Semiconductor Firm Valens 'Dominates' Pro-AV, Scores Wins With Mercedes And Mobileye: Analyst
1. Needham initiated coverage on Valens Semiconductor with a Buy rating. 2. Valens is a leader in Pro AV connectivity markets with significant share growth. 3. New design wins in automotive will ramp up production by 2026. 4. Total Addressable Market (TAM) for Valens could exceed $5 billion by 2028. 5. MIPI A-PHY standard will drive future growth in automotive and medical sectors.