Faraj Aalaei, CEO of semiconductor company Aquantia, spoke to Cheddar about the company's recent IPO. The company started trading on the New York Stock Exchange Friday morning. Faraj expressed that the company's interested in autonomous vehicles and discussed the possibilities that new technology can bring for the company's bottom line. The executive explained that the losses the company reported for 2016, and through the first part of this year, came from increased investments, which he believes will soon see returns.

Share:
More In Business
Housing Market Reports Are Here: April Insights and Economic Impact
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Why The GOP Wants To Stop The Cellular Agricultural Revolution
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Load More