Ambiq Micro is trading 10.3% up at $63.18 after its shares began trading on the Singapore Exchange (SGX) Main Board, establishing a secondary listing to target Asia’s growing demand for edge AI chips.
- The new listing under ticker AMQ complements the company's existing NYSE presence and aims to capture regional investor interest in low-power semiconductor technology.
- The price jump comes amid a broader tech-led market rally and a strong rebound in semiconductor stocks, amplifying demand for specialized AI hardware providers.