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Best Semiconductor Stocks to Buy Now (2023)
Top semiconductor stocks in 2023 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
QCOM
QUALCOMM INC
$121.89B$38.58B$11.98B$8.62B$7.70-8.44%11.19%-32.57%N/A2023-10-31
SIMO
SILICON MOTION TECHNOLOGY CORP
$1.75B$945.92M$231.58M$172.51M$5.202.58%12.57%-9.09%19.66%2023-10-30
MPWR
MONOLITHIC POWER SYSTEMS INC
$21.64B$1.85B$579.46M$452.73M$9.6223.28%28.50%32.69%37.60%2023-10-25
UMC
UNITED MICROELECTRONICS CORP
$17.43B$7.93B$4.33B$2.51B$1.04-3.00%10.61%9.68%44.68%2023-10-25
AOSL
ALPHA & OMEGA SEMICONDUCTOR LTD
$790.13M$691.32M$62.60M$12.36M$0.45-11.09%10.40%-97.34%-5.59%2023-11-01
MXL
MAXLINEAR INC
$1.76B$1.01B$190.92M$64.67M$0.82-1.26%18.07%-38.81%N/A2023-10-23
VSH
VISHAY INTERTECHNOLOGY INC
$3.41B$3.54B$788.72M$419.67M$2.975.02%4.60%23.24%51.67%2023-10-31
DIOD
DIODES INC
$3.45B$1.95B$532.71M$331.61M$7.280.89%11.51%14.47%68.25%2023-11-06
POWI
POWER INTEGRATIONS INC
$4.52B$514.52M$131.46M$90.45M$1.59-28.10%3.55%-49.20%26.54%2023-10-31
ADI
ANALOG DEVICES INC
$87.74B$12.84B$6.63B$3.75B$7.4115.59%15.05%116.67%12.19%2023-11-20
LSCC
LATTICE SEMICONDUCTOR CORP
$11.66B$722.86M$252.01M$204.84M$1.5023.44%13.22%51.52%N/A2023-10-30
SWKS
SKYWORKS SOLUTIONS INC
$15.35B$4.96B$1.92B$1.04B$6.52-7.96%5.23%-17.68%5.45%2023-11-01
SLAB
SILICON LABORATORIES INC
$3.70B$1.02B$138.17M$71.28M$2.1814.41%4.38%-95.70%11.06%2023-10-24
SYNA
SYNAPTICS INC
$3.18B$1.36B$349.00M$73.60M$1.86-22.11%-3.63%-71.82%N/A2023-11-01
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
$452.72B$71.21B$50.18B$30.10B$5.8013.61%16.73%18.94%N/A2023-10-19
MCHP
MICROCHIP TECHNOLOGY INC
$41.76B$8.76B$4.27B$2.40B$4.3821.46%15.73%56.99%75.91%2023-11-01
MTSI
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
$5.51B$676.18M$181.09M$306.46M$4.373.67%2.92%40.06%N/A2023-11-01
RMBS
RAMBUS INC
$5.94B$468.21M$89.82M$189.05M$1.7319.06%9.03%N/AN/A2023-10-30
NXPI
NXP SEMICONDUCTORS NV
