Chipmaker Ambarella plunges 12% after Trump administration blacklists a Chinese customer, Hikvision
been deployed to help with surveillance in China's Xinjiang region, where Muslims have been placed in "re-education camps.":
General trade tensions between the United States and China have been escalating in 2018 and 2019, which has, in our view, created and will continue to create an uncertain business environment. While tariffs and other retaliatory trade measures have not yet had a significant impact on our business or results of operations, we cannot predict future developments.
Ambarella is based in Santa Clara, California, and has a $1.9 billion market cap as of Monday's close. Other customers include
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