CEVA partners with Microchip for AI chip technology licensing deal

Ceva Inc. (NASDAQ: CEVA) announced a long-term partnership with Microchip Technology Inc. (NASDAQ: MCHP) to license its NeuPro family of Neural Processing Units for integration into Microchip's semiconductor products.

The collaboration will embed Ceva's NPU technology across Microchip's range of compute, communication and security products. Microchip licensed the broad portfolio of NeuPro NPUs, which span from small embedded applications to those designed for generative AI workloads.

The partnership includes integration of Ceva's NeuPro Studio, an AI software development kit, into Microchip's own SDK. This will allow Microchip customers to train, import, optimize and deploy AI models using the combined platform.

"Microchip is committed to making AI a differentiating capability across our product portfolio," said Mark Reiten, Corporate Vice President responsible for AI at Microchip. "Collaborating with Ceva enables us to bring the full power of AI to our products, enabling richer, faster, and more intelligent experiences for our customers."

Amir Panush, CEO of Ceva, said the partnership reflects an industry-wide shift toward foundational AI across devices, systems and infrastructure. The companies stated the collaboration aims to deliver AI capabilities across industrial, data center, aerospace, automotive, consumer and communications markets.

Ceva's NeuPro NPU family is designed for AI inference workloads, targeting applications ranging from ultra-low-power microcontrollers to advanced computing platforms. The technology is optimized for performance, power consumption and silicon area requirements.

The announcement was made through a press release statement from the companies.

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