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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
UMC
UNITED MICROELECTRONICS CORP
$18.35B$7.35N/AN/AStrong Buy118.81%48.24%130.92%81.87%
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
$445.59B$85.92$131.6753.24%Buy431.56%37.81%207.23%120.13%
ONTO
ONTO INNOVATION INC
$3.63B$73.35$102.5039.74%Strong Buy213.64%48.28%19.05%16.28%
DIOD
DIODES INC
$3.00B$66.40$100.0050.60%Hold14.87%18.87%24.79%14.86%
AMD
ADVANCED MICRO DEVICES INC
$141.11B$87.08$133.4753.28%Strong Buy1919.13%22.87%N/AN/A
QCOM
QUALCOMM INC
$140.11B$125.10$185.8848.58%Strong Buy1710.70%9.55%102.61%30.87%
ALGM
ALLEGRO MICROSYSTEMS INC
$4.08B$21.43$35.3364.88%Strong Buy715.23%27.86%26.72%21.98%
ON
ON SEMICONDUCTOR CORP
$23.02B$52.97$68.3929.10%Buy146.18%14.80%57.46%28.12%
SLAB
SILICON LABORATORIES INC
$5.31B$145.08$191.2931.85%Buy718.19%-59.67%10.06%7.10%
IMOS
CHIPMOS TECHNOLOGIES INC
$1.14B$31.47N/AN/AN/AN/AN/AN/AN/AN/A
QRVO
QORVO INC
$10.38B$97.87$147.3550.56%Buy204.13%11.90%30.32%18.38%
MU
MICRON TECHNOLOGY INC
$65.26B$58.44$105.2880.15%Strong Buy198.77%18.06%11.04%8.29%
SIMO
SILICON MOTION TECHNOLOGY CORP
$2.86B$81.71$105.3328.91%Strong Buy414.29%8.87%N/AN/A
MPWR
MONOLITHIC POWER SYSTEMS INC
$19.56B$419.41$560.2933.59%Strong Buy724.61%34.09%N/AN/A
TSEM
TOWER SEMICONDUCTOR LTD
$6.56B$46.74$45.50-2.65%Buy28.19%65.07%16.28%11.89%
NXPI
NXP SEMICONDUCTORS NV
$41.83B$159.32$222.4039.59%Buy159.15%27.04%61.72%18.84%
LSCC
LATTICE SEMICONDUCTOR CORP
$7.16B$52.01$76.2546.61%Strong Buy415.31%42.17%47.99%28.06%
ADI
ANALOG DEVICES INC
$77.81B$149.69$200.5033.94%Strong Buy1210.23%46.42%16.15%11.80%
SGH
SMART GLOBAL HOLDINGS INC
$1.05B$21.14$45.00112.87%Strong Buy33.93%98.98%N/AN/A
TXN
TEXAS INSTRUMENTS INC
$143.81B$155.95$192.2523.28%Hold162.50%0.14%67.30%37.32%
AOSL
ALPHA & OMEGA SEMICONDUCTOR LTD
$921.68M$34.05$48.5042.44%Buy21.71%-80.13%12.01%8.22%
VSH
VISHAY INTERTECHNOLOGY INC
$2.58B$17.91$21.6720.97%Hold33.95%18.06%18.75%9.49%
AVGO
BROADCOM INC
$205.58B$509.09$675.1332.61%Strong Buy186.94%24.65%N/AN/A
SYNA
SYNAPTICS INC
$5.10B$128.78$256.2598.98%Strong Buy99.24%123.95%39.65%17.01%
NVDA
NVIDIA CORP
$428.15B$171.26$272.2958.99%Strong Buy2913.24%16.84%58.70%34.17%
EMKR
EMCORE CORP
$129.45M$3.45$4.5030.43%Hold1N/AN/A3.76%2.79%
MCHP
MICROCHIP TECHNOLOGY INC
$33.59B$60.58$101.9468.28%Strong Buy186.47%31.85%48.16%17.53%
STM
STMICROELECTRONICS NV
$30.84B$33.84$62.0083.22%Hold39.11%13.87%33.32%20.05%
MXL
MAXLINEAR INC
$2.70B$34.88$61.5076.32%Strong Buy412.56%95.97%N/AN/A
FORM
FORMFACTOR INC
$3.09B$39.61$47.7520.55%Strong Buy45.64%31.67%16.14%12.93%
SMTC
SEMTECH CORP
$3.64B$57.34$79.4038.47%Buy58.43%18.36%26.26%17.29%
INTC
INTEL CORP
$157.88B$38.61$55.5843.96%Hold140.63%-22.09%15.42%9.02%
