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Stock impact report

AI Chips Today - Lantronix Launches Power-Efficient AI Module For Edge Applications [Yahoo! Finance]

Lantronix, Inc. (LTRX) 
Last lantronix, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: lantronix.com/investor-relations
Company Research Source: Yahoo! Finance
This SOM is designed to deliver low-power AI and Machine Learning capabilities on-device, facilitating the development of industrial Edge AI products such as drones, robotics, and smart cameras across various industries including transportation and logistics. By integrating advanced computing and connectivity features, Lantronix aims to accelerate time-to-market for developers creating innovative Edge applications, supported by Qualcomm Technologies' collaboration. The module's capabilities are expected to support demanding edge computing tasks including complex video processing and AI applications. QUALCOMM last closed at $157.97 down 0.3%. Elsewhere in the market, Rockchip Electronics was a notable mover up 1% and finishing the session at CN¥164.88. Meanwhile, Astera Labs lagged, down 6.2% to end the day at $62.79. Qualcomm's strategic expansions in automotive and IoT markets aim to boost revenue quickly. Explore Qualcomm's transformative growth potential and strategic moves b Show less Read more
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