Arteris named a ‘Top Pick’ at Northland

Northland analyst Gus Richard notes that Arteris (AIP) shares have been under pressure due to the announcement of an ATM, though the firm does not believe that Arteris needs to raise money. Demand for its network-on-a-chip and system IP is robust and the critical semiconductor IP supplier has “no significant competitor,” says the analyst, who reiterates a $24 price target on the shares, which are also named “a top pick” for calendar 2026.