The market for edge AI devices is growing fast, and Ambiq’s IPO will help it fund more products to meet demand there, executives say.

Investors are glued to Figma (FIG) this morning as it debuts on the New York Stock Exchange following a blockbuster initial public offering (IPO) that fetched it a valuation of about $19.3 billion. The design software company based out of San Francisco,

Figma (FIG), the design software company, jumped 198% on its initial trading day on the New York Stock Exchange, demonstrating a buoyant investor demand for Silicon Valley tech public listings. Figma priced its shares at $33 each in Wednesday's IPO — bringing in $1.

As it debuted Friday on the New York Stock Exchange, Avidia Bank by early afternoon saw the share prices of its holding company soar 45% from their initial offering price.

Figma, the design software company led by CEO and cofounder Dylan Field, saw its stock price more than triple in a stunning debut on the New York Stock Exchange on Thursday. Shares of Figma were trading as high as $107 within minutes after it began trading under the ticker FIG.