Boston, MA 05/21/2013 (wallstreetpr) – The share prices of Ambarella Inc. (NASDAQ:AMBA) has surged by 2.20 percent and currently trading at $17.17. The company, which develops semiconductor processing solutions for high definition videos, traded in the range of $15.76 to $17.39 per share. With the recent surge in share prices, the company had reached new 52 week high level of $17.39 per share.
Ambarella Inc. (NASDAQ:AMBA) is the leading developer of semiconductor solutions for videos which are aimed at enabling various features of the videos such as high definition pictures, video capturing, sharing and display. The company develops and markets such solutions in the camera and infrastructure markets and provides a technology platform by combining its competitiveness in developing semiconductor solutions with video and image processing algorithms and software.
The presence of Ambarella Inc. (NASDAQ:AMBA) in the camera market extends to various products such as wearable sports cameras, automotive aftermarket cameras, Internet Protocol (IP), security cameras, digital still cameras (DSCs), telepresence cameras, camcorders and pocket video cameras for video contents are developed. On the other hand, the company retains considerable market share in areas such as IP video traffic, broadcast encoding and IP video delivery applications related to the infrastructure market.
The share prices of Ambarella Inc. (NASDAQ:AMBA) had remained positive for the past 52 weeks. The company had continuously registered upward movements in the share prices to the magnitude of 55.51 percent. Further, the share prices Ambarella Inc. (NASDAQ:AMBA) had registered gain of 22.71 percent in the past one month.
