Reported 1 day ago
Ambarella Inc. is exploring strategic options, including a potential sale, as the demand for its edge AI technology surges. The company, known for its semiconductor solutions in video processing and automotive applications, is in discussions with bankers and potential buyers. Despite last recording an annual profit in 2017, Ambarella anticipates a 28% revenue growth for FY2025, with 75% of its sales coming from edge AI products.
Source: YAHOO