Better Buy: Ambarella, Inc. vs. Intel Corporation
Chipmakers Ambarella (NASDAQ: AMBA) and Intel (NASDAQ: INTC) both underperformed the Philadelphia Semiconductor Index's 44% rally this year. Ambarella stayed nearly flat, while Intel rallied about 23%.
Ambarella and Intel are very different types of chipmakers -- the former makes SoCs (system on chips) for action cameras, security cameras, drones, and other devices, while the latter mostly sells x86 CPUs for PCs and data centers.
Image source: Getty Images.
Source: Fool.com
Ambarella Inc. Stock
€48.53
1.700%
Currently there is a rather positive sentiment for Ambarella Inc. with 24 Buy predictions and 5 Sell predictions.
With a target price of 72 € there is a positive potential of 48.36% for Ambarella Inc. compared to the current price of 48.53 €.
