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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
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
$383.10B$73.87$126.0070.57%Buy324.23%29.28%203.18%116.71%
ONTO
ONTO INNOVATION INC
$3.28B$66.08$102.5055.12%Strong Buy28.96%38.32%18.60%16.13%
SYNA
SYNAPTICS INC
$4.00B$100.95$221.43119.35%Strong Buy85.50%32.46%36.24%16.06%
SIMO
SILICON MOTION TECHNOLOGY CORP
$2.41B$68.84$98.0042.36%Strong Buy311.07%16.32%N/AN/A
DIOD
DIODES INC
$2.88B$63.24$65.002.78%Hold12.49%12.42%24.10%14.27%
IMOS
CHIPMOS TECHNOLOGIES INC
$711.24M$19.56N/AN/AN/AN/AN/AN/AN/AN/A
SGH
SMART GLOBAL HOLDINGS INC
$813.36M$16.27$34.20110.20%Strong Buy52.79%N/AN/AN/A
AMD
ADVANCED MICRO DEVICES INC
$109.71B$67.96$124.9283.82%Strong Buy2614.22%25.78%N/AN/A
SLAB
SILICON LABORATORIES INC
$4.21B$122.94$173.8641.42%Buy814.14%-57.64%12.41%8.23%
SMTC
SEMTECH CORP
$1.90B$29.85$64.83117.20%Buy86.77%10.94%24.17%16.09%
LSCC
LATTICE SEMICONDUCTOR CORP
$6.67B$48.59$74.4053.12%Strong Buy510.48%33.33%51.35%30.36%
MXL
MAXLINEAR INC
$2.58B$32.94$55.0066.97%Strong Buy47.76%60.46%N/AN/A
VSH
VISHAY INTERTECHNOLOGY INC
$2.60B$18.18$21.6719.17%Hold33.10%22.82%18.80%9.70%
ON
ON SEMICONDUCTOR CORP
$27.43B$63.31$73.0515.38%Strong Buy204.83%9.07%56.35%28.15%
TSEM
TOWER SEMICONDUCTOR LTD
$6.20B$43.67$45.504.19%Buy23.44%48.82%14.59%10.71%
AOSL
ALPHA & OMEGA SEMICONDUCTOR LTD
$853.97M$31.17$51.0063.62%Buy26.73%-51.21%12.93%8.50%
QCOM
QUALCOMM INC
$136.10B$121.19$178.0046.88%Strong Buy184.83%0.63%88.03%30.05%
UMC
UNITED MICROELECTRONICS CORP
$14.76B$5.91N/AN/AHold318.71%27.75%132.37%74.93%
ADI
ANALOG DEVICES INC
$73.00B$141.92$195.9138.04%Buy125.15%42.76%16.13%11.74%
GFS
GLOBALFOUNDRIES INC
$28.76B$53.25$73.2837.62%Buy166.97%69.91%20.14%10.71%
NXPI
NXP SEMICONDUCTORS NV
$40.16B$152.94$208.0636.04%Buy165.20%17.07%51.30%15.85%
MPWR
MONOLITHIC POWER SYSTEMS INC
$17.37B$371.24$560.7151.04%Strong Buy719.20%25.45%N/AN/A
AVGO
BROADCOM INC
$189.82B$468.68$674.8843.99%Strong Buy174.65%19.26%N/AN/A
QRVO
QORVO INC
$8.50B$82.32$130.0557.98%Buy233.01%19.82%30.33%17.80%
ALGM
ALLEGRO MICROSYSTEMS INC
$4.13B$21.60$32.5050.46%Strong Buy613.25%40.75%26.35%21.69%
SWKS
SKYWORKS SOLUTIONS INC
$15.14B$94.34$143.5652.18%Buy162.34%13.48%32.64%19.87%
MCHP
MICROCHIP TECHNOLOGY INC
$34.35B$62.18$88.8942.95%Strong Buy184.53%24.47%47.69%17.59%
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
$3.68B$52.53$73.7140.33%Strong Buy77.36%-10.31%25.85%11.55%
TXN
TEXAS INSTRUMENTS INC
$147.37B$161.29$183.3613.68%Hold161.28%-1.95%64.51%36.77%
NVEC
NVE CORP
$230.96M$47.81N/AN/AN/AN/AN/AN/AN/AN/A
STM
STMICROELECTRONICS NV
$30.32B$33.27$62.0086.35%Buy27.11%9.78%32.57%19.15%
FORM
FORMFACTOR INC
$2.02B$26.19$45.5073.73%Strong Buy44.84%5.81%14.96%11.91%
MU
MICRON TECHNOLOGY INC
