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Best Semiconductor Stocks to Buy Now (2026)

Top semiconductor stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best semiconductor stocks to buy now. Learn More.

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 stocks to buy right now are:

Micron Technology (NASDAQ:MU) is the #1 top semiconductor stock out of 70 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Micron Technology (NASDAQ:MU) is: Value: A, Growth: A, Momentum: A, Sentiment: A, Safety: D, Financials: A, and AI: C.

Micron Technology (NASDAQ:MU) has a Due Diligence Score of 73, which is 37 points higher than the semiconductor industry average of 36.

MU passed 29 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 652.88% over the past year, overperforming other semiconductor stocks by 547 percentage points.

Micron Technology has an average 1 year price target of $1,421.40, an upside of 57.19% from Micron Technology's current stock price of $904.28.

Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Micron Technology, 64% have issued a Strong Buy rating, 28% have issued a Buy, 8% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Sk Hynix (NASDAQ:SKHY) is the #2 top semiconductor stock out of 70 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

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

Sk Hynix (NASDAQ:SKHY) has a Due Diligence Score of 11, which is -25 points lower than the semiconductor industry average of 36. Although this number is below the industry average, our proven quant model rates SKHY as a "A".

SKHY passed 3 out of 33 due diligence checks and has weak fundamentals.

Sk Hynix has an average 1 year price target of $330.00, an upside of 87.01% from Sk Hynix's current stock price of $176.46.

Sk Hynix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Sk Hynix, 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.

Microchip Technology (NASDAQ:MCHP) is the #3 top semiconductor stock out of 70 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year. Learn more.

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

Microchip Technology (NASDAQ:MCHP) has a Due Diligence Score of 35, which is -1 points lower than the semiconductor industry average of 36. Although this number is below the industry average, our proven quant model rates MCHP as a "B".

MCHP passed 13 out of 38 due diligence checks and has average fundamentals. Microchip Technology has seen its stock return 17.99% over the past year, underperforming other semiconductor stocks by -88 percentage points.

Microchip Technology has an average 1 year price target of $107.44, an upside of 24.55% from Microchip Technology's current stock price of $86.26.

Microchip Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Microchip Technology, 50% have issued a Strong Buy rating, 18.75% have issued a Buy, 31.25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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

Skyworks Solutions (NASDAQ:SWKS) has an annual dividend yield of 4.94%, which is 4 percentage points higher than the semiconductor industry average of 1.32%. Skyworks Solutions's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Skyworks Solutions's dividend has shown consistent growth over the last 10 years.

Skyworks Solutions's dividend payout ratio of 117.4% indicates that its high dividend yield might not be sustainable for the long-term.

Nve (NASDAQ:NVEC) has an annual dividend yield of 4.52%, which is 3 percentage points higher than the semiconductor industry average of 1.32%. Nve's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Nve's dividend has not shown consistent growth over the last 10 years.

Nve's dividend payout ratio of 127.4% indicates that its high dividend yield might not be sustainable for the long-term.

Microchip Technology (NASDAQ:MCHP) has an annual dividend yield of 2.11%, which is 1 percentage points higher than the semiconductor industry average of 1.32%. Microchip Technology's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Microchip Technology's dividend has shown consistent growth over the last 10 years.

Microchip Technology's dividend payout ratio of 827.3% indicates that its dividend yield might not be sustainable for the long-term.

Semiconductor stocks were down -2.6% in the last day, and down -1.06% over the last week. Micron Technology was the among the top losers in the semiconductors industry, dropping -8.02% yesterday.

Shares of memory-related companies are trading lower after reports suggesting that a U.S. House Committee has urged the Trump administration to ban Chinese memory chips, which may prove disruptive to established supply chains. The industry may be weighed down by Taiwan Semiconductor's Q2 results due to rising capital expenditure plans.

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 stocks right now are:

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

Qorvo has a valuation score of 57, which is 40 points higher than the semiconductor industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Qorvo's stock has dropped -4.13% in the past year. It has underperformed other stocks in the semiconductor industry by -110 percentage points.

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

Sk Hynix has a valuation score of 0, which is -17 points higher than the semiconductor industry average of 17. It passed 0 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates SKHY a Valuation Rating of "A".

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

Micron Technology has a valuation score of 43, which is 26 points higher than the semiconductor industry average of 17. It passed 3 out of 7 valuation due diligence checks.

Micron Technology's stock has gained 652.88% in the past year. It has overperformed other stocks in the semiconductor industry by 547 percentage points.

57.14% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to rise by 19.85% over the next year.

3.13% of semiconductor stocks have a Zen Rating of A (Strong Buy), 34.38% of semiconductor stocks are rated B (Buy), 46.88% are rated C (Hold), 9.38% are rated D (Sell), and 6.25% are rated F (Strong Sell).