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HomeBusinessNXP in talks to buy chip developer Ambarella, FT reports

NXP in talks to buy chip developer Ambarella, FT reports

July 31: NXP Semiconductors is in talks to buy chip designer Ambarella, the Financial Times reported on Friday, citing people familiar with the matter. Shares of Ambarella, with a market capitalization of $3. 25 billion, jumped nearly 17 per cent, while NXP fell over 3 per cent following the report. H

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