$70.71
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AMBA News2 articles
Ambarella Shares Plunge 21% Despite $800 Million AI Deal and Improved Earnings
Ambarella shares dropped 21% to $72.18 after Q1 results and a $800 million Hanwha deal failed to calm investor worries.
Ambarella Shares Plunge 20% Despite AI Deal and Earnings Beat
Ambarella shares fell about 20% Friday despite a slight earnings beat and a $800 million Hanwha contract, as investors focus on margin declines and the gap between AI hype and cash flow.