Where in the World Is Ambarella?

Ambarella Inc. (NASDAQ: AMBA) has been incorporated since 2004. It is primarily a semiconductor and software design company focused on making systems on a chip (SOCs) for the camera industry. Most recognize that its corporate headquarters are in the heart of Silicon Valley -- but a deeper look reveals information that can better help an investor understand Ambarella and fully appreciate its value on a forward basis.

Over the past three years, Ambarella has had an effective tax rate far below what a U.S. company might normally pay, which could be as high as 35%. Below is a chart with the details by year for Ambarella.

Data source: Ambarella. Chart by author.

Source: Fool.com