Megachips Corporation

proteanTecs, a provider of health and performance management solutions for advanced electronics, announced a collaboration with MegaChips to integrate its embedded monitoring technology into MegaChips' next-generation ASIC and LSI digital systems. The joint effort aims to provide deep silicon visibility across development, production, and field operation for AI and high-performance electronic systems, enabling faster bring-up, advanced power management, and improved reliability. The collaboration includes proteanTecs' AVS Pro application for dynamic, workload-aware power reduction. MegaChips' Executive Officer Yasushi Amamiya said the partnership fuses MegaChips' Design for Test solutions with proteanTecs' deep-data analytics, transforming traditional DFT flows and helping customers reduce development risk. proteanTecs Japan General Manager Nori Kojima highlighted MegaChips' three decades of system LSI expertise, noting the collaboration will help customers optimize designs against power, performance, and thermal targets.

On August 7, the Tokyo stock market saw the Nikkei average extend its decline, ending the day down 76.55 yen at 65,606.71. Among gaming and entertainment stocks, Nintendo extended gains after the previous day's first-quarter results showed operating profit surged 150.5 percent year-on-year, a sharp increase that was well received. Bandai Namco also extended gains, recovering above the 5,000 yen level, after reporting record-high first-quarter results and raising its cumulative second-quarter earnings forecast. MegaChips rose for a seventh straight session after swinging to a profit in the first quarter and announcing a share buyback funded by an upward revision in gains from the sale of SiTime shares. Digital Hearts hit its daily limit up with proportional allocation following an announcement of a tender offer by Sandbox, a company wholly owned by Chairman Miyazawa.

MegaChips extended its gains and rose for a seventh straight session. The company reported a swing to a profit in its first-quarter results the previous day and announced it will conduct a share buyback of up to 1 million shares, equivalent to 7.1 percent of outstanding shares, for a maximum of 10 billion yen, funded by an upward revision in gains from the sale of SiTime shares. These factors were seen as positive.