Sectors & Industries TechnologySemiconductor Equipment & Materials
Best Semiconductor Equipment Stocks to Buy Now (2025)
Top semiconductor equipment stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best semiconductor equipment stocks to buy now. Learn More.

Industry: Semiconductor Equipment &...

Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Semiconductor Equipment is Zen Rated D and is the 98th ranked industry out of 145 stock market industries

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
PLAB	PHOTRONICS INC	$20.61	N/A	N/A	8.62x	10.31x	1.48x	1.16x	N/A	$175.57M	13.72%	$1.13B	18.16	$670.46M	2.25
KLAC	KLA CORP	$760.47	$230.24	230.30%	27.50x	23.48x	8.73x	25.11x	3.25x	$3.51B	3.48%	$4.00B	30.20	$104.59B	21.04
ASML	ASML HOLDING NV	$750.20	$231.01	224.75%	30.50x	27.55x	8.62x	15.14x	2.64x	$10.33B	3.51%	$19.45B	49.57	$288.28B	22.51
LRCX	LAM RESEARCH CORP	$82.25	$27.06	203.93%	22.78x	20.72x	6.16x	11.06x	3.77x	$3.79B	3.59%	$9.51B	7.41	$104.24B	18.26
AMAT	APPLIED MATERIALS INC	$167.99	$72.90	130.43%	21.79x	17.94x	4.95x	7.33x	1.86x	$5.94B	4.34%	$18.63B	22.88	$136.48B	15.82
NVMI	NOVA LTD	$195.64	$53.60	265.02%	26.95x	25.90x	7.70x	5.83x	4.71x	$221.07M	3.86%	$982.12M	33.56	$5.61B	20.99
ACMR	ACM RESEARCH INC	$24.62	$13.38	84.05%	14.48x	17.71x	1.94x	1.66x	2.03x	$93.61M	6.01%	$949.15M	15.00	$1.34B	8.45
ASYS	AMTECH SYSTEMS INC	$3.36	N/A	N/A	-1.51x	67.20x	0.53x	0.94x	N/A	$4.56M	9.49%	$51.04M	3.57	$51.19M	-1.90
AMBA	AMBARELLA INC	$58.55	N/A	N/A	-20.62x	-23.11x	8.49x	4.43x	N/A	$23.46M	0.97%	$561.41M	13.59	$2.35B	-25.59
ONTO	ONTO INNOVATION INC	$93.49	$57.75	61.89%	21.10x	15.36x	4.49x	2.38x	0.95x	$247.36M	5.38%	$1.92B	39.03	$4.37B	14.56
CAMT	CAMTEK LTD	$69.20	$20.48	237.81%	26.41x	24.08x	7.30x	5.73x	3.78x	$112.14M	3.58%	$549.24M	12.13	$3.22B	27.09
TER	TERADYNE INC	$83.06	$29.80	178.68%	23.20x	26.10x	4.62x	4.76x	2.75x	$608.44M	4.54%	$2.80B	17.32	$12.92B	16.82
ACLS	AXCELIS TECHNOLOGIES INC	$62.15	N/A	N/A	11.34x	18.89x	2.09x	1.94x	N/A	$122.87M	6.13%	$1.03B	31.84	$1.86B	8.21
ICHR	ICHOR HOLDINGS LTD	$18.41	N/A	N/A	-38.35x	42.57x	0.70x	0.90x	N/A	$10.43M	1.67%	$700.36M	20.60	$688.67M	27.34
STAI	SCANTECH AI SYSTEMS INC	$1.30	$5.94	-78.11%	6.19x	N/A	N/A	-9.27x	0.09x	-$376.11k	-6.46%	-$627.01k	-0.14	$6.06M	3.46
VECO	VEECO INSTRUMENTS INC	$21.05	N/A	N/A	18.46x	27.70x	1.71x	1.51x	N/A	$55.57M	4.57%	$811.86M	14.06	$1.34B	13.95
COHU	COHU INC	$17.62	N/A	N/A	-9.52x	-52.33x	2.10x	0.99x	N/A	-$11.60M	-1.41%	$827.72M	17.75	$694.39M	-36.80
ENTG	ENTEGRIS INC	$82.39	$40.64	102.73%	40.00x	26.45x	3.85x	3.33x	0.96x	$267.95M	2.15%	$3.75B	24.77	$16.19B	17.39
AMKR	AMKOR TECHNOLOGY INC	$19.63	$10.67	84.02%	15.22x	16.66x	0.77x	1.17x	1.84x	$227.93M	4.70%	$4.16B	16.84	$5.02B	4.77
KLIC	KULICKE & SOFFA INDUSTRIES INC	$33.96	$10.75	215.97%	94.33x	-598.94x	2.62x	2.07x	1.33x	$140.08M	7.74%	$864.17M	16.21	$1.54B	25.61
UCTT	ULTRA CLEAN HOLDINGS INC	$22.24	$8.77	153.53%	34.75x	30.47x	0.47x	1.15x	1.45x	$25.40M	2.53%	$872.00M	19.34	$1.33B	7.46
INTT	INTEST CORP	$5.99	N/A	N/A	N/A	N/A	0.57x	0.75x	N/A	$6.07M	8.31%	$99.40M	8.16	$75.26M	11.43
ATOM	ATOMERA INC	$6.92	N/A	N/A	-10.48x	N/A	1,730.00x	9.13x	N/A	-$13.89M	-6.63%	$23.28M	0.77	$189.96M	-10.93
AEHR	AEHR TEST SYSTEMS	$9.11	N/A	N/A	11.39x	N/A	4.41x	2.18x	N/A	-$6.09M	-2.25%	$124.21M	4.18	$248.25M	54.46
IPGP	IPG PHOTONICS CORP	$64.81	N/A	N/A	-13.91x	57.15x	2.90x	1.34x	N/A	$114.95M	4.16%	$2.06B	48.36	$2.39B	-14.68
DQ	DAQO NEW ENERGY CORP	$14.01	N/A	N/A	N/A	-4.54x	1.27x	0.22x	N/A	-$594.44M	-63.56%	$4.33B	64.86	$143.26M	N/A
INDI	INDIE SEMICONDUCTOR INC	$2.64	N/A	N/A	-3.52x	-6.05x	2.31x	1.38x	N/A	-$94.37M	-18.67%	$405.57M	2.12	$706.71M	-8.63
AXTI	AXT INC	$1.53	N/A	N/A	-5.67x	-2.92x	0.66x	0.36x	N/A	-$17.88M	-27.06%	$192.77M	4.47	$85.19M	-498.22
TRT	TRIO-TECH INTERNATIONAL	$5.30	N/A	N/A	37.86x	N/A	0.58x	0.71x	N/A	$1.15M	5.08%	$31.84M	7.49	$14.24M	3.51
SMTK	SMARTKEM INC	$2.34	N/A	N/A	-0.39x	N/A	93.68x	1.29x	N/A	-$8.17M	-107.00%	$6.59M	2.02	$1.41M	-0.14

