Altera Posts Renewed Growth as AI and Robotics Drive FPGA Demand, CEO Says
Altera, a programmable chip company spun out of Intel last year, is growing at roughly 20% annually and has more than doubled operating income as it positions its field programmable gate arrays (FPGAs) for expanding roles in artificial intelligence and robotics, Chief Executive Raghib Hussain said in an interview. The company, now majority-owned by…