Jul. 30 at 8:17 PM
$AMBQ Ambiq sees itself as “the enabler” of edge AI devices, the company’s Chief Executive Fumihide Esaka told MarketWatch. These are part of a fast-growing market — one of the reasons why the company felt it was the right time to go public. With “exploding demand for edge AI, we wanted to make sure that we have enough products to enable a lot of edge AI devices,” and have them readily available to the market, Esaka said.
The edge-AI market is projected to be worth
$13.9 billion this year, according to Gartner research data cited by Ambiq — a large share of which is made up by devices for smart homes and cities. By 2028, Gartner projects the market will reach
$22.6 billion.
Ambiq has four focus markets, Hanson said: personal devices such as fitness trackers and smart rings, health and medical devices, industrial devices such as monitors for factory machines, and smart-home and smart-building devices.
$ARM
