10 Best Semiconductor Stocks to Buy Right Now

8. Entegris, Inc. (NASDAQ:ENTG)

Number of Hedge Fund Holders: 54

Entegris, Inc. (NASDAQ:ENTG) is one of the 10 Best Semiconductor Stocks to Buy Right Now. On August 21, Citi maintained its “Buy” rating on the company’s stock with a price objective of $100, as reported by The Fly. As per the firm, the shares remain attractively valued, with Citi expecting a better 2026 for Entegris, Inc. (NASDAQ:ENTG) backed by an improvement in wafer starts. The company, in collaboration with the Trump Administration, announced $700 million in domestic R&D spending over the span of the upcoming several years to ramp up semiconductor innovation.

In Q2 2025, Entegris, Inc. (NASDAQ:ENTG)’s revenue went up by 2% sequentially and remained above its guidance range. Growth was backed by demand for its unit-driven solutions, mainly CMP consumables, selective etch, and deposition materials. The semiconductor industry trends remain largely unchanged. Furthermore, AI-enabled applications have been fueling strong growth in advanced logic and HBM. Despite challenges, Entegris, Inc. (NASDAQ:ENTG) expects stronger performance from its business in H2 2025.

The London Company, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

“Entegris, Inc. (NASDAQ:ENTG) – ENTG continues to be weak due to challenges from underutilized mainstream fabs, less visibility in older technology, and weaker capex-driven demand. ENTG’s solutions for advanced technology and incremental wafer content gains continue to trend upward. ENTG is one of the most diversified players in the semi-materials industry, with its size and scale. We remain attracted to the industry’s high barriers to entry, limited competitors, and high switching costs.”