Ambarella Shares Rise Amid Nvidia Bid Speculation

Ambarella shares rose Wednesday amid takeover speculation that included Nvidia as a possible bidder. The speculation did not confirm that Nvidia had made an offer or reached an agreement.

Earlier speculation involved a possible Qualcomm deal with Ambarella.

Ambarella makes semiconductors for edge AI applications. Those applications include cameras, vehicles, industrial systems and robotics, where devices can process AI workloads.