10 Best Semiconductor Penny Stocks To Invest In Right Now

4. Valens Semiconductor Ltd. (NYSE:VLN)

Price as of March 5: $2.18

Number of Hedge Fund Holders In Q4 2024: 15

Valens Semiconductor Ltd. (NYSE:VLN) is one of the major suppliers of connectivity solutions worldwide. It designs, manufactures, and sells chipsets for industrial machine vision, automotive solutions, and power extension technologies. The company’s products enable extending high-speed connections over standard cables at greater distances than typically possible.

On February 26, 2025, the company reported Q4 and full-year 2024 results. Revenues came in at $16.7 million, exceeding the top end of its guidance and marking the fourth consecutive quarter of revenue growth. This growth happened even though, according to the leadership, the year was quite challenging.

According to Gideon Ben-Zvi, Valens Semiconductor Ltd.’s (NYSE:VLN) CEO:

“2024 was a challenging year for many companies around the world, including semiconductor companies in many markets, and these challenges affected Valens as well. However, although our sales were slowed by continued inventory digestion and weakness in our customer markets, we believe that we are emerging from the bottom of the cycle, and that 2025 will prove a turnaround year for our company.”

Regardless, Valens Semiconductor Ltd. (NYSE:VLN) continues to make strategic moves to strengthen an already strong market position. The company recently secured “Alliance partner” status with Sennheiser, a partnership that will see Valens’ USB and power extension technology becoming an officially endorsed solution for Sennheiser’s TeamConnect Bar products. In the same month, Acroname, a Valens affiliate, launched a new USB3.2 switch extension solution with advanced power delivery. It combines the company’s HDBaseT and BrainStem technologies to address power delivery challenges in USB-extended systems.