Valens (VLN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Valens Semiconductor has secured three significant design wins for its VA7000 MIPI A-PHY chipsets with top European automotive OEMs, a move that reinforces the company’s role in ADAS connectivity solutions. These partnerships, expected to generate over $10 million in annual revenue upon full commercialization, highlight the industry’s confidence in Valens’ future-proof technology for sensor connectivity. The company’s long-term strategy and development efforts in the automotive connectivity standard are now showing promising results, potentially paving the way for broader industry adoption.
For further insights into VLN stock, check out TipRanks’ Stock Analysis page.