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Stock impact report

Ceva Neural Processing Unit IP for Edge AI Selected by Nextchip for Next-Generation ADAS Solutions [Yahoo! Finance]

CEVA, Inc. (CEVA) 
Last ceva, inc. earnings: 2/18 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.ceva-dsp.com
Company Research Source: Yahoo! Finance
ROCKVILLE, Md. April 22, 2025 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced that Nextchip has licensed the NeuPro-M Edge AI Neural Processing Unit ( NPU) IP for its next-generation advanced driver assistance systems (ADAS) solutions. Nextchip develops ADAS and Image Signal Processors (ISP) solutions for automotive Tier 1s and OEMs to create high-quality viewing cameras that deliver exceptional performance in any lighting condition and weather scenario. According to data from Grand View Research, the global ADAS market is expected to reach $122.8 billion by 2030, growing at a CAGR of 19.4% from 2023 to 2030, driven by increasing demand for safety features in vehicles and autonomous driving. To further enhance its next-generation ADAS solutions, Nextchip has selected the Ceva NeuPro-M NPU IP , to leverage its advanced AI and visi Show less Read more
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