Comment on Here's Why Things Look Gloomy for Ambarella Stock

Here's Why Things Look Gloomy for Ambarella Stock

Ambarella (NASDAQ: AMBA) has burnt investors badly this year. The stock has lost a third of its value so far in 2018, and it looks like a turnaround isn't going to happen anytime soon. The video-processing chip specialist raised investors' hopes earlier this year when it released computer vision chips aimed at the automotive and security camera markets, but that bet seems far from paying off.

 

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