Ambiq Micro Shares Soar Amid Double-Digit Sales Growth

Dow Jones05-12

By Christopher Kuo

 

Ambiq Micro shares soared to an all-time high after the company posted double-digit sales growth driven by increased demand for its semiconductors that power artificial intelligence models.

Shares of the semiconductor company climbed 37% to $62.18. The stock reached an all-time high of $63.60 on Tuesday.

Ambiq Micro had a loss of $10.2 million, or 50 cents a share, compared with a loss of $8.28 million, or $18.96 a share, a year earlier.

Adjusted loss was 25 cents a share. Analysts polled by FactSet expected a loss of 36 cents a share.

Sales rose 59.3% to $25.1 million. Analysts expected sales of $21.5 million. The company said higher sales were driven by expanding customer adoption of its products, upgrades to higher-value platforms and strong demand for its edge AI solutions, which deploy AI models on local devices.

For the second quarter, the company expects sales of $31 million to $32 million and adjusted loss per share of 29 cents to 23 cents. Analysts expect $25.7 million in sales and an adjusted loss per share of 42 cents.

 

Write to Christopher Kuo at chris.kuo@wsj.com

 

(END) Dow Jones Newswires

May 12, 2026 11:00 ET (15:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment