Ambarella Inc. (NASDAQ:AMBA) is exploring strategic options, including a potential sale, as demand for its edge AI products surges. The company designs chips for video recording, streaming, and self-driving cars. Potential buyers include rival chip companies and private equity firms. Ambarella is forecasting a 28% revenue growth in FY2025. Despite its potential, other AI stocks may offer greater upside. Ambarella develops semiconductor solutions for AI processing and high-definition compression. For more insights on undervalued AI stocks, check out the best short-term AI stock report. No specific recommendations are provided in this article.

Read more at Yahoo Finance: Ambarella Explores Strategic Options, Including Potential Sale, Amidst Surging Edge AI Demand