Jul 31st, 2025

Arm Backed Ambiq Micro Soars Following IPO

Ambiq Micro shares soared yesterday following in impressive IPO which saw the AI chip company raise $96 million. Ambiq's focus on wearable and smart devices follows the vision of Founder and CTO Scott Hanson to put "intelligence everywhere." He discussed this and more with Tim Stenovec and Carol Massar on "Bloomberg Businessweek Daily"