AMBA Q2 revenue and EPS exceed guidance on edge AI growth
Ambarella reports Q2 revenue and EPS exceeded guidance, citing record edge AI and automotive growth. It also points to Capgemini and Macnica partnerships plus product launches including the X7 AI accelerator and semi-custom projects.
Q2 revenue and EPS exceeded guidance, driven by record edge AI and automotive growth.
New partnerships with Capgemini and Macnica expand indirect sales, while the X7 AI accelerator and semi-custom projects target new markets.
Memory supply chain risks persist.Based on Ambarella, Inc. [AMBA] Q2 2027…