Reported about 9 hours ago
Ambarella's shares spiked over 20% following reports that the chip designer is exploring a potential sale, with possible interest from competitors in the semiconductor industry or private equity firms. Despite this surge, the company's stock has still declined approximately 15% in 2025. Ambarella reported revenue of $284.9 million for its fiscal year 2025, with analysts projecting an increase to around $350 million this year.
Source: YAHOO