Semiconductor Equipment Stocks FAQ

What are the best semiconductor equipment stocks to buy right now in May 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best semiconductor material stocks to buy right now are:

1. Photronics (NASDAQ:PLAB)

Photronics (NASDAQ:PLAB) is the #1 top semiconductor equipment stock out of 30 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Photronics (NASDAQ:PLAB) is: Value: A, Growth: C, Momentum: D, Sentiment: B, Safety: A, Financials: B, and AI: C.

Photronics (NASDAQ:PLAB) has a Due Diligence Score of 53, which is 14 points higher than the semiconductor equipment industry average of 39.

PLAB passed 16 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock lose -28.93% over the past year, underperforming other semiconductor equipment stocks by -11 percentage points.

Photronics has an average 1 year price target of $35.00, an upside of 69.82% from Photronics's current stock price of $20.61.

Photronics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Photronics, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Kla (NASDAQ:KLAC)

Kla (NASDAQ:KLAC) is the #2 top semiconductor equipment stock out of 30 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Kla (NASDAQ:KLAC) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: A, and AI: B.

Kla (NASDAQ:KLAC) has a Due Diligence Score of 54, which is 15 points higher than the semiconductor equipment industry average of 39.

KLAC passed 21 out of 38 due diligence checks and has strong fundamentals. Kla has seen its stock return 6.49% over the past year, overperforming other semiconductor equipment stocks by 25 percentage points.

Kla has an average 1 year price target of $784.38, an upside of 3.14% from Kla's current stock price of $760.47.

Kla stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Kla, 43.75% have issued a Strong Buy rating, 12.5% have issued a Buy, 43.75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Asml Holding Nv (NASDAQ:ASML)

Asml Holding Nv (NASDAQ:ASML) is the #3 top semiconductor equipment stock out of 30 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Asml Holding Nv (NASDAQ:ASML) is: Value: D, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: A.

