5 Most Oversold Semiconductor Stocks to Buy Now

2. Ambarella, Inc. (NASDAQ:AMBA)

Ambarella, Inc. (NASDAQ:AMBA) is one of the 11 most oversold semiconductor stocks to buy now.

As Ambarella, Inc. (NASDAQ:AMBA) advances its edge artificial intelligence strategy, the company mapped out plans to expand its Edge AI business on March 11, 2026, in remarks delivered at the Cantor Fitzgerald Global Technology and Industrial Growth Conference.

The company highlighted the swift growth of its AI-driven semiconductor platform, with 80% of its revenue now derived from Edge AI solutions, a segment that grew 50% last year. It has shipped 42 million Edge AI processors and supports 370 AI customer projects in production.

Ambarella, Inc. (NASDAQ:AMBA) is also introducing indirect sales channels to target smaller customers and advancing a semi-custom chip initiative, including a two-nanometer design projected to begin generating revenue in early fiscal 2028, to expand its reach.

The development comes as the company’s recent financial performance mirrors similar AI-driven momentum.

On February 26, 2026, Ambarella, Inc. (NASDAQ:AMBA) reported record fiscal 2026 revenue of $390.70 million, up 37.20% year-over-year, with fourth-quarter revenue totaling $100.90 million, reflecting a 20.10% increase from the same period last year.

Ambarella, Inc. (NASDAQ:AMBA) develops low-power system-on-a-chip, or SoC, semiconductors and software for edge artificial intelligence, or AI, applications.