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Add as a preferred source on GoogleAmbarella Gains 5.3% on Speculation of Potential Qualcomm Deal
Shares rose Friday as speculation emerged that Qualcomm may be interested in acquiring the chipmaker and could be working with advisers on a possible transaction.
Ambarella shares rose 5.3% Friday as speculation emerged about a potential deal involving Qualcomm and the chipmaker.
The speculation suggested Qualcomm may be interested in a deal involving Ambarella and could be working with advisers on a possible transaction. No further deal terms were provided.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.