Lattice Semiconductor designs small and mid-range field programmable gate arrays (FPGAs) — chips whose logic can be reprogrammed by customers through software, allowing engineers to customize chip behavior without the cost and time of building a custom ASIC. Lattice's FPGAs primarily serve as "companion chips," sitting alongside main processors, AI accelerators, and GPUs to handle supporting functions like boot sequencing, hardware security, I/O expansion, power management, and data preprocessing. Lattice's core differentiators are low power consumption, small physical size, and fast boot time. The company sells into five end markets: Communications and Computing (the largest, at over half of revenue), Industrial, Automotive, and Consumer. Lattice is fabless, outsourcing manufacturing to foundries including TSMC and Samsung and selling primarily through distributors, which account for roughly 84% of revenue. The company's two active product platforms are Nexus (small FPGAs, the primary revenue driver today) and Avant (mid-range FPGAs, ramping into industrial and automotive applications). Revenue scales with unit volume, attach rate per server or device, and ASPs, which are rising as customers adopt newer platforms and higher-value applications like post-quantum cryptography. The key near-term growth driver is AI data center infrastructure, where Lattice FPGAs are designed into AI servers as companion chips to NVIDIA, AMD, and hyperscaler custom silicon. Longer-term, Lattice is targeting robotics and industrial automation as intelligence moves closer to sensors at the "far edge."