Ambarella Inc (NASDAQ: AMBA) shares are diving on Friday after first-quarter results and weak second-quarter sales guidance.

Ambarella, a maker of AI chips for edge computing, edged above estimates for its fiscal Q1 and with its outlook. Ambarella stock fell.

Ambarella Inc (NASDAQ: AMBA) shares are diving on Friday after first-quarter results and weak second-quarter sales guidance.