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NXP in talks to buy chip developer Ambarella, FT reports

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Reuters2 hrs ago

NXP in talks to buy chip developer Ambarella, FT reports Reuters

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Channel NewsAsia🏁 first to report2 hrs ago

NXP in talks to buy chip developer Ambarella, FT reports

July 31 : NXP Semiconductors is in talks to buy chip designer Ambarella, the Financial Times reported on Friday, citing people familiar with the matter. Shares of Ambarella, with a market capitalization of $3.25 billion, jumped nearly 17 per cent, while NXP fell over 3 per cent following the report.Here are a few detai

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