Company Announcement - Ambarella, Inc. will hold its second quarter fiscal year 2025 earnings conference call on August 27, 2024, at 1:30 p.m. Pacific Time [1] - The earnings release will be issued after the market closes on the same day [1] - Interested participants must register online in advance to ask questions during the call [1] Company Overview - Ambarella specializes in edge AI semiconductor products used in various applications such as video security, advanced driver assistance systems (ADAS), and autonomous driving [2] - The company offers low-power systems-on-chip (SoCs) that provide high-resolution video compression and advanced image processing capabilities [2] - Ambarella's technology enables intelligent perception, fusion, and planning through powerful deep neural network processing [2]

While artificial intelligence is a booming field right now, there are still major goals to be accomplished. One of those is autonomous driving. Once the exclusive domain of science fiction, we’re closer than ever to having robots drive us around. Considering global population growth and the projected traffic increases, automating mobility would be a godsend. And that brings us to autonomous driving stocks.For one thing, the broader ecosystem is likely to be massive. According to Grand View Research, the glo ...

SANTA CLARA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ:AMBA), an edge AI semiconductor company, and Plus, an AI-based driver assist and autonomous driving (AD) solutions provider, today announced that Plus's PlusVision™—a high-performance transformer-based AD perception software stack with industry-leading power efficiency—is now available on Ambarella's CV3-AD AI domain controller family of systems-on-chip (SoCs), which provides industry leading AI performance per watt. This state-o ...

SANTA CLARA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, and Plus, an AI-based driver assist and autonomous driving (AD) solutions provider, today announced that Plus’s PlusVision™—a high-performance transformer-based AD perception software stack with industry-leading power efficiency—is now available on Ambarella’s CV3-AD AI domain controller family of systems-on-chip (SoCs), which provides industry leading AI performance per watt. This state- ...

Back-to-school and college is one of the busiest shopping seasons (mid-July to mid-September) in the United States. As of early July, more than half (55%) of back-to-school and college shoppers have already started buying items for the upcoming school year, according to NRF. While shopping has begun in full swing, the majority (86%) of consumers are yet to finish the rest of their purchases.Total back-to-school spending is expected to reach $38.8 billion, the second-highest figure on record, after last year ...

Ambarella stock competes with Nvidia and Qualcomm in the automotive market.In today's video, I discuss recent updates impacting Ambarella (AMBA -0.04%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of July 22, 2024. The video was published on July 22, 2024. ...

Core Insights - The article discusses the potential of machine learning stocks as critical contributors to the future of artificial intelligence (AI) development, emphasizing their long-term investment opportunities rather than short-term gains [1] Group 1: Klaviyo (KVYO) - Klaviyo focuses on intelligent marketing automation, leveraging consumer data to enhance direct marketing effectiveness [2] - The company recently introduced new features to its Klaviyo AI model, including Flows AI, which aids in personalized ad campaigns and audience sentiment analysis, particularly relevant for the upcoming holiday season [2][3] - Klaviyo's AI capabilities significantly improve marketers' ability to analyze consumer data, leading to better idea generation and execution [3] Group 2: Ambarella (AMBA) - Ambarella is dedicated to developing vision-processing technology for AI applications, addressing limitations in current AI training models [4] - The company's technology allows for the sequential mapping of visual data, which is essential for bridging the gap between robots and the AI needed to operate them [5] - Despite attracting short interest, some analysts remain optimistic about Ambarella's prospects and its ability to manage capital expenses for technological expansion [5] Group 3: Duolingo (DUOL) - Duolingo utilizes machine learning to enhance its translation models, capable of interpreting a vast number of acceptable answers for translation exercises [6] - The company's proprietary software may play a crucial role in the future of machine learning and AI training by recognizing linguistic patterns [6] - Duolingo could potentially open new revenue streams by collaborating with AI companies focused on developing chatbots and large language models [6]

Ambarella (AMBA) has lost 7.7% in the year-to-date period against the Zacks Electronic-Semiconductor industry’s growth of 17.2%. The stock’s underperformance reflects the company’s dismal financial performance for the past year as customer inventory correction measures continue to hurt the top line.However, Ambarella is continuously making efforts to gain new customers, which will help it return to its growth trajectory. AMBA recently signed a strategic cooperation agreement with Leapmotor. Both companies w ...

Company Overview - Ambarella Inc. is a semiconductor developer focused on system-on-a-chip (SoCs) for computer vision applications, actively participating in the edge AI revolution [1] - The company's SoCs are utilized in various applications including drones, security cameras, IoT, and advanced driver assistance systems (ADAS) [1] Edge AI and Technology - Edge AI refers to real-time processing on the device itself, offering faster processing, lower latency, and improved security compared to centralized cloud servers [2] - Ambarella's SoCs are designed for edge processing, enabling instantaneous data analysis with low power consumption [2] Financial Performance - For fiscal Q1 2025, Ambarella reported an EPS loss of 26 cents, which was 5 cents better than consensus estimates, while revenues fell 12.3% YoY to $54.47 million, exceeding the $53.98 million consensus [5] - The non-GAAP gross margin was 63.4%, slightly up from 63.1% in the previous year, and the company closed the quarter with $203.3 million in cash and cash equivalents [5] Future Guidance - Ambarella raised its fiscal Q2 2025 revenue guidance to between $60 million and $64 million, surpassing the $59.41 million consensus estimates, with expected non-GAAP gross margins between 62.5% and 64% [6] - The company anticipates revenue growth driven by inventory normalization and the expansion of its AI inference portfolio [8] Market Position and Competition - Ambarella competes with major chip makers such as Mobileye, NVIDIA, and Qualcomm in the computer and technology sector [1] - The CEO noted early signs of growth from AI inferencing at the network edge and multiple customer engagements leading to revenue opportunities [7]

Core Insights - Leapmotor and Ambarella have signed a strategic cooperation agreement to enhance intelligent driving experiences in the global new energy vehicle market [1][4] - Leapmotor will develop an advanced intelligent driving solution utilizing Ambarella's CV3-AD family of automotive AI domain controller SoCs [1][2] - The CV3-AD SoCs are based on 5nm technology, comply with ASIL-B/D safety standards, and support various environmental sensing suites [2] Company Overview: Leapmotor - Leapmotor is a technology-driven NEV company based in China, focusing on independent R&D capabilities in core technologies [5] - The company has launched a dual-model layout of battery electric and extended range vehicles in 2023, with four electric vehicle models currently in mass production [5] - In 2023, Leapmotor delivered 144,155 units, positioning itself as a significant player among China's emerging NEV manufacturers [5] Company Overview: Ambarella - Ambarella specializes in edge AI semiconductor solutions for various applications, including advanced driver assistance systems and autonomous driving [6] - The company's SoCs provide high-resolution video processing, advanced image and radar processing, and deep neural network capabilities [6] - Ambarella's CV3-AD family is designed to enhance AI performance while reducing power consumption, crucial for electric vehicle design [4]