$50.26B$13.18B$4.88B$2.77B$10.656.71%6.98%15.14%30.08%2023-11-06
GFS
GLOBALFOUNDRIES INC
$31.70B$7.86B$3.13B$1.50B$2.755.09%N/A192.55%N/A
AVGO
BROADCOM INC
$342.81B$35.45B$20.49B$13.87B$33.4711.91%11.86%39.34%3.55%
NVDA
NVIDIA CORP
$1.04T$32.68B$12.93B$10.33B$4.189.90%22.44%34.84%18.66%2023-11-21
STM
STMICROELECTRONICS NV
$39.20B$17.32B$6.27B$4.39B$4.8622.51%13.74%55.27%32.72%2023-10-26
TXN
TEXAS INSTRUMENTS INC
$147.18B$18.82B$10.15B$7.69B$8.42-3.94%3.73%-8.97%13.60%2023-10-23
TSEM
TOWER SEMICONDUCTOR LTD
$2.85B$1.54B$584.22M$275.05M$2.50-6.26%2.56%33.69%-1.74%2023-11-13
ON
ON SEMICONDUCTOR CORP
$40.06B$8.35B$3.06B$1.96B$4.539.61%8.31%13.82%15.54%2023-10-30
CRUS
CIRRUS LOGIC INC
$3.94B$1.82B$289.95M$152.60M$2.76-4.05%4.43%-54.83%8.80%2023-10-30
ALGM
ALLEGRO MICROSYSTEMS INC
$6.26B$1.03B$322.89M$237.96M$1.2429.55%N/A133.96%N/A2023-10-25
SITM
SITIME CORP
$2.45B$200.01M-$23.78M-$38.16M-$1.74-30.66%N/AN/AN/A2023-10-31
VLN
VALENS SEMICONDUCTOR LTD
$264.79M$94.67M-$21.80M-$22.58M-$0.2212.82%N/AN/AN/A2023-11-09
NVEC
NVE CORP
$405.81M$39.75M$28.13M$22.96M$4.7546.29%6.24%52.24%9.63%2023-10-17
AMD
ADVANCED MICRO DEVICES INC
$162.12B$21.88B$4.09B-$25.00M-$0.021.39%28.16%N/AN/A2023-10-30
IMOS
CHIPMOS TECHNOLOGIES INC
$879.60M$771.05M$292.89M$112.78M$3.10-22.56%4.87%-37.16%6.76%2023-11-08
NVTS
NAVITAS SEMICONDUCTOR CORP
$1.26B$54.01M-$166.66M-$160.09M-$1.0790.72%N/AN/AN/A2023-11-07
LASR
NLIGHT INC
$482.31M$224.17M-$36.62M-$52.17M-$1.16-15.40%5.91%N/AN/A2023-11-01
MRAM
EVERSPIN TECHNOLOGIES INC
$194.57M$61.52M$8.51M$7.17M$0.35-0.88%6.57%-16.67%N/A2023-11-07
WOLF
WOLFSPEED INC
$4.95B$921.90M-$164.50M-$329.90M-$2.6523.55%-0.06%N/AN/A2023-10-24
FORM
FORMFACTOR INC
$2.62B$670.22M$37.90M-$7.21M-$0.09-15.81%4.83%N/AN/A2023-10-24
HIMX
HIMAX TECHNOLOGIES INC
$931.38M$955.16M$89.02M$66.29MN/A-40.24%5.74%N/AN/A2023-11-08
AIP
ARTERIS INC
$236.28M$51.69M-$32.86M-$33.07M-$0.9610.05%N/AN/AN/A2023-11-06
QUIK
QUICKLOGIC CORP
$115.44M$14.60M-$4.78M-$6.08M-$0.47-9.90%4.28%N/AN/A2023-11-13
PRSO
