5 Best Small Cap AI Stocks to Invest In

2. Ambarella, Inc. (NASDAQ:AMBA)

Number of Hedge Fund Holders: 28

Ambarella, Inc. (NASDAQ:AMBA) develops semiconductors for high-definition video compression and image processing. Ambarella’s technology is used in advanced driving assistance systems (ADAS), electronic reflectors, drive recorders, driver/cabin monitoring, autonomous vehicles, and a host of other applications combining computer and human vision.

Ambarella, Inc. (NASDAQ:AMBA) is not just well-positioned to endure the current semiconductor slowdown, but its products are also in high demand currently. Its cutting-edge AI vision processor technology is gaining clients and design wind in a robust market for electric vehicles. Due to the Occuli acquisition, the company’s cash balance is lower than last year, although it is increasing sequentially. It enables the business to buy securities and improve its overall position.

Carillon Tower Advisers mentioned Ambarella, Inc. (NASDAQ:AMBA) in its Q1 2022 investor letter. Here is what the fund said:

“Ambarella (NASDAQ:AMBA) supplies video processing and computer vision chips used in the security and automotive markets. The company continues to face supply headwinds from its foundry partner despite robust market demand for Ambarella’s products.”