George Laplante

In January, Benzinga reported that GoPro Inc (NASDAQ: GPRO) could add Qualcomm, Inc. (NASDAQ: QCOM) as a component supplier and, consequently, lessen its dependence on Ambarella Inc (NASDAQ: AMBA). Now, Ambarella is bracing for a financial hit as news of GoPro’s “second source”...

Shares of Ambarella Inc (NASDAQ: AMBA) were lower by more than 3 percent early Friday afternoon despite trading in positive territory most of the morning. Ambarella reported a top and bottom line beat in its third quarter print, but guided towards a weak fourth quarter. Following the...