10 Best Semiconductor Stocks to Buy Under $20

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In this article, we will discuss the 10 Best Semiconductor Stocks to Buy Under $20.

According to Capgemini’s research on semiconductor market trends, companies continue to expect demand for semiconductors to rise by 15% by 2026. Furthermore, the downstream organizations – ones dependent on semiconductors for their products or services – project demand to rise by 29%.

Increased Investments in Semiconductor Space

The Semiconductor Industry Association (SIA) highlighted that after over 30 years of decline in the US share of global chip manufacturing capacity, the broader semiconductor industry has been re-industrializing America through robust domestic investments. The chip manufacturing incentives, initiated in 2020 during President Trump’s first term, have been ramping up efforts and providing results.

SIA highlighted that, as of July 2025, companies operating in the semiconductor ecosystem announced over half a trillion dollars in private-sector investments focused on revamping the US chip ecosystem, setting the momentum for the expected tripling of the US chipmaking capacity by 2032.

Amidst such trends, we will now have a look at the 10 Best Semiconductor Stocks to Buy Under $20.

10 Best Semiconductor Stocks to Buy Under $20

A robotic arm holding a semiconductor chip, emphasizing the precision and quality of the company’s production equipment.

Our Methodology

To list the 10 Best Semiconductor Stocks to Buy Under $20, we used a screener to shortlist the stocks catering to the broader semiconductor industry. Next, we narrowed our list to the ones that trade below $20. Finally, we selected the ones popular among hedge funds. We also mentioned the hedge fund sentiments around each stock, as of Q1 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Note: All data is as of August 1

10 Best Semiconductor Stocks to Buy Under $20

10. ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Share Price: $16.87

Number of Hedge Fund Holders: 2

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) is one of the Best Semiconductor Stocks to Buy Under $20. On July 10, the company reported its unaudited consolidated revenue for June 2025 and for the second quarter ended June 30, 2025. ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) saw revenues of NT$5,735.8 million or US$196.6 million for Q2 2025, demonstrating an increase of 3.7% from Q1 2025, and a fall of 1.3% from Q2 2024.

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) highlighted that it continues to benefit from higher customer demand and overall market price increases for memory products. It posted revenues of NT$1,849.7 million or US$63.4 million for June 2025, reflecting a fall of 8.7% from May 2025. As per the Chairman, the company is in the right long-term end markets with a leadership position to build on. Furthermore, there are expectations that this will benefit the business in up markets and help in reducing the impact of slowdowns in softer markets. Furthermore, ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)’s location remains strategically important in the supply chain to its customers, and this might continue to provide an advantage over the long term.

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) is an industry-leading provider of outsourced semiconductor assembly and test services.

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