🟢 Ambarella is trading 4% up today on rumors of a possible second strategic buyer

Ambarella is trading 4% higher at $70.33 on renewed takeover speculation involving a possible second U.S.-based strategic buyer.

• Betaville-reported rumors suggested an offer of $95–$105 per share, following earlier reports that NXP Semiconductors was discussing an acquisition.
• The Nasdaq is down 0.82%, while elevated Treasury yields are pressuring risk assets.
• The rival-buyer report remains unconfirmed, so volatility may remain elevated.