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Ambiq Announces Closing of its Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
Ambiq Announces Closing of its Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

Yahoo

time31-07-2025

  • Business
  • Yahoo

Ambiq Announces Closing of its Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

Ambiq Upsized Initial Public Offering AUSTIN, Texas, July 31, 2025 (GLOBE NEWSWIRE) -- Ambiq Micro, Inc. ('Ambiq'), a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced the closing of its upsized initial public offering of 4,600,000 shares of its common stock, including the full exercise of the underwriters' option to purchase 600,000 additional shares, at a public offering price of $24.00 per share. The gross proceeds to Ambiq from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Ambiq, were $110.4 million. The shares began trading on the New York Stock Exchange under the ticker symbol 'AMBQ' on July 30, 2025. BofA Securities and UBS Investment Bank acted as joint lead book-running managers for the offering. Needham & Company and Stifel acted as joint book-running managers for the offering. A registration statement relating to the offering of securities was declared effective by the U.S. Securities and Exchange Commission on July 29, 2025. The offering was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained by contacting: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by email at or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, by telephone at (888) 827-7275 or by emailing ol-prospectus-request@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Ambiq Ambiq's mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. Ambiq enables its customers to deliver AI compute at the edge where power consumption challenges are the most severe. Ambiq's technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT®), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. Ambiq has powered over 270 million devices to date. Contact IRShelton Groupsheltonir@ 972-239-5119 PRCharlene Wan VP of Corporate Marketingcwan@ A photo accompanying this announcement is available at

AI chipmaker Ambiq Micro to go public at up to $25 a share
AI chipmaker Ambiq Micro to go public at up to $25 a share

Yahoo

time21-07-2025

  • Business
  • Yahoo

AI chipmaker Ambiq Micro to go public at up to $25 a share

-- Ambiq Micro Inc., a provider of ultra-low power semiconductors for edge AI applications, has filed for an initial public offering on the New York Stock Exchange under the ticker symbol 'AMBQ.' According to an SEC filing, the Austin-based firm plans to offer 6.8 million shares at a price range of $22 to $25 per share, implying a potential valuation of up to $426 million at the top of the range. Underwriters for the offering include BofA Securities, UBS Investment Bank, Needham & Company, and Stifel. The company has also granted underwriters a 510,000-share overallotment option, which could bring in additional proceeds if fully exercised. Ambiq's chips, which consume two to five times less power than conventional counterparts, have shipped in more than 270 million devices to date. Over 40% of the 42 million units shipped in 2024 ran AI algorithms, targeting use cases in wearable tech, digital health, smart homes, and industrial edge systems. Revenue momentum is strongest in geographies outside Mainland China, where net sales grew over 56% year-over-year in the first half of 2025. During the same period, sales in China fell by up to 84%, reflecting a broader pivot in the company's go-to-market strategy. According to preliminary results, Ambiq estimates its gross profit margin rose to 46.3% in the six months ended June 30, 2025, up from 35.7% a year prior. Gross profit could range between $15.2 million and $15.9 million, suggesting improved operating leverage as a result of more integrated system-on-chip (SoC) and software sales. The company's product lines, including the Apollo and developing Atomiq SoC families, leverage its proprietary Sub-threshold Power Optimized Technology (SPOT) platform to drive energy efficiency in AI workloads. Atomiq, which is still in development, is expected to deliver the highest performance and lowest power consumption among Ambiq's products to date. Despite the growth narrative, Ambiq cautions that it faces material risks, including dependency on Taiwan Semiconductor Manufacturing Company for fabrication and a lack of long-term customer commitments. The company also noted it has identified material weaknesses in internal financial controls as it transitions to public-market reporting standards. Looking ahead, Ambiq seeks to extend its SPOT architecture beyond its current microcontroller offerings into dedicated AI processors and application-specific chips. Management believes a licensable SPOT platform could position the company as a foundational low-power enabler in the broader $22.5 billion edge AI semiconductor market forecasted for 2028. Related articles AI chipmaker Ambiq Micro to go public at up to $25 a share Victoria's Secret Exposed: The Warning Sign Behind the Stock's 52% Collapse Apollo economist warns: AI bubble now bigger than 1990s tech mania Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ambiq Micro, Inc. Announces Filing of Registration Statement For Proposed Initial Public Offering
Ambiq Micro, Inc. Announces Filing of Registration Statement For Proposed Initial Public Offering

Yahoo

time07-07-2025

  • Business
  • Yahoo

Ambiq Micro, Inc. Announces Filing of Registration Statement For Proposed Initial Public Offering

