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The assertion is true. This is the Artinian commutative ring is Noetherian theorem. One proof uses the nilpotent nilradical $N$ of an Artinian ring $A$. The quotient $A/N$ is a finite product of fields. Each quotient $N^j/N^{j+1}$ is an Artinian module over the semisimple ring $A/N$, hence has finite length and is Noetherian. The finite filtrationthen makes $A$ a Noetherian module over itself, which is exactly the ascending chain condition on its ideals.