1 Self-Driving Car and AI Stock to Watch in the Second Half of 2023

Here's one small self-driving car and AI stock that often gets overlooked: Ambarella (AMBA 0.27%). These days, the company's video chip designs are found in automotive camera systems, video security cameras, and industrial applications like robotics. The company is also on its third-generation computer-vision AI chip for autonomous cars, dubbed CV3. With each subsequent advance in its chip designs, Ambarella improves computing systems' ability to "see" and help customers make steady advances toward full driving autonomy. Revenue directly tied to edge AI applications, including a commercial self-driving car customer, is now up to 60% of total revenue.