AI Chip Energy Efficiency: Hoth Therapeutics Restructures as Rocket One Inc. to Enter the AI Semiconductor Infrastructure Market with Acquisition of Exclusive Rights to Next Generation AI Semiconductor Acceleration Technology Built on Non-Volatile Nanomagnetic Semiconductor Architecture

AI Chip Energy Efficiency: Hoth Therapeutics Restructures as Rocket One Inc. to Enter the AI Semiconductor Infrastructure Market with Acquisition of Exclusive Rights to Next Generation AI Semiconductor Acceleration Technology Built on Non-Volatile Nanomagnetic Semiconductor Architecture

https://www.prnewswire.com/news-releases/ai-chip-energy-efficiency-hoth-therapeutics-restructures-as-rocket-one-inc-to-enter-the-ai-semiconductor-infrastructure-market-with-acquisition-of-exclusive-rights-to-next-generation-ai-semiconductor-acceleration-technology-buil-302776054.html

Publish Date: 2026-05-19 08:17:00

Source Domain: www.prnewswire.com

• Hoth Therapeutics, Inc. (NASDAQ: HOTH) announces it will rename to Rocket One, Inc. and focus on AI infrastructure, next-generation semiconductor technologies, and ultra-low-power AI computing.
• Rocket One will acquire exclusive rights to AI semiconductor acceleration technology built on non-volatile nanomagnetic semiconductor architecture and spintronic computing technologies from Virginia Commonwealth University (VCU).
• The technologies aim to address escalating power consumption, cooling limitations, memory bottlenecks, inference latency, and rising infrastructure costs in the AI industry.
• Two primary technologies include a compact, low-energy nanomagnetic matrix multiplier and a skyrmion-based spintronic memory platform with applications in defense, autonomous systems, and space computing.
• Rocket One plans to grow capital efficiently through semiconductor partnerships, AI hardware commercialization, strategic acquisitions, and expertise in advanced computing architectures, defense technologies, and high-performance computing.