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Best Semiconductor Stocks to Buy Now (2022)
Top semiconductor stocks in 2022 ranked by overall Zen Score. See the best semiconductor stocks to buy now, according to analyst forecasts for the semiconductors industry.

Industry: Semiconductors
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
NYSE
Semiconductors
$383.10B$73.87-2.33%$43.55B15.16x0.74
ONTO
ONTO INNOVATION INC
NYSE
Semiconductors
$3.28B$66.080.75%$275.24M17.34x0.15
SYNA
SYNAPTICS INC
NASDAQ
Semiconductors
$4.00B$100.95-0.05%$499.80M15.30x1.26
SIMO
SILICON MOTION TECHNOLOGY CORP
NASDAQ
Semiconductors
$2.41B$68.84-1.71%$264.42M12.03x0.48
DIOD
DIODES INC
NASDAQ
Semiconductors
$2.88B$63.24-2.03%$505.59M9.94x0.64
IMOS
CHIPMOS TECHNOLOGIES INC
NASDAQ
Semiconductors
$711.24M$19.56-2.15%$376.34M4.13x0.76
SGH
SMART GLOBAL HOLDINGS INC
NASDAQ
Semiconductors
$813.36M$16.27-3.04%$190.08M11.92x2.94
AMD
ADVANCED MICRO DEVICES INC
NASDAQ
Semiconductors
$109.71B$67.96-2.22%$5.74B28.20x0.22
SLAB
SILICON LABORATORIES INC
NASDAQ
Semiconductors
$4.21B$122.94-0.07%$2.18B2.43x0.51
SMTC
SEMTECH CORP
NASDAQ
Semiconductors
$1.90B$29.85-0.50%$228.71M12.09x0.50
LSCC
LATTICE SEMICONDUCTOR CORP
NASDAQ
Semiconductors
$6.67B$48.59-1.54%$174.58M49.08x0.69
MXL
MAXLINEAR INC
NYSE
Semiconductors
$2.58B$32.94-0.90%$239.16M24.58x1.07
VSH
VISHAY INTERTECHNOLOGY INC
NYSE
Semiconductors
$2.60B$18.18-1.25%$694.49M7.54x0.94
ON
ON SEMICONDUCTOR CORP
NASDAQ
Semiconductors
$27.43B$63.31-2.54%$2.70B15.91x1.00
TSEM
TOWER SEMICONDUCTOR LTD
NASDAQ
Semiconductors
$6.20B$43.67-1.44%$511.47M30.37x0.37
AOSL
ALPHA & OMEGA SEMICONDUCTOR LTD
NASDAQ
Semiconductors
$853.97M$31.17-4.12%$539.19M1.84x0.52
QCOM
QUALCOMM INC
NASDAQ
Semiconductors
$136.10B$121.19-2.01%$16.99B10.61x1.93
UMC
UNITED MICROELECTRONICS CORP
NYSE
Semiconductors
$14.76B$5.91-1.83%$4.27B6.19x0.77
ADI
ANALOG DEVICES INC
NASDAQ
Semiconductors
$73.00B$141.92-2.35%$4.29B41.50x0.37
GFS
GLOBALFOUNDRIES INC
NASDAQ
Semiconductors
$28.76B$53.25-2.93%$2.35B56.65x0.88
