Arteris, Inc. shares rise 3.89% intraday after joining UALink Consortium to accelerate high-bandwidth, low-latency HPC and AI accelerators.

Arteris, Inc. rose 3.89% in intraday trading, with the company announcing its membership in the Ultra Accelerator Link Consortium™ (UALink™). This news is positive for Arteris as it highlights the company's involvement in advancing high-bandwidth, low-latency HPC and AI accelerators, aligning with the growing demand for specialized computing and networking solutions in the AI era.