Ambiq Micro Stock Pops on IPO Debut: What's Fueling the Surge?
The Motley Foolยท2025-08-05 05:00
Ambiq is focusing on chips with the lowest power consumption and also the highest computing performance. Software company Figma may have garnered the most attention from investors monitoring initial public offerings (IPOs) last week, but another tech name also nearly doubled in its market debut. Ambiq Micro (AMBQ -3.42%) priced its IPO at $24 per share on Wednesday, July 30, and shares were trading at over $50 on Thursday before closing at about $40 one day later. The semiconductor chip company could be tap ...