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0 0.000339097999321737 -0.00245846049508313 -0.00432349949135304 -0.00627331298745345 -0.0107121057985758 -0.00983384198033229 -0.0128857239742285
Stock impact report

Ambarella (AMBA) Expands Its Partner Base With New Agreement [Yahoo! Finance]

Ambarella, Inc. - Ordinary Shares (AMBA) 
Last ambarella, inc. - ordinary shares earnings: 3/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ambarella.com/investor-relations
Company Research Source: Yahoo! Finance
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 will prioritize the manufacturing of first-class intelligent driving in the energy vehicle sphere. Leapmotor will develop intelligent vehicles with Ambarella's powerful CV3-AD SoCs. The CV3-AD SoC meets ASIL-B/D functional safety standards and ensures hardware AI acceleration. Moreover, the SoC has enough space for AI and high-performance computing operations, along with a centralized fusion of raw LiDAR. These features will enable Leapmotor to deliver affordable yet superior e Show less Read more
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