SWKS
SKYWORKS SOLUTIONS INC
$15.78B$98.03$158.8562.04%Buy134.48%12.73%33.31%20.31%
CRUS
CIRRUS LOGIC INC
$4.08B$72.64$100.4038.22%Buy54.86%-1.95%19.22%14.48%
NVEC
NVE CORP
$231.93M$48.01N/AN/AN/AN/AN/AN/AN/AN/A
AMKR
AMKOR TECHNOLOGY INC
$4.23B$17.29$27.0056.16%Hold1-8.70%-29.82%17.39%8.65%
MRAM
EVERSPIN TECHNOLOGIES INC
$111.59M$5.57$9.0061.58%Strong Buy1N/AN/AN/AN/A
OIIM
O2MICRO INTERNATIONAL LTD
$113.13M$3.97$18.67370.18%Strong Buy2-5.23%-52.00%587.18%493.61%
CEVA
CEVA INC
$799.47M$34.45$60.0074.17%Strong Buy18.79%80.00%2.84%2.36%
POWI
POWER INTEGRATIONS INC
$4.43B$76.01$106.3339.89%Strong Buy39.06%8.20%N/AN/A
ASX
ASE TECHNOLOGY HOLDING CO LTD
$5.47B$6.28$8.8040.13%Strong Buy1N/A-67.72%47.61%16.99%
RMBS
RAMBUS INC
$2.40B$21.74$31.2543.74%Strong Buy428.06%N/AN/AN/A
NVTS
NAVITAS SEMICONDUCTOR CORP
$585.06M$4.73$15.50227.70%Strong Buy6132.88%N/A6.81%4.74%
WISA
WISA TECHNOLOGIES INC
$13.51M$0.80$4.25431.25%Strong Buy242.76%N/A-78.01%-59.69%
MX
MAGNACHIP SEMICONDUCTOR CORP
$676.11M$15.06$25.0066.00%Buy1-0.11%-58.90%12.85%10.08%
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
$3.47B$49.68$74.1449.24%Strong Buy76.13%-23.61%31.14%13.42%
PXLW
PIXELWORKS INC
$101.52M$1.88$7.50298.94%Strong Buy223.44%N/A-11.76%-4.30%
HIMX
HIMAX TECHNOLOGIES INC
$1.57B$8.99$12.4037.93%Buy2N/AN/AN/AN/A
SITM
SITIME CORP
$3.90B$185.50$280.0050.94%Strong Buy59.10%12.56%N/AN/A
VLN
VALENS SEMICONDUCTOR LTD
$331.67M$3.38$13.40296.45%Strong Buy529.41%N/A20.72%18.26%
AAOI
APPLIED OPTOELECTRONICS INC
$51.40M$1.86$4.25128.49%Sell221.62%N/AN/AN/A
LASR
NLIGHT INC
$506.55M$11.37$33.00190.24%Strong Buy48.15%N/AN/AN/A
QUIK
QUICKLOGIC CORP
$105.86M$8.54$10.0017.10%Strong Buy227.80%N/A-11.26%-3.75%
LEDS
SEMILEDS CORP
$12.64M$2.80N/AN/AN/AN/AN/AN/AN/AN/A
INTT
INTEST CORP
$75.17M$6.83$20.00192.83%Buy1N/AN/AN/AN/A
WOLF
WOLFSPEED INC
$8.83B$71.40$111.7556.51%Buy1229.56%N/A12.21%7.78%
POET
POET TECHNOLOGIES INC
$191.89M$5.26$11.00109.21%Buy1521.71%N/A-65.98%-60.32%
GSIT
GSI TECHNOLOGY INC
$87.89M$3.59N/AN/AN/AN/AN/AN/AN/AN/A
SQNS
SEQUANS COMMUNICATIONS
$121.73M$2.61$5.0091.57%Strong Buy243.95%N/A2,339.30%190.04%
NPTN
NEOPHOTONICS CORP
$836.33M$15.64$16.002.30%Hold523.44%N/AN/AN/A
PRSO
PERASO INC
$42.78M$1.98$1.00-49.49%Strong Buy1N/AN/AN/AN/A
MRVL
MARVELL TECHNOLOGY INC
$40.98B$48.22$85.7577.83%Strong Buy2117.10%N/A16.49%11.57%
WKEY
WISEKEY INTERNATIONAL HOLDING SA
$32.77M$2.71$7.50176.75%Strong Buy2N/AN/AN/AN/A
RKLY
ROCKLEY PHOTONICS HOLDINGS LTD
$343.15M$2.66$10.25285.34%Buy4742.49%N/A303.77%166.49%
SKYT
SKYWATER TECHNOLOGY INC
$290.23M$7.20$14.3399.07%Buy323.47%N/A-84.49%-14.99%
AIP
ARTERIS INC
$250.40M$7.84$29.75279.46%Strong Buy4N/AN/A23.46%9.95%
GFS
GLOBALFOUNDRIES INC
$24.41B$45.89$79.8173.91%Strong Buy13N/AN/A21.00%10.94%

