Ambarella, Inc. (NASDAQ:AMBA), an AI vision silicon company, today announced it has entered into a definitive agreement to acquire Ohio-based Oculii Corporation ("Oculii"). Oculii's adaptive
Electric vehicles are the future, as the world moves from gas-guzzling ICE vehicles to their green energy counterparts. Ancillary beneficiaries of the growing EV adoption are companies that moved to an advanced driver assistance system (ADAS) technology, which has now come to be the core of self-driving and EVs.
Ambarella, Inc. (NASDAQ:AMBA) shares are trading higher after Keybanc upgraded the stock from Sector Weight to Overweight and announced 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…