Valens Semiconductor shares rise 60.83% intraday after securing A-PHY design win with global automaker for ADAS chipsets.

Valens Semiconductor surged 60.83% intraday after announcing a design win for its VA7000 MIPI A-PHY-compliant chipsets with a high-profile global automotive OEM targeting the Chinese market. The chipsets, set for integration into advanced driver assistance systems (ADAS), are expected to enter production in 2027, with a planned debut at CES 2026. The deal underscores the company’s growing traction in the automotive semiconductor sector, positioning it to capitalize on next-generation ADAS demand, which likely drove the sharp intraday rally.