Valens is trading 5.28% down now at $1.52, alongside a sharp semiconductor selloff; no company-specific announcement explaining the move surfaced in the available search.
- Chip stocks weakened after Lam Research’s outlook did not ease investor concerns about spending and expectations, despite strong reported results.
- Worries about AI investment returns and weaker technology sentiment may also be weighing on semiconductor shares; SOXX is down 4.20%.
- Intraday volume information was not provided.