HILLSBORO, Ore. - Lattice (OTC:LTTC) Semiconductor (NASDAQ: LSCC), known for its low power programmable solutions, announced today the introduction of its new MachXO5D-NX FPGA family and an updated Lattice Sentry solution stack, enhancing its offerings in the security domain.
The MachXO5D-NX FPGAs feature advanced cryptographic agility with hardware root of trust capabilities and are designed to enable secure and reliable product lifecycle management.
The new FPGA family is based on the Lattice Nexus platform and is equipped with security algorithms from the Commercial National Security Algorithm (CNSA) Suite for data protection. These include AES-256, ECDSA-384/521, SHA2-256,384/512, and RSA 3072/4096. The hardware root of trust features include an immutable boot ROM, unique device secret (UDS), and side channel attack (SCA) resiliency, among others.
To complement the hardware, Lattice's updated Sentry solution stack, now in its fourth iteration, supports the development of Platform Firmware Resiliency (PFR) solutions that are compliant with NIST SP800-193. The Sentry stack includes multiple QSPI/SPI monitoring with I2C peripheral attack protection, SPDM and MCTP support, and a new design workspace template reference design that enables PFR 4.0 solution with I3C support.
Dan Mansur, Corporate Vice President of Product Marketing at Lattice Semiconductor, emphasized the importance of crypto-agile security and the company's commitment to addressing the evolving security needs of its customers.
The new products are supported by the latest releases of Lattice Radiant and Lattice Propel design software, which provide the necessary tools for efficient design and deployment of secure systems.
Lattice Semiconductor's expansion into advanced security solutions reflects the company's focus on developing technologies that address the challenges posed by increasing cyber threats across various markets such as communications, computing, industrial, and automotive.
The information in this article is based on a press release statement from Lattice Semiconductor.
InvestingPro Insights
Lattice Semiconductor (NASDAQ: LSCC) has recently introduced its MachXO5D-NX FPGA family, signaling a strong commitment to advancing secure programmable solutions. This move comes at a time when the company's financial metrics and market performance are under the microscope. According to InvestingPro data, Lattice Semiconductor has a market capitalization of $7.82 billion USD, reflecting its significance in the semiconductor industry.
An InvestingPro Tip highlights that the company is trading at a high earnings multiple, with a P/E ratio of 35.39. This suggests that investors may be expecting high future earnings growth, despite the company's revenue having decreased slightly by 0.07% over the last twelve months as of Q1 2024. Moreover, the company's P/E ratio adjusted for the last twelve months stands at 34.9, which continues to point towards a premium valuation in the eyes of the market.
Another relevant InvestingPro Tip for potential investors is the concern that analysts anticipate a sales decline in the current year. This is in line with the quarterly revenue growth figure, which shows a significant decrease of 23.6% in Q1 2024. Still, it is worth noting that the company's liquid assets exceed its short-term obligations, indicating a solid liquidity position that could help navigate through challenging periods.
For those interested in deeper analysis, there are additional InvestingPro Tips available on the platform, which can be accessed at https://www.investing.com/pro/LSCC. These tips provide further insights into the company's financial health and market position. Moreover, users can take advantage of an exclusive offer using the coupon code PRONEWS24 to receive an additional 10% off a yearly or biyearly Pro and Pro+ subscription, granting access to a wealth of financial data and expert analysis to inform investment decisions.
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