Ambarella's Traction Drives Stock Surge: Market Reversal Underway

Ambarella TodayAMBAAmbarella$71.50 -0.05 (-0.07%) 52-Week Range$39.69▼$81.32Price Target$81.67Add to WatchlistIt has taken time for Ambarella NASDAQ: AMBA to gain traction, but its Q3 results prove it is. The shift from a pure-play computer vision company to an edge AI company focused on computer vision is instrumental to the company's traction and provides a vehicle for growth long into the future. The Q3 results are company-specific due to its leadership position in computer vision/AI technology but also ...