former CEO Mr. Dinardo in mid 2020 has to be grounded in a customer engagement for this product.

The only question in my opinion is when will we hear ‘AKIDA calling’.

My opinion only DYOR
FF

AKIDA BALLISTA

“The global smart doorbell market was valued at USD 2.76 billion in 2021 and is projected to grow at a CAGR of 17.21% during the forecast period. A smart doorbell is a connection and monitoring device that enables users to check guests before permitting them to access the building.
View attachment 24671
https://www.polarismarketresearch.com › ...

Smart Doorbell Market Size, Share Global Analysis ...​

Feedback

Further to your post @Fact Finder - from the BrainChip website 'Neuromorphic Chip Maker Takes Aim at the Edge'

 

[Fact Finder]

The future of Brainchip and the AKIDA technology Revolution seems only limited by human imagination.

The following paper introduces the use of vision transformers for road weather conditions but starts from this reality:

“ The average classification result obtained with the combined CNNs and SNNs was 97.88%, which is much better than using the CNN models without SNNs.”

So AKIDA SCNN already the best but coming soon to a tech giant near you is next generation AKIDA with transformers and LSTM.

https://www.preprints.org/manuscript/202212.0221/v1/download

My opinion only DYOR
FF

AKIDA BALLISTA

 

[alwaysgreen]

I know certain people play down LinkedIn likes and I understand why. I often like posts by clients that I am trying to get a foot in the door with. So likes from Rob etc, I take with optimism but also reason that there may or may not be a relationship there.

Likes from others about Brainchip posts though, I think are a bit of an investment cheat code. I believe they provide massive insight into who our NDA clients likely are. It's not quite a price sensitive announcement but in my view, it is as close as we will get in an NDA operating environment.

Amazing that the price only shifted 10% this week on the back of the Intel news. I put it down to the fragile and scared market environment but with all that the 1000 eyes know and have uncovered, once the market sentiment shifts or we show some serious revenue, our share price will fly. The only way is up!

 

[Pmel]

I know its mentioned beforehand that no takeover. I hope that there is no takeover. If it is then not less then 10$ minimum. With all the positive news happening i hope we grow as brainchip. We have all waited for that long and dont want a big company takeover and we just get sold for very minimal. Fingers crossed no takeover.

 

[alwaysgreen]

I know its mentioned beforehand that no takeover. I hope that there is no takeover. If it is then not less then 10$ minimum. With all the positive news happening i hope we grow as brainchip. We have all waited for that long and dont want a big company takeover and we just get sold for very minimal. Fingers crossed no takeover.

If it was $7 or $8 per share, I would be over the moon. If you really believe in Brainchip, you could invest back into the company that did the takeover as you would expect them to have the explosive sales that management predicted for us.

 

[Foxdog]

I think I'll just wait for BRN to be the one taking over other companies

 

[Steve10]

S&P500 breadth (blue line) vs S&P500 (orange line). Black line is when breadth makes a higher high.

 

[Quiltman]

CES 2023 promises to be the ignition switch for an amazing year for BrainChip in 2023.
We have already been told that both SocioNext and Prophesee will be demonstrating products that feature BrainChip IP at this event.
And, the carrot. more to come ...
Many companies work towards announcing new initiatives & products at CES, and they start the ball rolling with a press conference at the event for the big reveal. There are also numerous conference sessions that are highly relevant to BrainChip.
Here are some companies of interest to BrainChip that have already announced press conference events. They may or may not include BrainChip in their product reveals ... but geez, the anticipation is killing me !

Media Days will feature media-only press conferences, CTA’s Tech Trends to Watch presentation and CES Unveiled Las Vegas. Open exclusively to registered media, Media Days will feature the world’s leading tech brands as they make product announcements before the show floor opens. Media will hear the first tech news of 2023 and get a hands-on preview of the products being launched at CES 2023.

 

[Steve10]

US 2 year bond yield (blue line) vs US interest rate (orange line).

 

[Sirod69]

I know certain people play down LinkedIn likes and I understand why. I often like posts by clients that I am trying to get a foot in the door with. So likes from Rob etc, I take with optimism but also reason that there may or may not be a relationship there.

Likes from others about Brainchip posts though, I think are a bit of an investment cheat code. I believe they provide massive insight into who our NDA clients likely are. It's not quite a price sensitive announcement but in my view, it is as close as we will get in an NDA operating environment.

Amazing that the price only shifted 10% this week on the back of the Intel news. I put it down to the fragile and scared market environment but with all that the 1000 eyes know and have uncovered, once the market sentiment shifts or we show some serious revenue, our share price will fly. The only way is up!

