Edge AI ExpansionEdge AI was approximately 80% of the business in the third quarter, with Ambarella confident in edge-AI SAM outgrowth expected to grow significantly by 2030.
Product DemandDemand for the company’s edge AI inference processors remains strong, with the company’s design win pipeline supporting the near-term outlook.
Revenue GrowthQ3 revenue of $108.5M beat guidance, up 13.5% q/q and 31.2% y/y, led by strong IoT momentum in the portable video/other and security markets.