CEVA is trading 5.1% up now at $30.50 after announcing a collaboration with LG Electronics to accelerate Ultra-Wideband adoption across automotive, industrial, and consumer applications.
- The companies secured a major U.S. semiconductor customer for the combined solution, providing commercial validation.
- The gain contrasts with broader semiconductor weakness, including SOXX’s 4.05% pre-market decline, suggesting company-specific partnership news is outweighing sector pressure.