Scalper1 News
Ambarella (AMBA) got a price target hike Monday from an analyst who is bullish about new customer Xiaomi’s Yi action camera prospects in China and rising prices overall for cameras that use Ambarella chips. Santa Clara, Calif.-based Ambarella supplies high-definition video-capturing and processing chips to action camera maker GoPro (GPRO) and a growing list of other customers, such as No. 1 China smartphone and camera maker Xiaomi. Ambarella’s Scalper1 News
Scalper1 News