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 99th 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	$19.45	N/A	N/A	8.14x	9.73x	1.40x	1.10x	N/A	$175.57M	14.54%	$1.13B	18.16	$596.73M	2.00
ASYS	AMTECH SYSTEMS INC	$3.43	N/A	N/A	42.88x	68.60x	0.49x	0.59x	N/A	$6.17M	12.62%	$82.44M	5.78	$52.82M	9.04
KLAC	KLA CORP	$701.20	$229.76	205.18%	25.36x	21.65x	8.05x	23.15x	3.00x	$3.51B	3.78%	$4.00B	30.20	$96.75B	19.46
LRCX	LAM RESEARCH CORP	$75.36	$27.01	179.04%	20.87x	18.98x	5.65x	10.13x	3.45x	$3.79B	3.92%	$9.51B	7.41	$95.43B	16.71
NVMI	NOVA LTD	$183.52	$53.49	243.11%	25.28x	24.29x	7.22x	5.47x	4.42x	$221.07M	4.12%	$982.12M	33.56	$5.25B	19.66
AMAT	APPLIED MATERIALS INC	$155.61	$72.75	113.89%	20.18x	16.62x	4.58x	6.79x	1.72x	$5.94B	4.69%	$18.63B	22.88	$126.42B	14.66
ACMR	ACM RESEARCH INC	$22.19	$13.48	64.61%	13.29x	15.96x	1.77x	1.55x	1.71x	$69.99M	5.07%	$904.63M	14.54	$1.18B	7.52
ASML	ASML HOLDING NV	$706.21	$230.53	206.34%	28.71x	25.94x	8.12x	14.25x	2.49x	$10.33B	3.73%	$19.45B	49.57	$271.03B	21.16
AMBA	AMBARELLA INC	$53.85	N/A	N/A	-18.96x	-21.26x	7.81x	4.07x	N/A	$23.46M	1.05%	$561.41M	13.59	$2.15B	-23.41
ONTO	ONTO INNOVATION INC	$88.50	$57.63	53.56%	19.98x	14.54x	4.25x	2.25x	0.90x	$247.36M	5.68%	$1.92B	39.03	$4.12B	13.75
CAMT	CAMTEK LTD	$66.57	$20.44	225.64%	25.41x	23.16x	7.02x	5.51x	3.64x	$112.14M	3.72%	$549.24M	12.13	$3.10B	26.09
TER	TERADYNE INC	$77.42	$29.74	160.29%	21.63x	24.33x	4.30x	4.44x	2.56x	$608.44M	4.87%	$2.80B	17.32	$12.01B	15.64
ACLS	AXCELIS TECHNOLOGIES INC	$57.66	N/A	N/A	10.52x	17.53x	1.94x	1.80x	N/A	$122.87M	6.61%	$1.03B	31.84	$1.71B	7.57
VECO	VEECO INSTRUMENTS INC	$19.21	N/A	N/A	16.85x	25.28x	1.56x	1.38x	N/A	$55.57M	5.01%	$811.86M	14.06	$1.23B	12.83
ICHR	ICHOR HOLDINGS LTD	$16.99	N/A	N/A	-35.40x	39.28x	0.65x	0.83x	N/A	$10.43M	1.81%	$700.36M	20.60	$640.22M	25.42
COHU	COHU INC	$16.36	N/A	N/A	-8.84x	-48.59x	1.95x	0.92x	N/A	-$11.60M	-1.52%	$827.72M	17.75	$635.80M	-33.70
ENTG	ENTEGRIS INC	$76.36	$40.56	88.28%	37.07x	24.51x	3.56x	3.08x	0.89x	$267.95M	2.32%	$3.75B	24.77	$15.28B	16.41
KLIC	KULICKE & SOFFA INDUSTRIES INC	$31.83	$10.73	196.75%	88.42x	-561.38x	2.46x	1.94x	1.25x	$140.08M	8.26%	$864.17M	16.21	$1.43B	23.74
AMKR	AMKOR TECHNOLOGY INC	$18.16	$10.65	70.59%	14.08x	15.42x	0.71x	1.08x	1.70x	$227.93M	5.08%	$4.16B	16.84	$4.66B	4.43
UCTT	ULTRA CLEAN HOLDINGS INC	$20.03	$8.75	128.80%	31.30x	27.44x	0.42x	1.04x	1.30x	$25.40M	2.81%	$872.00M	19.34	$1.23B	6.90
INTT	INTEST CORP	$6.10	N/A	N/A	N/A	N/A	0.58x	0.77x	N/A	$6.07M	8.16%	$99.40M	8.16	$76.64M	11.63
STAI	SCANTECH AI SYSTEMS INC	$1.42	$5.93	-76.04%	6.76x	N/A	N/A	-10.13x	0.10x	-$376.11k	-5.92%	-$627.01k	-0.14	$6.60M	3.77
ATOM	ATOMERA INC	$6.44	N/A	N/A	-9.76x	N/A	1,610.00x	8.49x	N/A	-$13.89M	-7.13%	$23.28M	0.77	$175.22M	-10.08
IPGP	IPG PHOTONICS CORP	$60.15	N/A	N/A	-12.91x	53.04x	2.69x	1.24x	N/A	$114.95M	4.49%	$2.06B	48.36	$2.20B	-13.47
AEHR	AEHR TEST SYSTEMS	$8.45	N/A	N/A	10.56x	N/A	4.09x	2.03x	N/A	-$6.09M	-2.43%	$124.21M	4.18	$228.60M	50.15
INDI	INDIE SEMICONDUCTOR INC	$2.33	N/A	N/A	-3.07x	-5.34x	1.88x	1.16x	N/A	-$74.66M	-18.33%	$417.89M	2.39	$596.84M	-7.26
DQ	DAQO NEW ENERGY CORP	$13.10	N/A	N/A	N/A	-4.24x	1.19x	0.20x	N/A	-$594.44M	-67.98%	$4.33B	64.86	$82.52M	N/A
AXTI	AXT INC	$1.25	N/A	N/A	-4.63x	-2.39x	0.54x	0.30x	N/A	-$17.88M	-33.12%	$192.77M	4.47	$72.43M	-423.55
SMTK	SMARTKEM INC	$2.23	N/A	N/A	-0.37x	N/A	89.20x	1.22x	N/A	-$8.17M	-112.38%	$6.59M	2.02	$1.00M	-0.10
TRT	TRIO-TECH INTERNATIONAL	$5.59	N/A	N/A	39.89x	N/A	0.62x	0.75x	N/A	$1.15M	4.82%	$31.84M	7.49	$15.45M	3.81

