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Chipmaker Ambarella Gets Bump From GoPro

Chipmaker Ambarella may be small relative to its competitors, but the company is attracting more interest due to a surging stock and a few high-profile clients.

The company makes chips that process high-quality video for a variety of companies including camera maker GoPro — whose stock has surged since going public last week — and search giant Google. It’s still small — its market cap is about $900 million — but the stock has soared more than 95 percent in the past 12 months as investors cheered its growth prospects.

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