OpenAI to produce its own AI chip with Broadcom from 2026- FT
AUSTIN - Ambiq Micro, Inc. (Market cap: $670M), rated FAIR by InvestingPro’s Financial Health Score, announced on Tuesday the expansion of its Apollo5 family with the Apollo510B wireless System-on-Chip (SoC), designed for edge AI applications requiring efficient wireless connectivity.
The new chip integrates a dedicated 48MHz network processor and Bluetooth Low Energy 5.4 radio. It features an Arm Cortex-M55 processor with Helium technology and turboSPOT, which the company states delivers up to 30x better power efficiency in AI applications and 16x faster performance compared to Cortex-M4 devices. With a strong current ratio of 5.6x, Ambiq maintains robust operational flexibility to support its innovation initiatives.
The Apollo510B includes 3.75MB of system RAM, 4MB of embedded non-volatile memory, and an enhanced memory architecture with 64KB I-cache and 64KB D-cache. It also incorporates a graphics processing unit with 2D/2.5D vector graphics acceleration.
"The integration of a low-power Bluetooth radio further extends the possibilities we can provide manufacturers to create the most advanced connected devices powered by edge AI," said Scott Hanson, CTO at Ambiq, in the press release.
The chip is designed for always-on, intelligent, and connected devices, particularly in body-worn and ambient AI applications. According to the company, target applications include wearables, smart glasses, remote patient monitoring, asset tracking, and industrial automation.
The Apollo510B SoC will be available in Fall 2025, according to the announcement.
Ambiq’s technology is built on its proprietary sub-threshold power optimized technology (SPOT), which the company claims delivers significant improvements in power consumption compared to traditional semiconductor designs.
In other recent news, Ambiq Micro has successfully completed its initial public offering, raising $110.4 million by selling 4.6 million shares at $24 each. The offering included the full exercise of underwriters’ option to purchase an additional 600,000 shares, and the company’s shares have started trading on the New York Stock Exchange. Several firms have initiated coverage on Ambiq Micro’s stock, reflecting diverse opinions. Needham rated the stock as a Buy with a $48.00 price target, emphasizing the company’s advanced technology for AI applications at the edge. Stifel also issued a Buy rating, citing Ambiq’s proprietary SPOT platform as providing a significant competitive advantage. In contrast, BofA Securities and UBS both initiated coverage with a Neutral rating, with price targets of $42.00 and $40.00, respectively. UBS noted valuation concerns, while BofA highlighted the company’s balance between growth and profitability. These developments indicate a growing interest in Ambiq Micro’s potential in the semiconductor industry.
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