10 Best Performing Semiconductor Stocks So Far in 2026

8. Ambiq Micro Inc. (NYSE:AMBQ)

Year-to-Date Performance: 147.61%

Ambiq Micro Inc. (NYSE:AMBQ) is one of the best performing semiconductor stocks so far in 2026. On May 12, Ambiq reported Q1 2026 GAAP net sales of $25.1 million, exceeding guidance and marking a 59.3% increase year-over-year. This growth was driven by expanding edge AI demand, with over 80% of units shipped running AI algorithms. The company reported a GAAP net loss of $10.2 million, an improvement from a $10.7 million loss in the previous quarter, while non-GAAP net loss narrowed slightly to $5.0 million.

GAAP gross margin came in at 43.5%, while non-GAAP gross margin reached 46.2%, reflecting optimized production processes and improved manufacturing efficiencies. Operating expenses rose 31.8% year-over-year to $22.6 million on a GAAP basis. Ambiq also improved its revenue diversification, as its top three customers accounted for 71% of net sales compared to 86% in the prior year period.

On the operational front, the company expanded its R&D footprint through a multi-year partnership with Singapore’s Economic Development Board. Ambiq Micro Inc. (NYSE:AMBQ) also revealed its next-generation 12nm SPOT platform for the upcoming Atomiq SoC, enabling low-voltage operations down to 300mV. Looking ahead, management expects strong Q2 2026 net sales between $31 and $32 million.

Ambiq Micro Inc. (NYSE:AMBQ) is a Texas-based company providing ultra-low-power semiconductor solutions, as well as technical support services. Incorporated in 2010, the company offers its products through an internal direct sales force, distributors, and sales representatives.