U.S. Stock Market News | Ambarella (AMBA.US) Soars Over 20% on Strong Q3 Revenue Guidance

According to the Wisdom Financial APP, on Friday, Ambarella (AMBA.US) surged more than 20%, hitting a new high for the year at $84.93. On the news front, the company announced that its performance in the second quarter of fiscal year 2026 exceeded market expectations, with revenue reaching $95.5 million, a year-on-year increase of 49.9%, surpassing FactSet's expectations of $90 million; Non-GAAP earnings per share were $0.15, exceeding IBES's expectations of $0.05 to $0.10. The company raised its revenue growth target for fiscal year 2026 to 31%-35% and provided strong guidance for the third quarter revenue, expected to be between $100 million and $108 million, reflecting continued growth in demand for edge AI.