2 days ago
Energy-Efficient Chipmaker Ambiq Micro Files for US IPO
Ambiq Micro Inc., a maker of ultra-low power semiconductors, has filed for an initial public offering as tech companies try to address the power consumption challenges posed by artificial intelligence computing.
The Austin-based company's chips are used in personal devices like fitness trackers, and industrial applications such as crop monitoring, according to a Thursday filing with the US Securities and Exchange Commission. It had a net loss of $8.3 million on revenue of $15.7 million in the three months ended March 31, the filing said.
