Aurora Corp

Ambarella CEO Fermi Wang said the fabless chipmaker is positioning its system-on-chip portfolio for broader edge AI adoption across enterprise security, consumer video, wearables, automotive and edge infrastructure, speaking at Citi's TMT Conference. Automotive accounts for about 30% of Ambarella's revenue and security remains its largest market, while wearables represented roughly 10% of revenue, according to figures cited by the conference moderator. Wang said the company's Cooper software development kit supports its 15 AI SoCs across a portfolio spanning 1 TOPS to 1,000 TOPS, and he named power efficiency as its primary competitive advantage, calling Qualcomm its largest competitor. Ambarella recorded record automotive revenue in its second quarter and has announced partnerships involving Aurora, Continental and Bosch, and Wang said a single consumer vehicle design win could represent several hundred million dollars of revenue. The company works exclusively with Samsung Foundry and expects its first 4-nanometer chip to enter production, and it is targeting 10% to 15% fiscal 2027 revenue growth, with memory availability and pricing the main uncertainty.