SANTA CLARA, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its second quarter of fiscal year 2025 ended July 31, 2024. Revenue for the second quarter of fiscal 2025 was $63.7 million, up 3% from $62.1 million in the same period in fiscal 2024. For the six months ended July 31, 2024, revenue was $118.2 million, down 5% from $124.3 million for the six months ended July 31, 2023.Gross margin under U.S. generally ...

J Studios Ambarella (NASDAQ:AMBA), a supplier of low-power, system-on-chips or SoCs, has given back everything it gained after the last earnings report raised the value of the stock, based on the belief AMBA is set to return to growth after an extended period of contraction. The recent decline was caused by several contributing factors from different corners, which have yet to go away, but with AMBA scheduled to release its next report on August 27, an argument could be made that the recent drop in the stoc ...

SANTA CLARA, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its second quarter fiscal year 2025 earnings conference call on Tuesday, August 27, 2024 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance. Once registered, the dial-in numbers will be provided with a person ...

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. ...

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 ...