๐ $AMBA Q2 FY2025 Earnings: Edge AI Chipmaker Levels Up! ๐
Revenue: $63.7M โ3% YoY
GAAP Loss: $34.9M ($0.85/share)
Non-GAAP Loss: $5.5M ($0.13/share)
Cash: $219.8M ๐ฐ
๐ฌ Key Points:
1๏ธโฃ Record revenue for edge AI inference products ๐
2๏ธโฃ Expecting double-digit Q3 growth ๐
3๏ธโฃ IoT & Automotive customer ramps starting ๐
๐ง AI Buzz:
Ambarella's chips power computer vision, advanced driver assistance, and autonomous driving. They're positioning for next-gen AI including vision-language models and GenAI. ๐ค๐๐๏ธ
๐ก Did You Know? Ambarella started as a digital camera chip company before pivoting to AI. Talk about a glow-up! ๐ธโก๏ธ๐ง
๐ฎ Outlook:
Q3 Revenue Guide: $77M-$81M
Non-GAAP Gross Margin: 62.5%-64%
๐ฃ๏ธ CEO Fermi Wang: "Company specific drivers are more than offsetting the mixed global economic environment."
๐ What to Watch: Can Ambarella capitalize on the AI boom and translate tech leadership into sustained profitability?
#EarningsEdge #AI #SemiconductorStocks #TechEarnings
๐จโ๐ป๐ ๏ธ #MANTRA launches Incubator Program at the Dubai World Trade Centre @DWTCofficial in Collaboration with @Virtuzone_UAE, the leading corporate service provider in the UAE.
โ Sign up for the MANTRA Incubator Program: https://t.co/RSD9YpExVS
We encourage developers to apply for our incubator program if youโre keen on building projects like:
1. Lending Protocol
2. CDP Protocol
3. Real Estate Perps
4. GMX-Style Perps
5. Yield Splitting Protocol
The structure of the program is as follows: during the first month, developers and their teams will work from Dubai; the second month from Hong Kong; and the third month from San Francisco, leading up to launch on the Mainnet. MANTRA will provide support for building and operating throughout the incubation period.
Read more: https://t.co/n36smTFQHxย
$OM #RWA #Dubai #HomeForRWAs
1/ Shaping the future of #RWA Tokenization across Asia and the MENA region, ๐๐ฒ'๐๐ฒ ๐๐๐ฐ๐ฐ๐ฒ๐๐๐ณ๐๐น๐น๐ ๐ฟ๐ฎ๐ถ๐๐ฒ๐ฑ $๐ญ๐ญ๐ led by @ShorooqPartners, a prominent venture and technology investor in the MENA region
https://t.co/wxOjTouDQU
.@MANTRA_Chain raised $11 million in bid to expand real-world asset tokenization in the Middle East and Asia.
@realDannyNelson reports
https://t.co/SeHr7978En
๐ The sum of 2024 is 8. This is OUR YEAR!
We have so much in store for the #MANTRA community and I can't wait to reveal all the details once they're finalised. But for now.... here's a sneak peek at some of the exciting developments that lie ahead...
๐งตLet's have a look:
โ Study $CHEX โ - @blknoiz06
Hereโs the cheat sheet:
Conclusion: @ChintaiNexus is the only #RWA project with a confirmed $2+ billion in issuances by EOY, which means I expect the market cap to also exceed $2 billion by EOY. (which is about a 10x from here, at minimum)
#CHEX token is available on $ETH, $SOL, and @bitfinex ๐ฅ