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Ambarella, Inc. Ordinary Shares - AMBA STOCK NEWS

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Ambarella, Inc. (NASDAQ: AMBA) is a leading developer of low-power, high-definition (HD) and Ultra HD video compression and image processing solutions. The company's innovative products serve a diverse range of high-definition camera applications, including security IP-cameras, sports cameras, wearable cameras, flying cameras, and automotive video camera recorders. Ambarella's state-of-the-art compression chips are also integral to broadcasting TV programs around the globe.

Founded on the principles of cutting-edge technology and efficiency, Ambarella specializes in semiconductor processing solutions for high-definition video capture, sharing, and display. Their solutions are marketed to original design manufacturers (ODMs) and original equipment manufacturers (OEMs), finding applications in broadcast encoders, wearable device cameras, automotive cameras, and security cameras. The company's system-on-a-chip (SoC) designs, built on a proprietary technology platform, are highly adaptable to a range of end-market applications.

Geographically, Ambarella has a significant presence in Taiwan, the Asia Pacific region, Europe, North America, and the United States, deriving a majority of its revenue from Taiwan. The firm recently announced its fourth quarter and full fiscal year 2024 financial results, reporting a revenue of $51.6 million for the quarter and $226.5 million for the fiscal year, indicating a noticeable decline from previous periods. Despite the revenue dip, Ambarella maintains robust gross margins and continues to focus on its edge AI semiconductor products.

Ambarella's products are pivotal in several human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirrors, drive recorders, driver/cabin monitoring, autonomous driving, and robotics applications. The company's low-power SoCs integrate high-resolution video compression, advanced image processing, and powerful deep neural network processing to enable intelligent perception, fusion, and planning.

Recently, Ambarella has been active in forming strategic partnerships to advance its technology and market reach. Notable collaborations include agreements with SANY Group for automated driving solutions, Neusoft Reach for autonomous driving technology, and Leapmotor for intelligent driving systems in the new energy vehicle market. These partnerships underscore Ambarella's commitment to innovation and its strategic focus on expanding its influence in the AI and automotive sectors.

With a clear vision for the future, Ambarella aims to return to revenue growth in fiscal year 2025, leveraging the strength of its AI products and strategic initiatives. The company continues to invest in research and development to drive technological advancements and meet the evolving needs of its customers.

For more information, please visit www.ambarella.com.

