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AMBA Stock: Ambarella Posts Mixed Fiscal Q2 Earnings Report

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Chipmaker Ambarella (AMBA) late Thursday narrowly beat analyst estimates for its fiscal second quarter and matched views with its sales forecast for fiscal Q3. AMBA stock rose in extended trading. The Santa Clara, Calif.-based maker of edge AI chips earned an adjusted 18 cents a share on sales of $108.1 million in the quarter ended July 31. Analysts surveyed by…

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