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Ambarella (AMBA) is approaching its multi-year high again with a price performance of over 30% in the last two trading days. I am considering following a potential breakout attempt. Rosenblatt sees this as a "Top Pick" for the second half of the year in the "Physical AI Pure Play". Ambarella has already delivered 46 million edge AI SoCs that enable AI inference, image signal processing, and video encoding on a single chip. Qualcomm (i) or NVIDIA rely more on universal architectures, while Ambarella designs its chips from the ground up for the...
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