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Ambarella, Inc. (AMBA) announces the Cooper™ Developer Platform, a power-efficient solution for industrial, AIoT, intelligent video analytics, and edge AI computing applications. The platform offers seamless integration of software, hardware, AI models, and services, providing universal support for Ambarella's entire portfolio of AI systems-on-chip (SoCs).
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Ambarella, Inc. (NASDAQ: AMBA) announced the addition of CV3-AD635 and CV3-AD655 to its CV3-AD family of automotive AI domain controllers. These SoCs cater to the full range of AD and ADAS solutions, from mainstream to premium passenger vehicles, and feature Ambarella’s CVflow® 3.0 AI accelerator. The new additions enable mainstream L2+ and advanced L2++ automated driving features, meeting industry standards and reducing power consumption for electric vehicles. The CV3-AD family offers the broadest performance range in the automotive industry, spanning an 18x AI performance increase from the CV72AQ to the CV3-AD685. The SoCs are fabricated in Samsung’s advanced 5nm automotive process technology. The strategic partnership between Continental and Ambarella aims to deliver full-stack vehicle system solutions, integrating maximum performance, industry-leading energy efficiency, and holistic environmental perception for safer mobility.
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Ambarella, Inc. (NASDAQ: AMBA) announces new N1 SoC series at CES, demonstrating multi-modal large language models with low power consumption, aiming to bring generative AI to edge endpoint devices and on-premise hardware for various applications like video security analysis, robotics, and industrial use.
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Kodiak Robotics, Inc. (NASDAQ: AMBA) selects Ambarella's CV3-AD685 AI SoC for its next-generation autonomous vehicles, aiming to improve AI efficiency and performance in long-haul trucking fleets. The partnership builds on the success of their current collaboration, with Kodiak having already logged over 300,000 miles on Ambarella's CV2 AI perception SoC. The new SoC is designed to optimize hardware cost, reliability, size, and robustness, while improving safety and performance for Kodiak's autonomous truck platform. The CV3-AD685 offers lower latency, lower power consumption, and higher reliability, setting new benchmarks in AI-based autonomous safety, efficiency, and innovation.
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Ambarella, Inc. (NASDAQ: AMBA) has announced its autonomous driving (AD) software stack, based on deep learning AI processing for perception, sensor fusion, and path planning. The stack is designed to run optimally on the company's CV3-AD AI domain controller system-on-chip (SoC) family, offering scalability for L2+ and higher autonomy levels. It also accelerates OEM development and provides real-time HD map generation from perception and SD maps, eliminating the need for stored HD maps.
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Ambarella, Inc. (NASDAQ: AMBA) reported a significant decline in revenue for the third quarter of fiscal 2024, with a 39% decrease compared to the same period in fiscal 2023. The company's GAAP net loss also increased, reaching $41.7 million for the quarter. However, non-GAAP net loss was $11.2 million, showing an improvement from the previous year. Ambarella aims to return to revenue growth in Fiscal 2025 and is focusing on the introduction of a portfolio of SoCs and software targeting more sophisticated AI inference workloads.
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Ambarella, Inc. (NASDAQ: AMBA) to Hold Q3 Fiscal Year 2024 Earnings Conference Call on November 30, 2023
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Ambarella Inc. (NASDAQ: AMBA) and Canopy announced the selection of Ambarella’s CV25 AI computer vision system-on-chip (SoC) for its flagship Canopy Pickup Cam system, providing real-time monitoring and threat detection for truck beds. The Canopy Pickup Cam is the first aftermarket, AI-enabled security system for truck bed security and uses Ambarella’s CV25 SoC to detect threats and reduce false alerts for truck owners. The system features a 180° ultra-wide field of view, low-light performance, and color night vision, delivering exceptional image quality in adverse lighting scenarios.
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Canopy, a smart vehicle security startup, has launched its first product, the Canopy Pickup Cam. The connected security camera is designed for pickup trucks and provides real-time truck bed monitoring. Canopy conducted a 4-week beta testing pilot with close to 100 truck owners to validate and refine the product. Canopy also announced partnerships with Ambarella and Upstream Security to support the product debut. The Pickup Cam uses Ambarella's CV25AI computer vision system-on-chip for threat detection, while Upstream Security provides cybersecurity protection. Canopy retails for $299 with a $14.99 per month subscription fee.
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Ambarella, Inc. announces retirement of CFO Brian White and appointment of John Young as new CFO. Reaffirms guidance for Q3 fiscal year 2024.
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FAQ

What is the current stock price of Ambarella Ordinary Shares (AMBA)?

The current stock price of Ambarella Ordinary Shares (AMBA) is $70.93 as of December 20, 2024.

What is the market cap of Ambarella Ordinary Shares (AMBA)?

The market cap of Ambarella Ordinary Shares (AMBA) is approximately 2.9B.

What does Ambarella, Inc. specialize in?

Ambarella, Inc. specializes in low-power, high-definition (HD) and Ultra HD video compression and image processing solutions used in a variety of cameras and broadcasting TV programs.

What are some applications of Ambarella's products?

Ambarella's products are used in security IP-cameras, sports cameras, wearable cameras, flying cameras, automotive video camera recorders, and broadcasting TV programs.

Which markets does Ambarella serve?

Ambarella serves markets like security, sports, wearable devices, automotive cameras, and broadcasting, with a significant presence in Taiwan, Asia Pacific, Europe, North America, and the United States.

Who are Ambarella's primary customers?

Ambarella's primary customers are original design manufacturers (ODMs) and original equipment manufacturers (OEMs) who use their semiconductor solutions.

What recent financial performance did Ambarella report?

For the fourth quarter of fiscal 2024, Ambarella reported a revenue of $51.6 million, and for the full fiscal year, a revenue of $226.5 million, reflecting a decline from previous periods.

What strategic partnerships has Ambarella formed recently?

Ambarella has formed strategic partnerships with SANY Group, Neusoft Reach, and Leapmotor to advance automated driving solutions and intelligent vehicle technologies.

What are some key areas of application for Ambarella's AI products?

Key areas include video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving, and robotics.

What is Ambarella's outlook for fiscal year 2025?

Ambarella expects to return to revenue growth in fiscal year 2025, driven by the strength of its AI products and strategic initiatives aimed at normalizing customer inventory levels.

How does Ambarella support technological innovation?

Ambarella supports technological innovation through significant investment in research and development, strategic partnerships, and a focus on AI and image processing advancements.

Where can I find more information about Ambarella?

For more information, please visit Ambarella's official website at www.ambarella.com.

Ambarella, Inc. Ordinary Shares

Nasdaq:AMBA

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2.87B
39.51M
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3.45%
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