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Ambiq Micro Stock Rises On Chipmaker’s Beat-And-Raise Report

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Ambiq Micro (AMBQ) on Tuesday beat analyst estimates for the second quarter and with its guidance for the third quarter. Ambiq stock rose in early trading. The Austin, Texas-based chipmaker lost an adjusted 7 cents a share on sales of $33.9 million in the June quarter. Analysts polled by FactSet expected a loss of 26 cents a share on sales…

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