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Ambarella Shares Crushed On Hikvision Blacklisting
Tuesday, October 8, 2019 - 12:04pm | 490Ambarella Inc (NASDAQ: AMBA) shares were falling 10% Tuesday after one of its largest Chinese customers was blacklisted by the Trump administration. What Happened Hikvision was one of 28 companies added to the U.S. Entity List of companies restricted from doing business with American companies. The...
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ON Semi, Ambarella Shares Lower Amid Threat Of HIKvision Blacklist
Wednesday, May 22, 2019 - 1:55pm | 352Ambarella Inc (NASDAQ: AMBA) shares were trading down Wednesday amid concerns the Trump administration could blacklist HIKvision, a Chinese surveillance firm, according to a New York Times report. The move would effectively ban HIKvision from purchasing U.S. technology and could occur in the coming...