Ambarella, Inc. (AMBA)
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Ambarella develops low-power system-on-a-chip semiconductors that are used for artificial intelligence processing of images and videos. The company's systems offer computer vision algorithms, object detection, terrain mapping, and face recognition. The company's technology is usually connected to data centers in the cloud.
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Ambarella (AMBA) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
Ambarella (AMBA) and the Chinese automaker Dongfeng Motor's Dongfeng Fengshen (Aeolus) partner to build a Driver Monitoring System (DMS) for its recently launched Yixuan Max.
The system-on-a-chip and computer vision specialist landed a notable partnership in China.
After being on the sidelines for over three years an analyst at KeyBanc Capital Markets turned bullish on camera chip Ambarella, Inc. (NASDAQ:AMBA). The Ambarella Analyst: Analyst John Vinh upgraded Ambarella shares from Sector Weight to Overweight, with a $185 price target.
KeyBanc analyst John Vinh upgraded Ambarella Inc (NASDAQ:AMBA) to Overweight from Sector Weight with a $185 price target, implying a 24.2% upside. Vinh sees "multiple favorable tailwinds" related to the adoption of computer vision within the security and automotive end markets amid limited competition with the HiSilicon ban.
Dongfeng Motor Group and Ambarella Partner on Driver Monitoring System for Yixuan Max Mass-Production Vehicle2021-09-22 05:00
SANTA CLARA, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, today announced that it partnered with Dongfeng Fengshen (Aeolus), a mid-to-high-end brand of the Dongfeng Motor Group, to build a Driver Monitoring System (DMS) based on Ambarella's CV25 AI vision SoC and development platform. The first mass-production application of this system is in the Dongfeng Fengshen Yixuan Max, which launched on September 1st.