Shares of Ambarella, with a market capitalization of $3.25 billion, jumped nearly 17%, while NXP fell over 3% following the report.

NXP Semiconductors is reportedly negotiating to acquire edge-AI chipmaker Ambarella, potentially reshaping the autonomous driving semiconductor

July 31 : NXP Semiconductors is in talks to buy chip designer Ambarella, the Financial Times reported on Friday, citing people familiar with the matter. Shares of Ambarella, with…