Semiconductor Stocks FAQ

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

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

1. UNITED MICROELECTRONICS (NYSE:UMC)


UNITED MICROELECTRONICS (NYSE:UMC) is the top semiconductor stock with a Zen Score of 73, which is 27 points higher than the semiconductor industry average of 46. It passed 28 out of 38 due diligence checks and has strong fundamentals. UNITED MICROELECTRONICS has seen its stock lose -22.96% over the past year, underperforming other semiconductor stocks by -12 percentage points.

UNITED MICROELECTRONICS stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering UNITED MICROELECTRONICS, 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. TAIWAN SEMICONDUCTOR MANUFACTURING (NYSE:TSM)


TAIWAN SEMICONDUCTOR MANUFACTURING (NYSE:TSM) is the second best semiconductor stock with a Zen Score of 70, which is 24 points higher than the semiconductor industry average of 46. It passed 27 out of 38 due diligence checks and has strong fundamentals. TAIWAN SEMICONDUCTOR MANUFACTURING has seen its stock lose -26.71% over the past year, underperforming other semiconductor stocks by -16 percentage points.

TAIWAN SEMICONDUCTOR MANUFACTURING has an average 1 year price target of $131.67, an upside of 53.24% from TAIWAN SEMICONDUCTOR MANUFACTURING's current stock price of $85.92.

TAIWAN SEMICONDUCTOR MANUFACTURING stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering TAIWAN SEMICONDUCTOR MANUFACTURING, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. DIODES (NASDAQ:DIOD)


DIODES (NASDAQ:DIOD) is the third best semiconductor stock with a Zen Score of 66, which is 20 points higher than the semiconductor industry average of 46. It passed 21 out of 33 due diligence checks and has strong fundamentals. DIODES has seen its stock lose -14.88% over the past year, underperforming other semiconductor stocks by -4 percentage points.

DIODES has an average 1 year price target of $100.00, an upside of 50.6% from DIODES's current stock price of $66.40.

DIODES stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering DIODES, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 23 semiconductor stocks that have issued dividends in the past year, the 3 semiconductor stocks with the highest dividend yields are:

1. NVE (NASDAQ:NVEC)


NVE (NASDAQ:NVEC) has an annual dividend yield of 8.33%, which is 6 percentage points higher than the semiconductor industry average of 2.38%. 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 133.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. CHIPMOS TECHNOLOGIES (NASDAQ:IMOS)


CHIPMOS TECHNOLOGIES (NASDAQ:IMOS) has an annual dividend yield of 4.98%, which is 3 percentage points higher than the semiconductor industry average of 2.38%. 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. UNITED MICROELECTRONICS (NYSE:UMC)


UNITED MICROELECTRONICS (NYSE:UMC) has an annual dividend yield of 3.88%, which is 2 percentage points higher than the semiconductor industry average of 2.38%. UNITED MICROELECTRONICS's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. UNITED MICROELECTRONICS's dividend has shown consistent growth over the last 10 years.

UNITED MICROELECTRONICS's dividend payout ratio of 33.5% indicates that its dividend yield is sustainable for the long-term.

Why are semiconductor stocks up?

Semiconductor stocks were up 4.12% in the last day, and up 4.87% over the last week. WISA TECHNOLOGIES was the among the top gainers in the semiconductors industry, gaining 32.89% yesterday.

Shares of several companies in the broader technology sector are trading higher as stocks rebound following steep losses in recent weeks. The tech sector has been under pressure amid Fed rate hike policy, which has weighed on 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 55 points higher than the semiconductor industry average of 45. It passed 7 out of 7 valuation due diligence checks.

CHIPMOS TECHNOLOGIES's stock has dropped -8.76% in the past year. It has overperformed other stocks in the semiconductor industry by 2 percentage points.

2. EMCORE (NASDAQ:EMKR)


EMCORE (NASDAQ:EMKR) is the second most undervalued semiconductor stock based on WallStreetZen's Valuation Score. EMCORE has a valuation score of 100, which is 55 points higher than the semiconductor industry average of 45. It passed 7 out of 7 valuation due diligence checks.

EMCORE's stock has dropped -66.63% in the past year. It has underperformed other stocks in the semiconductor industry by -55 percentage points.

3. QORVO (NASDAQ:QRVO)


QORVO (NASDAQ:QRVO) is the third most undervalued semiconductor stock based on WallStreetZen's Valuation Score. QORVO has a valuation score of 86, which is 41 points higher than the semiconductor industry average of 45. It passed 6 out of 7 valuation due diligence checks.

QORVO's stock has dropped -46.49% in the past year. It has underperformed other stocks in the semiconductor industry by -35 percentage points.

Are semiconductor stocks a good buy now?

58.73% of semiconductor stocks rated by analysts are a strong buy right now. On average, analysts expect semiconductor stocks to rise by 47.79% 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 23.28x.
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.