Jim Cramer on Ambiq Micro: "We Got to Be Careful of That"

Ambiq Micro, Inc. (NYSE:AMBQ) is one of the stocks Jim Cramer recently talked about. During the lightning round, a caller asked about the stock, and Cramer replied:

“Oh, Ambiq Micro, look, we got to be careful of that. There are so many good semiconductor companies out there. I’d rather see you in Broadcom, AVGO. I think that’s a, not as, obviously it’s not as speculative as Ambiq, but I like it because it’s really got a lot of new business.”

Ambiq Micro, Inc. (NYSE:AMBQ) designs ultra-low-power integrated circuits for wearables, IoT devices, and other power-sensitive applications. On September 23, the company rolled out a new version of its neuralSPOT SDK and Toolkit designed for the Apollo510 and Apollo510B systems-on-chips. The update brings better tools for working with AI and makes it easier for developers to build and test models. It includes examples for things like tracking human activity, monitoring ECG data, spotting keywords, improving speech quality, and recognizing individual speakers.

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Disclosure: None. This article is originally published at Insider Monkey.