NXPI
NXP SEMICONDUCTORS NV
NASDAQ
Semiconductors
$40.16B$152.94-1.41%$4.51B16.53x2.20
MPWR
MONOLITHIC POWER SYSTEMS INC
NASDAQ
Semiconductors
$17.37B$371.24-2.74%$426.91M51.21x0.26
AVGO
BROADCOM INC
NASDAQ
Semiconductors
$189.82B$468.68-1.87%$18.02B19.51x2.42
QRVO
QORVO INC
NASDAQ
Semiconductors
$8.50B$82.320.43%$1.38B11.02x0.71
ALGM
ALLEGRO MICROSYSTEMS INC
NASDAQ
Semiconductors
$4.13B$21.60-1.73%$169.98M40.75x0.21
SWKS
SKYWORKS SOLUTIONS INC
NASDAQ
Semiconductors
$15.14B$94.34-1.37%$2.14B11.91x0.64
MCHP
MICROCHIP TECHNOLOGY INC
NASDAQ
Semiconductors
$34.35B$62.18-1.78%$3.20B22.29x1.71
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
NASDAQ
Semiconductors
$3.68B$52.53-1.59%$294.89M16.84x1.24
TXN
TEXAS INSTRUMENTS INC
NASDAQ
Semiconductors
$147.37B$161.29-0.82%$11.06B17.44x0.75
NVEC
NVE CORP
NASDAQ
Semiconductors
$230.96M$47.81-1.63%$18.47M15.32x0.02
STM
STMICROELECTRONICS NV
NYSE
Semiconductors
$30.32B$33.27-2.97%$4.42B10.63x0.69
FORM
FORMFACTOR INC
NASDAQ
Semiconductors
$2.02B$26.190.96%$168.52M19.26x0.26
MU
MICRON TECHNOLOGY INC
NASDAQ
Semiconductors
$55.27B$50.100.89%$18.02B5.65x0.33
ASX
ASE TECHNOLOGY HOLDING CO LTD
NYSE
Semiconductors
$4.61B$5.29-3.11%N/A1.85x1.65
INTC
INTEL CORP
NASDAQ
Semiconductors
$113.00B$27.52-1.96%$32.69B5.87x0.68
CRUS
CIRRUS LOGIC INC
NASDAQ
Semiconductors
$4.22B$75.52-1.82%$471.71M12.36x0.32
NVDA
NVIDIA CORP
NASDAQ
Semiconductors
$311.65B$125.16-0.36%$9.36B40.37x0.82
AMKR
AMKOR TECHNOLOGY INC
NASDAQ
Semiconductors
$4.18B$17.07-3.18%$1.42B6.01x0.99
SITM
SITIME CORP
NASDAQ
Semiconductors
$1.73B$81.341.22%$62.60M30.58x0.08
POWI
POWER INTEGRATIONS INC
NASDAQ
Semiconductors
$3.74B$65.45-0.46%$238.85M20.91x0.14
OIIM
O2MICRO INTERNATIONAL LTD
NASDAQ
Semiconductors
$96.31M$3.38-2.03%$17.43M6.76x0.19
MRAM
EVERSPIN TECHNOLOGIES INC
NASDAQ
Semiconductors
$123.80M$6.14-0.16%$9.66M14.62x0.38
CEVA
CEVA INC
NASDAQ
Semiconductors
$616.57M$26.54-2.14%$12.00M663.50x0.17
HIMX
HIMAX TECHNOLOGIES INC
NASDAQ
Semiconductors
$894.15M$5.13-1.54%$583.56MN/A1.13
