U.S. Semiconductors Top Stock Picks from Analysts

Micron Technology

Market Cap: US$1.1t

Designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.

Cerebras Systems

Market Cap: US$46.6b

Operates as an artificial intelligence infrastructure company.

GLOBALFOUNDRIES

Market Cap: US$26.4b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally.

Tower Semiconductor

Market Cap: US$25.2b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

MACOM Technology Solutions Holdings

Market Cap: US$20.4b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

MKS

Market Cap: US$18.9b

Provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.

IonQ

Market Cap: US$17.8b

Develops quantum computing systems in the United States, Switzerland, and Internationally.

Amkor Technology

Market Cap: US$12.5b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Semtech

Market Cap: US$11.6b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Rambus

Market Cap: US$9.9b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Silicon Motion Technology

Market Cap: US$8.8b

Designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in China, Japan, Singapore, Taiwan, Korea, the United States, and internationally.

Allegro MicroSystems

Market Cap: US$6.9b

Designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems.

MaxLinear

Market Cap: US$6.0b

Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally.

Rigetti Computing

Market Cap: US$6.0b

Through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally.

Diodes

Market Cap: US$4.3b

Provides semiconductor products in Asia, the Americas, and Europe.

Ultra Clean Holdings

Market Cap: US$3.5b

Develops and supplies critical subsystems, components and parts, and cleaning and analytical services for the semiconductor industry in the United States and internationally.

Himax Technologies

Market Cap: US$2.4b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, Mexico, and internationally.

Ichor Holdings

Market Cap: US$2.3b

Engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in Singapore, the United States, Europe, and internationally.

Ambiq Micro

Market Cap: US$1.4b

Provides ultra-low-power semiconductor solutions in the United States, Europe, Asia, and internationally.

T1 Energy

Market Cap: US$1.3b

Provides energy solutions for solar modules and cells in the United States, Norway and internationally.

Daqo New Energy

Market Cap: US$918.9m

Manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

Kopin

Market Cap: US$904.8m

Develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally.

JinkoSolar Holding

Market Cap: US$833.7m

Engages in the design, development, production, and marketing of photovoltaic products.

Alpha and Omega Semiconductor

Market Cap: US$798.4m

Designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally.

CEVA

Market Cap: US$788.0m

Provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and internationally.

SEALSQ

Market Cap: US$505.5m

Designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Everspin Technologies

Market Cap: US$416.6m

Manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, Canada, and internationally.

Datavault AI

Market Cap: US$302.6m

A data sciences technology company, owns and operates data management platforms with high computing capabilities in North America, Asia Pacific, Europe, and internationally.

Amtech Systems

Market Cap: US$256.1m

Manufactures and sells capital equipment and related consumables for use in fabricating and packaging semiconductor devices in the United States, Canada, Mexico, China, Malaysia, Taiwan, Singapore, the Czech Republic, Austria, Hungary, the United Kingdom, Germany, and internationally.

Aeluma

Market Cap: US$249.9m

Develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States.

QuickLogic

Market Cap: US$209.6m

Operates as a fabless semiconductor company.

TOYO

Market Cap: US$205.9m

Engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States.

Valens Semiconductor

Market Cap: US$196.0m

Provides semiconductor products for the audio-video and automotive industries.

GCT Semiconductor Holding

Market Cap: US$187.6m

A fabless semiconductor company, designs, manufactures, and sells communication semiconductors for industrial, business-to-business, and consumer applications in the United States, Taiwan, China, Germany, and South Korea.

Atomera

Market Cap: US$186.5m

Engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and Europe.

InTest

Market Cap: US$144.0m

Provides test and process technology solutions for use in Semi, Auto/Electric Vehicle, Defense/Aerospace, Industrial, Life Sciences, Safety/Security, and other markets in the United States and internationally.