Ambarella, Inc. (NASDAQ:AMBA) Q3 2023 Earnings Call Transcript

Brian White: The approximate split would be about 75-25 IoT versus automotive.

Unidentified Analyst: Cool. And just a quick follow-up. How should we sort of think about that going into next year? I mean, do you guys see that dynamic changing significantly, or are we still going to write sort of the same split for the foreseeable future?

Dr. Fermi Wang: Well, like I said, we haven’t given any guidance for next year. But like I said, we expect auto percentage will continue to increase because the funnel that we’re building. And that should be the trend which we are expecting.

Operator: Thank you for your question. And that concludes today’s Q&A session. I would like to turn the call over to Dr. Fermi Wang for closing remarks. Go ahead, sir.

Dr. Fermi Wang: Thank you. And thank you all for your time and consideration. We hope to see you at CES or one of the other coming events. Thank you, and goodbye.

Operator: This concludes today’s conference call. You all may hang up and everyone have a great rest of your day.