NVTS
NAVITAS SEMICONDUCTOR CORP
NASDAQ
Semiconductors
$599.59M$4.77-2.45%-$11.24M-3.10x0.16
VLN
VALENS SEMICONDUCTOR LTD
NYSE
Semiconductors
$385.65M$3.93-7.75%-$25.32M-3.36x0.13
RMBS
RAMBUS INC
NASDAQ
Semiconductors
$2.72B$24.63-1.24%$35.97M-129.63x0.33
AIP
ARTERIS INC
NASDAQ
Semiconductors
$227.48M$6.961.02%-$22.12M-7.65x1.65
PRSO
PERASO INC
NASDAQ
Semiconductors
$38.43M$1.76-3.30%-$16.15M-0.84x0.19
MX
MAGNACHIP SEMICONDUCTOR CORP
NYSE
Semiconductors
$471.04M$10.49-1.87%$103.22M6.72x0.29
GSIT
GSI TECHNOLOGY INC
NASDAQ
Semiconductors
$63.84M$2.60-4.06%-$14.54M-3.94x0.17
AAOI
APPLIED OPTOELECTRONICS INC
NASDAQ
Semiconductors
$79.47M$2.85-5.32%-$30.73M-1.29x0.98
WISA
WISA TECHNOLOGIES INC
NASDAQ
Semiconductors
$9.13M$0.545.47%-$13.04M-0.62x0.30
MRVL
MARVELL TECHNOLOGY INC
NASDAQ
Semiconductors
$36.91B$43.29-0.53%$1.54B-173.16x0.43
WOLF
WOLFSPEED INC
NYSE
Semiconductors
$13.67B$110.190.33%-$62.10M-65.98x0.61
QUIK
QUICKLOGIC CORP
NASDAQ
Semiconductors
$79.45M$6.311.12%-$3.82M-16.61x2.00
LASR
NLIGHT INC
NASDAQ
Semiconductors
$442.39M$9.81-2.58%-$15.55M-12.42x0.23
LEDS
SEMILEDS CORP
NASDAQ
Semiconductors
$10.28M$2.27-7.69%-$2.21M-2.87x3.76
POET
POET TECHNOLOGIES INC
NASDAQ
Semiconductors
$110.08M$3.00-8.81%-$16.62M-6.82x0.11
EMKR
EMCORE CORP
NASDAQ
Semiconductors
$67.21M$1.79-2.72%$2.32M-29.83x0.45
PXLW
PIXELWORKS INC
NASDAQ
Semiconductors
$88.56M$1.63-0.61%-$12.34M-5.09x0.91
SQNS
SEQUANS COMMUNICATIONS
NYSE
Semiconductors
$179.67M$3.76-1.05%$12.68MN/A14.89
INTT
INTEST CORP
NYSEMKT
Semiconductors
$84.31M$7.65-3.03%$10.21M15.61x0.82
WKEY
WISEKEY INTERNATIONAL HOLDING SA
NASDAQ
Semiconductors
$20.98M$1.50-9.09%N/AN/A0.56
RKLY
ROCKLEY PHOTONICS HOLDINGS LTD
NYSE
Semiconductors
$114.35M$0.88-1.23%-$218.83M-0.49x-3.55
SKYT
SKYWATER TECHNOLOGY INC
NASDAQ
Semiconductors
$295.72M$7.31-4.82%-$41.45M-3.81x6.29
NA
NANO LABS LTD
NASDAQ
Semiconductors
$212.84M$3.971.82%N/AN/A7.69
ASTI
ASCENT SOLAR TECHNOLOGIES INC
NASDAQ
Semiconductors
$175.82M$5.33-0.17%-$9.55M-2.93x-35.06

