Wherever machine learning exists so does the potential for broader artificial intelligence (AI) applications. That’s because machine learning is, in effect, a subset of artificial intelligence development and is often used for the early days of training a model through algorithmic disciplines. As a result, machine learning stocks are small yet potentially critical contributors to the future of AI development. Through their proprietary software, they may become even more valuable than they currently appear t ...

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 ...

Ambarella TodayAMBAAmbarella$57.53 +0.62 (+1.09%) 52-Week Range$40.31▼$89.18Price Target$69.75Add to WatchlistAmbarella Inc. NASDAQ: AMBA is a semiconductor developer focused on creating system-on-a-chip (SoCs) optimized for computer vision applications. Ambarella is actively participating in the edge artificial intelligence (AI) revolution. Its SoCs integrate image signal processors (ISPs) and hardware accelerators to optimize AI inferencing on the edge possible. Ambarella chips are used in drones, securit ...

HANGZHOU, China and SANTA CLARA, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Leapmotor (HKEX: 09863), a technology-driven intelligent electric vehicle company with a full suite of R&D capabilities, and Ambarella, Inc. (NASDAQ:AMBA), an edge AI semiconductor company, recently signed a strategic cooperation agreement. The two companies will focus on creating a first-class intelligent driving experience for the global new energy vehicle market. As part of this cooperation agreement, Leapmotor committed to creati ...

Strategic Cooperation Agreement - Leapmotor and Ambarella signed a strategic cooperation agreement to create a first-class intelligent driving experience for the global new energy vehicle market [1] - Leapmotor will develop an advanced intelligent driving solution based on Ambarella's CV3-AD family of automotive AI domain controller SoCs [1] - The collaboration aims to achieve technical verification and installation of CV3-AD SoCs on new passenger-vehicle models, offering affordable and superior intelligent electric vehicles [1] Ambarella's CV3-AD SoC Family - CV3-AD SoCs are scalable, high-performance, and low-power AI domain control SoCs based on a 5nm automotive-grade process technology [2] - The SoCs comply with ASIL-B/D functional safety standards and support centrally processed environmental sensing suites [2] - They integrate a high-quality image signal processor for ultra-low latency, low noise, and high dynamic range images [2] - CV3-AD SoCs provide hardware AI acceleration and centralized fusion of raw LiDAR and millimeter-wave radar data [2] - Leapmotor confirmed the specifications, performance, and reliability of CV3-AD SoCs and praised Ambarella's support [2] Leapmotor's Vision and Product Strategy - Leapmotor focuses on technology and intelligence to provide the best value-for-money with superior intelligent vehicle electrification [3] - The company aims to be in the first echelon of the industry in terms of intelligent driving [3] - Leapmotor believes the partnership with Ambarella will accelerate the upgrading and iteration of product intelligence and create safer and more practical advanced intelligent driving functions [4] Ambarella's Perspective on the Partnership - Ambarella is honored to partner with Leapmotor, emphasizing the need for higher AI performance, lower power consumption, and comprehensive support for advanced algorithms in advanced intelligent driving systems [4] - CV3-AD SoCs demonstrate proven performance in mainstream advanced intelligent driving systems and help simplify product design, improving electric vehicle range and reducing battery costs [4] Future Collaboration Plans - Leapmotor and Ambarella plan to explore more possibilities for intelligent driving technology cooperation, including addressing challenges and expanding the global market [4] - The companies aim to bring higher-value intelligent driving solutions to global users [4] About Leapmotor - Leapmotor is a Chinese NEV company with full-suite independent R&D capabilities in core NEV technologies [5] - The company develops, manufactures, and sells NEVs, produces EIC core components, and provides vehicle internet solutions based on cloud computing [5] - Leapmotor launched a "dual-model layout of battery electric + extended range" in 2023 and has mass-produced four electric vehicles, including T03, C11, C01, and C10 [5] - In 2023, Leapmotor delivered 144,155 units [5] About Ambarella - Ambarella's products are used in human vision and edge AI applications, including video security, ADAS, electronic mirrors, drive recorders, driver/cabin monitoring, autonomous driving, and robotics [6] - The company's low-power SoCs offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Ordinary Shares, $0.00045 Par Value Per Share AMBA The Nasdaq Global Select Market Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fro ...

Investors might want to bet on Ambarella (AMBA) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ea ...

Shares of Ambarella (AMBA) have gained 18.6% over the past four weeks to close the last trading session at $56.15, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $72.29 indicates a potential upside of 28.7%.The mean estimate comprises 14 short-term price targets with a standard deviation of $13.04. While the lowest estimate of $50 indicates a 11% decline from the current price ...

Ambarella, Inc. (NASDAQ:AMBA) Q1 2025 Earnings Conference Call May 30, 2024 4:30 PM ET Company Participants Louis Gerhardy - Vice President of Corporate Development Fermi Wang - Chief Executive Officer John Young - Chief Financial Officer Conference Call Participants Christopher Rolland - Susquehanna Joe Moore - Morgan Stanley Kevin Cassidy - Rosenblatt Securities Nick Doyle - Needham and Company Jeremy Kwan - Stifel David O 'Connor - BNP Paribas Richard Shannon - Craig Hallium Capital Kevin Garrigan - West ...

Ambarella (AMBA) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this video-compression chipmaker would post a loss of $0.33 per share when it actually produced a loss of $0.24, delivering a surprise of 27.27%.Over the last four quarters, the compan ...