PERASO INC
$6.11M$14.62M-$22.85M-$25.84M-$1.2426.36%-0.58%N/AN/A2023-11-13
LAES
SEALSQ CORP
$25.02M$27.29M$2.98M$5.08M$4.0034.30%N/AN/AN/A
QRVO
QORVO INC
$9.32B$3.19B$396.01M-$9.31M-$0.10-30.31%1.03%N/AN/A2023-10-31
PXLW
PIXELWORKS INC
$65.21M$58.01M-$18.25M-$21.86M-$0.40-14.04%-4.16%N/AN/A2023-11-06
ASX
ASE TECHNOLOGY HOLDING CO LTD
$6.58B$20.24BN/A$1.48B$1.73-3.51%15.17%-36.31%11.67%2023-11-02
WISA
WISA TECHNOLOGIES INC
$4.41M$2.75M-$12.60M-$14.39M-$30.62-48.35%20.76%N/AN/A2023-11-13
MX
MAGNACHIP SEMICONDUCTOR CORP
$310.40M$250.17M-$24.37M-$39.64M-$0.90-43.50%-18.98%N/AN/A2023-10-31
CEVA
CEVA INC
$484.95M$121.97M-$6.43M-$31.05M-$1.34-9.27%8.61%N/AN/A2023-11-07
GSIT
GSI TECHNOLOGY INC
$73.24M$26.37M-$15.12M-$17.11M-$0.70-21.29%-9.41%N/AN/A2023-10-25
WKEY
WISEKEY INTERNATIONAL HOLDING SA
$11.19M$23.81M-$29.94M-$27.48M-$6.0034.95%-6.69%N/AN/A2023-09-30
MU
MICRON TECHNOLOGY INC
$76.32B$18.17B$5.35B-$2.91B-$2.66-43.89%-8.34%N/AN/A2023-09-27
SGH
SMART GLOBAL HOLDINGS INC
$1.16B$1.72B$82.68M-$26.72M-$0.54-7.23%8.56%N/AN/A2023-10-02
SMTC
SEMTECH CORP
$1.64B$820.04M-$258.94M-$439.68M-$6.872.91%7.00%N/AN/A
MRVL
MARVELL TECHNOLOGY INC
$45.68B$5.62B$1.14B-$378.50M-$0.441.82%17.56%N/AN/A
LEDS
SEMILEDS CORP
$8.85M$6.15M-$1.45M-$2.95M-$0.62-9.48%-5.39%N/AN/A2023-11-06
EMKR
EMCORE CORP
$29.41M$104.04M-$41.98M-$50.65M-$1.21-27.00%3.04%N/AN/A
SQNS
SEQUANS COMMUNICATIONS
$166.02M$53.50M$6.43M-$21.99MN/A-0.59%2.84%N/AN/A2023-10-31
SKYT
SKYWATER TECHNOLOGY INC
$264.28M$253.32M$15.76M-$22.85M-$0.5249.82%N/AN/AN/A2023-11-06
ARM
ARM HOLDINGS PLC
N/A$2.68B$875.00M$524.00M$0.51-0.89%N/A-5.56%N/A
INTC
INTEL CORP
$145.28B$54.04B$7.59B-$922.00M-$0.22-26.36%-3.99%N/AN/A2023-10-25
POET
POET TECHNOLOGIES INC
$132.92M$790.71k-$18.35M-$19.98M-$0.53557.50%N/AN/AN/A2023-11-13
NA
NANO LABS LTD
$64.67M$655.30MN/A-$214.59M-$3.9665.16%N/AN/AN/A
ICG
INTCHAINS GROUP LTD
$362.03MN/AN/AN/AN/AN/AN/AN/AN/A
CSLR
COMPLETE SOLARIA INC
$159.18M$115.20M-$48.69M-$58.97M-$6.6629.26%N/AN/AN/A

