Achronix Senior Director of Strategy and Planning Mike Fitton to Present at AI Hardware Summit

Press Releases Date

Virtual booth highlights hardware and IP solutions designed for artificial intelligence and machine learning applications

Santa Clara, Calif., September 17, 2020 Achronix Semiconductor Corporation, a leader in high-performance FPGAs and eFPGA IP targeting AI, ML, networking and data center applications, announces its participation in the third annual AI Hardware Summit virtual event.  Achronix invites attendees to save on their registration fee by using coupon code ACHRONIX10 for a 10% discount.

What

Organized by Kisaco Research, the AI Hardware Summit is the only event dedicated to AI hardware. The summit invites leaders from AI chip start-ups, semiconductor companies, system vendors/OEMs, data centers, end users, financial services, investors and fund managers to build a comprehensive architectural roadmap of the emerging AI chip market.

Achronix is an event sponsor and will host a virtual booth.

Presentation

Mike Fitton, Senior Director of Strategy and Planning, will present “Benefits of FPGAs and eFPGA IP for AI/ML Compute Acceleration.”

Hosted by the AI Hardware Summit and available in the Achronix booth, the presentation discusses how standalone FPGA devices and ASICs with integrated embedded FPGA (eFPGA) IP can be utilized to provide flexibility and future proofing to accelerate high-performance AI workloads. Find the complete abstract here.

When/Where

The event takes place online and will be hosted over a two week period: September 29–30 and October 6–7.  The full show agenda and registration  can be found at www.aihardwaresummit.com/events/ai-hardware-summit-2020.  

The presentation, “Benefits of FPGA and eFPGA IP for AI/ML Compute Acceleration" will be available in the Achronix virtual booth during the entire length of the conference.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words “intend,” “future,” “may,” “will,” “would,” “will be,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. All statements, other than statements of present or historical fact included in this press release, including Achronix’s strategy, products, operations, prospects and pipeline expectations, and plans and objectives of management are forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in domestic and foreign business, market, financial, political, and legal conditions and changes in the combined capital structure; the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities; risks related to the rollout of Achronix’s business and the timing of expected business milestones; the effects of competition on Achronix’s business; the effects of the cyclical nature of the semiconductor industry on Achronix’s business; risks related to Achronix’s customer concentration; the risks to Achronix’s business if internal processes and information technology systems are not properly maintained; risks associated with Achronix’s operational dependence on independent contractors and third parties; risks associated with Achronix’s reliance on certain suppliers for, among other things, silicon wafers, and shortages or interruptions in supply of wafers and other supplies; risks and uncertainties related to Achronix’s international operations, including possible restrictions on cross-border investments which could harm Achronix’s financial position; and risks associated with Achronix’s ability to develop new products and adapt to new markets. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of ACE’s registration statement on Form S-4, filed with the SEC on February 10, 2021, as may be amended from time to time, and other documents filed or that may be filed by ACE from time to time with the SEC and available on EDGAR at www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. There may be additional risks that Achronix does not presently know, or that Achronix currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements as predictions of future events, and Achronix assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

About Achronix Semiconductor Corporation

Achronix Semiconductor Corporation is a fabless semiconductor corporation based in Santa Clara, California, offering high-end FPGA-based data acceleration solutions, designed to address high-performance, compute-intensive and real-time processing applications. Achronix FPGA and eFPGA IP offerings are further enhanced by ready-to-use accelerator cards targeting AI, machine learning, networking and data center applications. All Achronix products are fully supported by a complete and optimized range of Achronix software tools called ACE, which enables customers to quickly develop their own custom applications.

Achronix has a global footprint, with sales and design teams across the U.S., Europe and Asia. In January 2021, Achronix entered into a definitive merger agreement with ACE Convergence Acquisition Corp. (Nasdaq: ACEV) in a transaction that would result in Achronix being listed on Nasdaq. The transaction is expected to close in the first half of 2021.

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Contacts

Bob Siller
Achronix Semiconductor Corporation
408-889-4142
bobsiller@achronix.com


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