U.S. Semiconductors Potentially Undervalued Companies

Tokyo Electron

Market Cap: US$10.3t

Develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally.

Sequans Communications

Market Cap: US$38.3m

Engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband internet of things markets.

SMA Solar Technology

Market Cap: US$644.4m

Develops, produces, and sells PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally.

Ichor Holdings

Market Cap: US$570.5m

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

STMicroelectronics

Market Cap: US$18.9b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Alpha and Omega Semiconductor

Market Cap: US$608.0m

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.

Tower Semiconductor

Market Cap: US$4.2b

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

Amkor Technology

Market Cap: US$4.4b

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

Skyworks Solutions

Market Cap: US$10.1b

Designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

REC Silicon

Market Cap: US$864.8m

Produces and sells silicon materials for the solar and electronics industries in Norway and internationally.

Rambus

Market Cap: US$5.5b

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

AXT

Market Cap: US$57.7m

Designs, develops, manufactures, and distributes compound and single element semiconductor substrates.