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 top automotive chip company


Should You Buy the Dip In This Top Automotive Chip Company?

#artificialintelligence

Ready or not, autonomous driving car features are coming. Starting with model year 2024, Nvidia's ( NVDA -2.10%) DRIVE Orin chip and sensor system will be available for use among automakers. But there are other ways to play the development of vehicle autonomy. One of them is small chip designer Ambarella ( AMBA -2.35%). After more than doubling its stock price over the last three years (which includes the recent 60%-plus sell-off from all-time highs), Ambarella is putting up solid numbers as its computer vision chips find their way into more automaker technology designs.