Semiconductor Stocks FAQ

What are the best semiconductor stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best semiconductor stocks to buy right now are:

1. Taiwan Semiconductor Manufacturing Co (NYSE:TSM)


Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is the top semiconductor stock with a Zen Score of 71, which is 26 points higher than the semiconductor industry average of 45. It passed 28 out of 38 due diligence checks and has strong fundamentals. Taiwan Semiconductor Manufacturing Co has seen its stock lose -36.42% over the past year, underperforming other semiconductor stocks by -6 percentage points.

Taiwan Semiconductor Manufacturing Co has an average 1 year price target of $126.00, an upside of 70.57% from Taiwan Semiconductor Manufacturing Co's current stock price of $73.87.

Taiwan Semiconductor Manufacturing Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Taiwan Semiconductor Manufacturing Co, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Onto Innovation (NYSE:ONTO)


Onto Innovation (NYSE:ONTO) is the second best semiconductor stock with a Zen Score of 69, which is 24 points higher than the semiconductor industry average of 45. It passed 22 out of 33 due diligence checks and has strong fundamentals. Onto Innovation has seen its stock lose -15.38% over the past year, overperforming other semiconductor stocks by 15 percentage points.

Onto Innovation has an average 1 year price target of $102.50, an upside of 55.12% from Onto Innovation's current stock price of $66.08.

Onto Innovation stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Onto Innovation, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Synaptics (NASDAQ:SYNA)


Synaptics (NASDAQ:SYNA) is the third best semiconductor stock with a Zen Score of 68, which is 23 points higher than the semiconductor industry average of 45. It passed 22 out of 33 due diligence checks and has strong fundamentals. Synaptics has seen its stock lose -46.08% over the past year, underperforming other semiconductor stocks by -16 percentage points.

Synaptics has an average 1 year price target of $221.43, an upside of 119.35% from Synaptics's current stock price of $100.95.

Synaptics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Synaptics, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the semiconductor stocks with highest dividends?

Out of 22 semiconductor stocks that have issued dividends in the past year, the 3 semiconductor stocks with the highest dividend yields are:

1. Himax Technologies (NASDAQ:HIMX)


Himax Technologies (NASDAQ:HIMX) has an annual dividend yield of 24.37%, which is 20 percentage points higher than the semiconductor industry average of 4.07%. Himax Technologies's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Himax Technologies's dividend has shown consistent growth over the last 10 years.

2. Chipmos Technologies (NASDAQ:IMOS)


Chipmos Technologies (NASDAQ:IMOS) has an annual dividend yield of 14.93%, which is 11 percentage points higher than the semiconductor industry average of 4.07%. Chipmos Technologies's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Chipmos Technologies's dividend has shown consistent growth over the last 10 years.

Chipmos Technologies's dividend payout ratio of 33.1% indicates that its high dividend yield is sustainable for the long-term.

3. Nve (NASDAQ:NVEC)


Nve (NASDAQ:NVEC) has an annual dividend yield of 8.37%, which is 4 percentage points higher than the semiconductor industry average of 4.07%. Nve's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Nve's dividend has not shown consistent growth over the last 10 years.

Nve's dividend payout ratio of 128.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are semiconductor stocks down?

Semiconductor stocks were down -1.46% in the last day, and down -6.04% over the last week. Valens Semiconductor was the among the top losers in the semiconductors industry, dropping -7.75% yesterday.

Shares of several companies in the broader tech sector are trading lower amid a rise in treasury yields as traders continue to assess Wednesday's Fed commentary and 75 bps rate hike. Rising rates decrease the present value of future cash flows, which negatively impacts growth stock valuations.

What are the most undervalued semiconductor stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued semiconductor stocks right now are:

1. Chipmos Technologies (NASDAQ:IMOS)


Chipmos Technologies (NASDAQ:IMOS) is the most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Chipmos Technologies has a valuation score of 100, which is 54 points higher than the semiconductor industry average of 46. It passed 7 out of 7 valuation due diligence checks.

Chipmos Technologies's stock has dropped -48.46% in the past year. It has underperformed other stocks in the semiconductor industry by -18 percentage points.

2. Smart Global Holdings (NASDAQ:SGH)


Smart Global Holdings (NASDAQ:SGH) is the second most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Smart Global Holdings has a valuation score of 100, which is 54 points higher than the semiconductor industry average of 46. It passed 7 out of 7 valuation due diligence checks.

Smart Global Holdings's stock has dropped -34.09% in the past year. It has underperformed other stocks in the semiconductor industry by -4 percentage points.

3. Skyworks Solutions (NASDAQ:SWKS)


Skyworks Solutions (NASDAQ:SWKS) is the third most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Skyworks Solutions has a valuation score of 86, which is 40 points higher than the semiconductor industry average of 46. It passed 6 out of 7 valuation due diligence checks.

Skyworks Solutions's stock has dropped -45.58% in the past year. It has underperformed other stocks in the semiconductor industry by -15 percentage points.

Are semiconductor stocks a good buy now?

48.39% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to rise by 54.99% over the next year.

What is the average p/e ratio of the semiconductors industry?

The average P/E ratio of the semiconductors industry is 17.36x.
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.