🟢 Valens is trading 5.37% up today after announcing onsemi automotive image-sensor collaboration

Valens is trading 5.37% up now at $1.86 after announcing a September 22 collaboration with onsemi to develop a cost-optimized 3-megapixel automotive image sensor incorporating Valens’ MIPI A-PHY connectivity.

• The product targets high-volume vehicle-camera applications and OEMs; no financial terms or commercial launch date were disclosed.
• The partnership is a plausible company-specific catalyst, while broader semiconductor strength, including gains among peers, provides additional support.
• Shares also gained 7.27% on September 21, suggesting momentum preceded the announcement.