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 -33.69% over the past year, underperforming other semiconductor equipment stocks by -10 percentage points.

Photronics has an average 1 year price target of $35.00, an upside of 79.95% from Photronics's current stock price of $19.45.

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. Amtech Systems (NASDAQ:ASYS)

Amtech Systems (NASDAQ:ASYS) 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 Amtech Systems (NASDAQ:ASYS) is: Value: C, Growth: B, Momentum: D, Sentiment: C, Safety: C, Financials: C, and AI: C.

Amtech Systems (NASDAQ:ASYS) has a Due Diligence Score of 21, which is -18 points lower than the semiconductor equipment industry average of 39. Although this number is below the industry average, our proven quant model rates ASYS as a "B".

ASYS passed 6 out of 33 due diligence checks and has weak fundamentals. Amtech Systems has seen its stock lose -34.54% over the past year, underperforming other semiconductor equipment stocks by -11 percentage points.

3. Kla (NASDAQ:KLAC)

Kla (NASDAQ:KLAC) is the #3 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: A.

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 lose -1.33% over the past year, overperforming other semiconductor equipment stocks by 22 percentage points.

Kla has an average 1 year price target of $784.38, an upside of 11.86% from Kla's current stock price of $701.20.

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.

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 1.33%. 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 4.01%, which is 3 percentage points higher than the semiconductor equipment industry average of 1.33%. 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 1.9%, which is 1 percentage points higher than the semiconductor equipment industry average of 1.33%. 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 down?

Semiconductor equipment stocks were down -1.86% in the last day, and down -1.62% over the last week. Onto Innovation was the among the top losers in the semiconductor equipment & materials industry, dropping -30.21% yesterday.

Onto Innovation shares are trading lower after the company reported Q1 financial results and issued Q2 guidance below estimates.

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 41 points higher than the semiconductor equipment industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Photronics's stock has dropped -33.69% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -10 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 13 points higher than the semiconductor equipment industry average of 30. It passed 3 out of 7 valuation due diligence checks.

Acm Research's stock has dropped -12.26% in the past year. It has overperformed other stocks in the semiconductor equipment industry by 11 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 13 points higher than the semiconductor equipment industry average of 30. It passed 3 out of 7 valuation due diligence checks.

Amkor Technology's stock has dropped -44.35% in the past year. It has underperformed other stocks in the semiconductor equipment industry by -21 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 31.85% over the next year.

0% of semiconductor equipment stocks have a Zen Rating of A (Strong Buy), 10.71% of semiconductor equipment stocks are rated B (Buy), 60.71% are rated C (Hold), 17.86% 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 24.72x.

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. Amtech Systems (NASDAQ:ASYS)

3. Kla (NASDAQ:KLAC)

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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