Sales at FPGA vendor Achronix Semiconductor Corp. (Santa Clara, Calif.), are set to leap at least seven-fold in 2017 to exceed $100 million, but despite success the company is planning to "pivot" away from FPGAs to become an application-targeted chip company.
Achronix plans to provide increased support for machine learning architectures such as convolutional neural networks and is also planning to offer a new product line called SpeedChip.
Steve Mensor, vice president of marketing, at Achronix disclosed that Achronix was enjoying an "annus mirabilis" in a briefing. When asked how he could be sure of such numbers with the year less than half-way through said: "We have a hard backlog. This is based on what we've shipped and on orders. Anything more that comes in the second half will just add to that."