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Stock impact report

Leapmotor and Ambarella Announce Strategic Cooperation Agreement for Powerful Advanced Intelligent Driving Development

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: GlobeNewswire
HANGZHOU, China and SANTA CLARA, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Leapmotor (HKEX: 09863), a technology-driven intelligent electric vehicle company with a full suite of R&D capabilities, and Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, recently signed a strategic cooperation agreement. The two companies will focus on creating a first-class intelligent driving experience for the global new energy vehicle market. As part of this cooperation agreement, Leapmotor committed to creating an advanced intelligent driving solution based on Ambarella’s powerful CV3-AD family of automotive AI domain controller systems-on-chip (SoCs). Leapmotor will work to achieve the technical verification and installation of the CV3-AD SoCs on new passenger-vehicle models, further providing users with an affordable and superior intelligent electric vehicle. Ambarella’s CV3-AD is a family of scalable, high-performance and low-power AI domain control SoCs based on a 5nm autom Show less Read more
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