Asml Holding Nv (NASDAQ:ASML) has a Due Diligence Score of 49, which is 10 points higher than the semiconductor equipment industry average of 39.

ASML passed 20 out of 38 due diligence checks and has strong fundamentals. Asml Holding Nv has seen its stock lose -18.21% over the past year.

Asml Holding Nv has an average 1 year price target of $918.00, an upside of 22.37% from Asml Holding Nv's current stock price of $750.20.

Asml Holding Nv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Asml Holding Nv, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the semiconductor equipment stocks with highest dividends?

Out of 8 semiconductor equipment stocks that have issued dividends in the past year, the 3 semiconductor equipment stocks with the highest dividend yields are:

1. Camtek (NASDAQ:CAMT)

Camtek (NASDAQ:CAMT) has an annual dividend yield of N/A, which is N/A percentage points lower than the semiconductor equipment industry average of 1.23%. Camtek's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Camtek's dividend has shown consistent growth over the last 10 years.

Camtek's dividend payout ratio of 50.8% indicates that its dividend yield is sustainable for the long-term.

2. Amkor Technology (NASDAQ:AMKR)

Amkor Technology (NASDAQ:AMKR) has an annual dividend yield of 3.71%, which is 2 percentage points higher than the semiconductor equipment industry average of 1.23%. Amkor Technology's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Amkor Technology's dividend has shown consistent growth over the last 10 years.

Amkor Technology's dividend payout ratio of 56.4% indicates that its dividend yield is sustainable for the long-term.

3. Kulicke & Soffa Industries (NASDAQ:KLIC)

Kulicke & Soffa Industries (NASDAQ:KLIC) has an annual dividend yield of 1.78%, which is 1 percentage points higher than the semiconductor equipment industry average of 1.23%. Kulicke & Soffa Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kulicke & Soffa Industries's dividend has shown consistent growth over the last 10 years.

Kulicke & Soffa Industries's dividend payout ratio of 225% indicates that its dividend yield might not be sustainable for the long-term.

Why are semiconductor equipment stocks up?

Semiconductor equipment stocks were up 7.31% in the last day, and up 6.74% over the last week. Axt was the among the top gainers in the semiconductor equipment & materials industry, gaining 22.4% yesterday.

Shares of semiconductor companies are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

What are the most undervalued semiconductor equipment stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued semiconductor equipment stocks right now are:

1. Photronics (NASDAQ:PLAB)

Photronics (NASDAQ:PLAB) is the most undervalued semiconductor equipment stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Photronics has a valuation score of 71, which is 42 points higher than the semiconductor equipment industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Photronics's stock has dropped -28.93% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -11 percentage points.

2. Acm Research (NASDAQ:ACMR)

Acm Research (NASDAQ:ACMR) is the second most undervalued semiconductor equipment stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Acm Research has a valuation score of 43, which is 14 points higher than the semiconductor equipment industry average of 29. It passed 3 out of 7 valuation due diligence checks.

Acm Research's stock has gained 6.95% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 25 percentage points.

3. Amkor Technology (NASDAQ:AMKR)

Amkor Technology (NASDAQ:AMKR) is the third most undervalued semiconductor equipment stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Amkor Technology has a valuation score of 43, which is 14 points higher than the semiconductor equipment industry average of 29. It passed 3 out of 7 valuation due diligence checks.

Amkor Technology's stock has dropped -39.95% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -22 percentage points.

Are semiconductor equipment stocks a good buy now?

56.52% of semiconductor equipment stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor equipment stocks to rise by 22.82% over the next year.

0% of semiconductor equipment stocks have a Zen Rating of A (Strong Buy), 7.14% of semiconductor equipment stocks are rated B (Buy), 67.86% are rated C (Hold), 14.29% are rated D (Sell), and 10.71% are rated F (Strong Sell).

What is the average p/e ratio of the semiconductor equipment & materials industry?

The average P/E ratio of the semiconductor equipment & materials industry is 26.47x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

Semiconductor Equipment Stocks FAQ

1. Photronics (NASDAQ:PLAB)

2. Kla (NASDAQ:KLAC)

3. Asml Holding Nv (NASDAQ:ASML)

1. Camtek (NASDAQ:CAMT)

2. Amkor Technology (NASDAQ:AMKR)

3. Kulicke & Soffa Industries (NASDAQ:KLIC)

1. Photronics (NASDAQ:PLAB)

2. Acm Research (NASDAQ:ACMR)

3. Amkor Technology (NASDAQ:AMKR)

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