AI is big business, and Ambarella NASDAQ: AMBA will benefit from it over the next decade, probably longer. While attention has been fixed on infrastructure names like NVIDIA NASDAQ: NVDA, Microsoft NASDAQ: MSFT, and Oracle NYSE: ORCL, the time has come to pay attention to the next wave of winners, of which Amberalla is a key player.
As of Aug 28, 2024, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Ambarella, Inc. (NASDAQ:AMBA ) Q2 2025 Earnings Conference Call August 27, 2024 4:30 PM ET Company Participants Louis Gerhardy - Vice President of Corporate Development Fermi Wang - Chief Executive Officer John Young - Chief Financial Officer Conference Call Participants Christopher Rolland - Susquehanna Joe Moore - Morgan Stanley Tore Svanberg - Stifel Ross Seymore - Deutsche Bank Kevin Cassidy - Rosenblatt Securities Sean O'Loughlin - TD Cowen Suji Desilva - ROTH Capital Shadi Mitwalli - Needham & Company Martin Yang - Oppenheimer & Company Operator Hello and thank you for standing by. Welcome to Ambarella's Q2 Fiscal Year 2025 Conference Call.
Ambarella (AMBA) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.15 per share a year ago.
Ambarella, Inc. AMBA will release earnings results for its second quarter, after the closing bell on Tuesday, Aug. 27.
The stock was rallying on hopes for a turnaround at AMBA, but it got derailed after several recent developments. Ambarella has seen sales shrink and losses mount, and the stock has done just as badly in the last three years, but better times may be within reach. The Company is counting on the market in China to enable a return to growth, but that foray is fraught with risk due to the tussle surrounding AI.
While artificial intelligence is a booming field right now, there are still major goals to be accomplished. One of those is autonomous driving.
The upcoming back-to-school and college season is likely to boost these stocks and ETFs.
Ambarella stock competes with Nvidia and Qualcomm in the automotive market.
Wherever machine learning exists so does the potential for broader artificial intelligence (AI) applications. That's because machine learning is, in effect, a subset of artificial intelligence development and is often used for the early days of training a model through algorithmic disciplines.
Ambarella (AMBA) expands its partner base by signing a strategic cooperation agreement with Leapmotor for manufacturing energy vehicles with intelligent features.
Ambarella Inc. NASDAQ: AMBA is a semiconductor developer focused on creating system-on-a-chip (SoCs) optimized for computer vision applications. Ambarella is actively participating in the edge artificial intelligence (AI) revolution.