Altera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artificial intelligence and robotics applications. Altera is also preparing for a potential public listing in the near future. They have reduced reliance on Intel and are using advanced memory technology. This strategic positioning aims to capitalize on future market opportunities.

Altera posts 20% revenue growth and doubles operating income as demand for FPGAs in AI, robotics, and edge computing surges ahead of a potential IPO.

Altera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artificial intelligence and robotics…