AUSTIN, Texas, July 07, 2025 (GLOBE NEWSWIRE) -- Ambiq Micro, Inc. ('Ambiq'), a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the 'SEC') relating to the proposed initial public offering of its common stock. The proposed offering is subject to market and other conditions and there can be no assurance as to whether or when the proposed offering may be completed. The number of shares of common stock to be offered and the price range for the proposed offering have not yet been determined. Ambiq intends to apply to have its common stock listed on the New York Stock Exchange under the symbol 'AMBQ.' BofA Securities and UBS Investment Bank will act as joint lead book-running managers for the proposed offering. Needham & Company and Stifel will act as joint book-running managers for the proposed offering. The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the proposed offering may be obtained by contacting: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by email at or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, by telephone at (888) 827-7275 or by emailing ol-prospectus-request@ A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Ambiq Ambiq's mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. Ambiq enables its customers to deliver AI compute at the edge where power consumption challenges are the most profound. Ambiq's technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT®), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. Ambiq has powered over 270 million devices to date. Contact: Charlene Wan VP of Corporate Marketing and Investor Relations cwan@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Gold prices to witness big moves, may hit Rs 1.10 lakh/10g in one year. Is now the time to buy?
Gold prices to witness big moves, may hit Rs 1.10 lakh/10g in one year. Is now the time to buy?

Economic Times

time02-06-2025

  • Business
  • Economic Times

Gold prices to witness big moves, may hit Rs 1.10 lakh/10g in one year. Is now the time to buy?

Gold is poised for a significant rally over the next 12 months, with prices in India expected to surge to as high as Rs 1,10,000 per 10 grams and $4,000 per ounce in the global market amid the persisting geopolitical uncertainties. ADVERTISEMENT According to a report by Angel One, gold prices should accumulate near the Rs 85,000 level when meaningful dips occur. 'Investors with a long-term perspective... should accumulate on every dip, taking advantage of value average for higher returns,' the report said. Further, from a portfolio strategy standpoint, Angel One recommends maintaining a gold allocation of at least 10%. Analysts at Angel One noted, 'Our advice to investors is to allocate at least 10% of their portfolio allocation towards gold for better diversification.'Echoing a similar sentiment, Joni Teves, Precious Metals Strategist at UBS Investment Bank, also stated that she is bullish on gold and believes that diversification is likely to continue to drive prices higher.'We remain bullish on gold and think diversification should continue to drive prices higher. We don't think positioning is crowded and there is plenty of room for investors to continue building gold allocations,' Teves said. ADVERTISEMENT Lingering worries over US fiscal deficits, globally surging bonds, Dollar weakness and intensifying trade war make a strong case for gold extending its rally further, though it is to be noted that markets are still somewhat sceptical of Trump's threat to the US Dollar Index has weakened 7% this year and is likely to fall further on US exceptionalism being put into question. USDINR volatility will significantly affect domestic gold prices. ADVERTISEMENT 'Gold bulls need to be cautious about the possibility of Trump shifting his stance on EU tariffs and progress in trade deals with other trading partners,' noted Praveen Singh of Mirae Asset Sharekhan.'A decisive breach of the resistance zone of $3365-$3371 may take the yellow metal to $3435 and will bring the all-time high of $3500 in focus,' Singh added while highlighting that he maintains a bullish stance on gold. ADVERTISEMENT After delivering strong gains over the past year and a half, the yellow metal continues to shine as a preferred asset for investors seeking long-term value and portfolio has historically proven to be a reliable wealth creator, especially in times of economic uncertainty, and recommends a strategy of value averaging for accumulation. ADVERTISEMENT Amid global macroeconomic shifts, central bank buying, and steady demand from jewellery and investment sectors, Angel One advises investors to allocate at least 10% of their portfolio to gold for better One, in its report, has also highlighted that gold has already delivered strong returns over the past one and a half years and continues to offer a compelling investment case for long-term one looks at the table below, it clearly states that investment in gold pays good returns. Hence, one should make investments in gold from a long-term the demand front, the report outlines that jewellery has consistently contributed over 50% of total gold demand for more than a decade. Additionally, central banks have emerged as a key source of demand post-COVID, with their interest in gold rising steadily over the past four years.'This trend will likely continue in 2025, boosting the yellow metal prices for the second half of 2025,' analysts at Angel One also emphasised the role of gold as a stable asset in uncertain times. 'Gold as an asset has been a good diversifier in any portfolio for decades,' the report said, adding that both geopolitical tensions and macroeconomic factors have influenced gold the supply side, it was mentioned that global gold supply has been steady at over 4,000 tons annually for the past decade, reinforcing the metal's fundamental strength. Also read: Bulls & bears played tug of war in June over last 10 years. Should you stay put or take a vacation? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

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