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Many companies are developing computer vision solutions that help machines "see" their surroundings. This technology is essential for driverless cars, autonomous drones, automated machines, augmented reality headsets, and biometric security devices. The computer vision market could grow from US$11.9 billion to US$17.4 billion between 2018 and 2023 according to research firm Markets and Markets. Let's look for the best computer vision stock between the two top computer vision companies Ambarella, Inc. and Cognex Corporation.
Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition (HD), video capture, analysis, sharing, and display worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, computer vision functionality, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption. Its current computer vision stock is U$69.67, a 1.54% increase from the previous close.
Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacture and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. Its current computer vision stock is US$48.99, a 0.26% decrease from the previous close.
Well, both these computer vision trading companies are doing exceptionally well in stocks. With the rapid advancement of technologies like emotion AI, embedded vision, mixed reality, edge computing, and others, there are endless possibilities for computer vision technology. You can keep a close check on these technology companies, and you will surely make fortunes on your stock investments.
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