Published Date : 7/22/2025Â
Ambiq, a renowned ultra-low power semiconductor manufacturer, has officially filed for an initial public offering (IPO) to fund an expansion that will integrate its chips into more electronic devices for on-device artificial intelligence (AI) capabilities. The company plans to offer 3.4 million shares of its common stock at a price range of $22 to $25 per share, with the potential to raise up to $85 million on the New York Stock Exchange under the ticker symbol “AMBQ.”
Ambiq specializes in high-efficiency microprocessors made with Subthreshold Power Optimized Technology (SPOT), which is designed to enhance edge AI applications. In 2021, the company launched the Voice-on-SPOT tool to assist manufacturers in integrating voice biometrics into Internet of Things (IoT) devices. Additionally, Ambiq's microcontroller unit (MCU) has been utilized in biometric smart cards for both logical and physical access control.
The proposed IPO is being underwritten by BofA Securities and UBS Investment Bank, with Needham & Company and Stifel also involved. These underwriters have a 30-day option to purchase up to 510,000 additional shares. The IPO is expected to value Ambiq at $426 million, including employee compensation. Bloomberg calculates the company's fully diluted market value at $491 million. In September 2023, Ambiq raised $94.6 million in a funding round, which valued the company at $450 million.
In the first quarter of fiscal 2025, Ambiq reported a revenue of $15.7 million, alongside a net loss of $8.3 million. According to Bloomberg, the price for Ambiq’s stock is set to be determined after the close of markets on July 29.
Ambiq's IPO is a significant step forward in the company's mission to drive innovation in edge AI technology. By raising additional capital, Ambiq aims to accelerate the development and integration of its ultra-low power chips into a broader range of devices, thereby enhancing the capabilities of on-device AI applications and contributing to the growth of the IoT ecosystem.Â
Q: What is Ambiq's main focus in the semiconductor industry?
A: Ambiq specializes in high-efficiency microprocessors made with Subthreshold Power Optimized Technology (SPOT) for edge AI applications. Their focus is on ultra-low power consumption to enable more on-device AI capabilities.
Q: How much funding has Ambiq raised in the past?
A: In September 2023, Ambiq raised $94.6 million in a funding round, which valued the company at $450 million.
Q: What is the proposed price range for Ambiq's IPO?
A: Ambiq plans to offer its shares at a price range of $22 to $25 per share, with the potential to raise up to $85 million.
Q: What is the expected market value of Ambiq after the IPO?
A: Bloomberg calculates Ambiq's fully diluted market value at $491 million, including employee compensation.
Q: What are some of the applications of Ambiq's technology?
A: Ambiq's technology has been used in voice biometrics for IoT devices and in biometric smart cards for logical and physical access control.Â