Semiconductor Stocks FAQ

What are the best semiconductor stocks to buy right now in Sep 2023?

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

1. Qualcomm (NASDAQ:QCOM)


Qualcomm (NASDAQ:QCOM) is the top semiconductor stock with a Zen Score of 74, which is 36 points higher than the semiconductor industry average of 38. It passed 28 out of 38 due diligence checks and has strong fundamentals. Qualcomm has seen its stock lose -12.46% over the past year, underperforming other semiconductor stocks by -34 percentage points.

Qualcomm has an average 1 year price target of $132.75, an upside of 21.54% from Qualcomm's current stock price of $109.22.

Qualcomm stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Qualcomm, 56.25% 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 6.25% have issued a Strong Sell.

2. Silicon Motion Technology (NASDAQ:SIMO)


Silicon Motion Technology (NASDAQ:SIMO) is the second best semiconductor stock with a Zen Score of 72, which is 34 points higher than the semiconductor industry average of 38. It passed 27 out of 38 due diligence checks and has strong fundamentals. Silicon Motion Technology has seen its stock lose -24.44% over the past year, underperforming other semiconductor stocks by -46 percentage points.

Silicon Motion Technology has an average 1 year price target of $86.40, an upside of 63.11% from Silicon Motion Technology's current stock price of $52.97.

Silicon Motion Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Silicon Motion Technology, 20% have issued a Strong Buy rating, 60% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Monolithic Power Systems (NASDAQ:MPWR)


Monolithic Power Systems (NASDAQ:MPWR) is the third best semiconductor stock with a Zen Score of 63, which is 25 points higher than the semiconductor industry average of 38. It passed 24 out of 38 due diligence checks and has strong fundamentals. Monolithic Power Systems has seen its stock return 10.23% over the past year, underperforming other semiconductor stocks by -11 percentage points.

Monolithic Power Systems has an average 1 year price target of $587.78, an upside of 29.79% from Monolithic Power Systems's current stock price of $452.86.

Monolithic Power Systems stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Monolithic Power Systems, 55.56% have issued a Strong Buy rating, 44.44% have issued a Buy, 0% 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 21 semiconductor stocks that have issued dividends in the past year, the 3 semiconductor stocks with the highest dividend yields are:

1. Silicon Motion Technology (NASDAQ:SIMO)


Silicon Motion Technology (NASDAQ:SIMO) has an annual dividend yield of N/A, which is N/A percentage points lower than the semiconductor industry average of 9.69%. Silicon Motion Technology's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Silicon Motion Technology's dividend has shown consistent growth over the last 10 years.

Silicon Motion Technology's dividend payout ratio of 19.2% indicates that its dividend yield is sustainable for the long-term.

2. Wisekey International Holding Sa (NASDAQ:WKEY)


Wisekey International Holding Sa (NASDAQ:WKEY) has an annual dividend yield of 140%, which is 130 percentage points higher than the semiconductor industry average of 9.69%.

Wisekey International Holding Sa's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

3. Himax Technologies (NASDAQ:HIMX)


Himax Technologies (NASDAQ:HIMX) has an annual dividend yield of 8.99%, which is -1 percentage points lower than the semiconductor industry average of 9.69%. Himax Technologies's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Himax Technologies's dividend has shown consistent growth over the last 10 years.

Why are semiconductor stocks down?

Semiconductor stocks were down -1.6% in the last day, and down -3.3% over the last week. Arm Holdings was the among the top losers in the semiconductors industry, dropping -4.1% yesterday.

Arm shares are trading lower amid post-IPO volatility.

What are the most undervalued semiconductor stocks?

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

1. Silicon Motion Technology (NASDAQ:SIMO)


Silicon Motion Technology (NASDAQ:SIMO) is the most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Silicon Motion Technology has a valuation score of 100, which is 64 points higher than the semiconductor industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Silicon Motion Technology's stock has dropped -24.44% in the past year. It has underperformed other stocks in the semiconductor industry by -46 percentage points.

2. Diodes (NASDAQ:DIOD)


Diodes (NASDAQ:DIOD) is the second most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Diodes has a valuation score of 86, which is 50 points higher than the semiconductor industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Diodes's stock has gained 13.61% in the past year. It has underperformed other stocks in the semiconductor industry by -8 percentage points.

3. Synaptics (NASDAQ:SYNA)


Synaptics (NASDAQ:SYNA) is the third most undervalued semiconductor stock based on WallStreetZen's Valuation Score. Synaptics has a valuation score of 86, which is 50 points higher than the semiconductor industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Synaptics's stock has dropped -20.93% in the past year. It has underperformed other stocks in the semiconductor industry by -42 percentage points.

Are semiconductor stocks a good buy now?

46.15% of semiconductor stocks rated by analysts are a buy right now. On average, analysts expect semiconductor stocks to rise by 39.34% 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 -241.72x.
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.