Product DevelopmentAmbiq reported a solid beat and strong raise driven by robust demand across existing and new customers.
Strategic ExpansionAmbiq is executing well on its strategic transition out of lower-value/margin, consumer-oriented opportunities in China, towards higher-margin applications in North America, Europe and Japan/SE Asia.
Technology InnovationAmbiq's unique IP allows workloads to run at much lower power, which is very important in the wearables market and applicable in other markets like medical, industrial edge, smart home, autos, and data center.