$55.27B$50.10$81.8863.42%Buy26-4.18%N/A8.66%6.54%
ASX
ASE TECHNOLOGY HOLDING CO LTD
$4.61B$5.29$8.1053.12%Hold1N/A-67.89%46.74%17.24%
INTC
INTEL CORP
$113.00B$27.52$44.7662.65%Hold23-2.88%-25.12%12.49%7.42%
CRUS
CIRRUS LOGIC INC
$4.22B$75.52$96.7528.11%Buy43.39%-1.65%18.64%14.16%
NVDA
NVIDIA CORP
$311.65B$125.16$228.2182.33%Strong Buy308.62%19.27%51.89%28.46%
AMKR
AMKOR TECHNOLOGY INC
$4.18B$17.07$28.5066.96%Buy2-10.08%2.82%23.75%11.88%
SITM
SITIME CORP
$1.73B$81.34$245.00201.20%Buy5-0.02%-12.21%N/AN/A
POWI
POWER INTEGRATIONS INC
$3.74B$65.45$89.0035.98%Buy23.51%-1.62%N/AN/A
OIIM
O2MICRO INTERNATIONAL LTD
$96.31M$3.38$10.33205.71%Strong Buy2-21.17%N/A57.29%48.16%
MRAM
EVERSPIN TECHNOLOGIES INC
$123.80M$6.14$9.0046.58%Strong Buy1N/AN/AN/AN/A
CEVA
CEVA INC
$616.57M$26.54$60.00126.07%Strong Buy13.62%450.00%2.38%2.04%
HIMX
HIMAX TECHNOLOGIES INC
$894.15M$5.13$9.0075.44%Hold2N/AN/AN/AN/A
NVTS
NAVITAS SEMICONDUCTOR CORP
$599.59M$4.77$13.33179.52%Strong Buy6117.78%N/A5.09%4.39%
VLN
VALENS SEMICONDUCTOR LTD
$385.65M$3.93$12.00205.34%Strong Buy526.54%N/A21.53%19.00%
RMBS
RAMBUS INC
$2.72B$24.63$32.6732.63%Strong Buy323.24%N/AN/AN/A
AIP
ARTERIS INC
$227.48M$6.96$23.25234.05%Strong Buy420.97%N/A25.03%9.44%
PRSO
PERASO INC
$38.43M$1.76$1.00-43.18%Strong Buy173.34%N/A-13.35%-11.23%
MX
MAGNACHIP SEMICONDUCTOR CORP
$471.04M$10.49$25.00138.32%Buy1-18.69%-80.77%4.41%3.43%
GSIT
GSI TECHNOLOGY INC
$63.84M$2.60N/AN/AN/AN/AN/AN/AN/AN/A
AAOI
APPLIED OPTOELECTRONICS INC
$79.47M$2.85$5.3387.12%Hold318.14%N/AN/AN/A
WISA
WISA TECHNOLOGIES INC
$9.13M$0.54$2.00270.37%Buy1-11.64%N/A-108.06%-83.08%
MRVL
MARVELL TECHNOLOGY INC
$36.91B$43.29$78.1780.58%Strong Buy2414.03%N/A13.78%9.66%
WOLF
WOLFSPEED INC
$13.67B$110.19$115.945.22%Buy1739.15%N/A12.87%8.01%
QUIK
QUICKLOGIC CORP
$79.45M$6.31$11.0074.33%Strong Buy219.28%N/A-11.35%-3.78%
LASR
NLIGHT INC
$442.39M$9.81$33.00236.39%Strong Buy46.30%N/AN/AN/A
LEDS
SEMILEDS CORP
$10.28M$2.27N/AN/AN/AN/AN/AN/AN/AN/A
POET
POET TECHNOLOGIES INC
$110.08M$3.00$8.00166.67%Buy2294.97%N/A-125.55%-112.70%
EMKR
EMCORE CORP
$67.21M$1.79$4.50151.40%Hold2-15.94%N/A-13.21%-9.12%
PXLW
PIXELWORKS INC
$88.56M$1.63$5.00206.75%Buy15.50%N/A-32.51%-11.79%
SQNS
SEQUANS COMMUNICATIONS
$179.67M$3.76$6.0059.57%Strong Buy239.40%N/A3,189.36%200.76%
INTT
INTEST CORP
$84.31M$7.65$20.00161.44%Buy1N/AN/AN/AN/A
WKEY
WISEKEY INTERNATIONAL HOLDING SA
$20.98M$1.50$7.50400.00%Strong Buy2N/AN/AN/AN/A
RKLY
ROCKLEY PHOTONICS HOLDINGS LTD
$114.35M$0.88$7.00695.45%Buy5682.28%N/A-396.53%155.23%
SKYT
SKYWATER TECHNOLOGY INC
$295.72M$7.31$17.00132.56%Strong Buy419.91%N/A-92.59%-12.72%
NA
NANO LABS LTD
$212.84M$3.97N/AN/AN/AN/AN/AN/AN/AN/A
ASTI
ASCENT SOLAR TECHNOLOGIES INC
$175.82M$5.33N/AN/AN/AN/AN/AN/AN/AN/A

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.