Ambiq Micro's IPO Could Signal the Next Wave of AI-Driven Chip Stocks

Nvidia, Broadcom, and Arm Holdings have all been at the forefront of AI chip design and reaped the rewards. Nvidia and Broadcom stocks have soared 961% and 439%, respectively, since late 2022, while Arm has gained 173% since its September 2023 initial public offering (IPO). AI has been growing by leaps and bounds, but some believe it has a power problem. Ambiq might have the solution. Ambiq Micro (AMBQ -3.34%) made a big splash during its public debut, as the low-power chip designer's stock surged 61% on it ...