Ambarella Beat Estimates but Fell as NXP Buyout Talk Lingered. Is the Edge-AI Upside Already Priced In?

Ambarella reported fiscal Q2 revenue of $108.1 million, up 13.2% year over year, and adjusted earnings of $0.18 per share versus $0.17 expected. Shares remained sharply lower following the results, extending a 5.6% regular-session decline as investors weighed margin and memory-supply uncertainty. The results arrived weeks after a report that NXP was in talks to […]