|Bid||53.10 x 100|
|Ask||53.60 x 500|
|Day's Range||53.09 - 53.88|
|52 Week Range||51.05 - 71.62|
|PE Ratio (TTM)||17.73|
|Dividend & Yield||2.28 (4.23%)|
|1y Target Est||N/A|
Earlier this month, Qualcomm filed a complaint with the U.S. International Trade Commission seeking to ban iPhones that use chips "other than those supplied by Qualcomm affiliates." Apple began using Intel chips in the iPhone 7. Last week, a lobbying group that represents Alphabet Inc's Google (GOOGL.O), Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O) and Facebook Inc (FB.O) argued that barring Apple from importing foreign-assembled iPhones that use Intel Corp (INTC.O) chips would cause "significant shocks to supply" for phones and would hurt consumers.
Qualcomm, NVIDIA, and Texas Instruments are all more promising plays than Ambarella at these levels.
Wireless communications giant AT&T Inc. (NYSE:T) is set to report second-quarter fiscal 2017 earnings results after the closing bell Tuesday. T stock closed Friday at $36.51 and has fallen more than 14% year to date, not only trailing the 10% rise in the S&P 500 index, but also the better than 9% and 1% respective year-to-date returns delivered by T-Mobile US Inc (NASDAQ:TMUS) and Sprint Corp (NYSE:S). The fiercely competitive wireless market, driven by the likes of market leader Verizon Communications Inc (NYSE:VZ), has pressured AT&T’s growth prospects.