I agree with you very much @alwaysgreen, many likes are certainly a like due to an interest in the company, of whatever kind. However, you have to link yourself to employees, so make them a contact request or follow them, like I do. Then you will also get the latest posts or activities of these people or companies.
For example, if Rob Telson or Anil Mankar likes it, it does mean something, because they certainly don't have the time to spend hours looking up which employee from whatever company posted whatever news. They don't have time for that. I have that time, but you read quite a lot during the day ;-)

 

[Boab]

S&P500 breadth (blue line) vs S&P500 (orange line). Black line is when breadth makes a higher high.


View attachment 24687

Hi @Steve10, as you are interested in the US markets please see the attached regarding PLP's (Publicly Traded Partnerships) and the introduction of a new withholding tax.
*NON BRN RELATED*

Withholding on Publicly Traded Partnerships (“PTPs”) Effective Jan 2023

ibkr.info

 

[Dozzaman1977]

Morning Everybody
Ive looking into the SOCIONEXT 4th generation new series of smart display controllers that contain AKida IP,
“SC1721/ SC1722/ SC1723 Series”, certified with ISO26262 for functional safety. Apart from the press release saying samples of these will be available from July 2022, and i think Ive read somewhere they will start mass production in early 2023, Socionext have not updated their webpages to include anymore information on these new controllers yet
But Ive found some previous generation information on these controllers . Ill put below for those that are interested. Gives a gist about what they do. cheers

Looks like they have not updated product roadmap for quite sometime (Since 2020)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Food4 thought]

I know certain people play down LinkedIn likes and I understand why. I often like posts by clients that I am trying to get a foot in the door with. So likes from Rob etc, I take with optimism but also reason that there may or may not be a relationship there.

Likes from others about Brainchip posts though, I think are a bit of an investment cheat code. I believe they provide massive insight into who our NDA clients likely are. It's not quite a price sensitive announcement but in my view, it is as close as we will get in an NDA operating environment.

Amazing that the price only shifted 10% this week on the back of the Intel news. I put it down to the fragile and scared market environment but with all that the 1000 eyes know and have uncovered, once the market sentiment shifts or we show some serious revenue, our share price will fly. The only way is up!

I know we were only up 10% but how many investors really are doing deep research most people are lazy or they are time poor and around this time of the year out partying or finishing things for business deadlines.
Next month will be the start of amazing things to come I feel, I feel it in my bones.

 

[Dozzaman1977]

Great news for BRN shareholders for future growth as we now know that Socionext 4th Generation Graphic display controllers contain Akida IP
SOCIONEXT seem to be a big player in this field!!!

 

[Quiltman]

BTW, John Deere won a "Best of Innovation" award for their Autonomous Tractor ...
I for one haven't given up on John Deere being a customer of BrainChip.

 

[Rise from the ashes]

I know we were only up 10% but how many investors really are doing deep research most people are lazy or they are time poor and around this time of the year out partying or finishing things for business deadlines.
Next month will be the start of amazing things to come I feel, I feel it in my bones.

I've sent many things to family regarding BRN, partnerships etc. Stuff that I think is truly OMG material. I'm now convinced that I'm adopted or mistakenly picked up by the wrong family due to the very subdued responses.. I get more excited responses when I ask if they need anything from the shops.

 

[Deadpool]

I've sent many things to family regarding BRN, partnerships etc. Stuff that I think is truly OMG material. I'm now convinced that I'm adopted or mistakenly picked up by the wrong family due to the very subdued responses.. I get more excited responses when I ask if they need anything from the shops.

I know what you mean, my wife would rather talk about the Samboy variety of chips, than talk about Brainchip anymore.
In her defense, I suppose I have been banging on about my other love every other day for a number of years now Love Brainchip

Keep up the good work everybody

 

[TheFunkMachine]

My wife randomly walked past a doctor and a male nurse at the hospital last night ant their work station and they had Brainchip website open. This is the same doctor that bragged about buying BTC at the peak only a few months ago. Lol. But maybe the word is getting out there? fun to see random people at work talking about a stock you have been heavily invested in for 4 years

 

[TheFunkMachine]

I've sent many things to family regarding BRN, partnerships etc. Stuff that I think is truly OMG material. I'm now convinced that I'm adopted or mistakenly picked up by the wrong family due to the very subdued responses.. I get more excited responses when I ask if they need anything from the shops.

I've sent many things to family regarding BRN, partnerships etc. Stuff that I think is truly OMG material. I'm now convinced that I'm adopted or mistakenly picked up by the wrong family due to the very subdued responses.. I get more excited responses when I ask if they need anything from the shops.

Honestly, most people are proud and don’t want advice. I’m convinced some people would rather miss the boat than having to thank me for a stock tip in the future. Anyone else feel this way?