10 Best Semiconductor Stocks to Buy Under $20

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9. Aehr Test Systems, Inc. (NASDAQ:AEHR)

Share Price: $16.84

Number of Hedge Fund Holders: 6

Aehr Test Systems, Inc. (NASDAQ:AEHR) is one of the Best Semiconductor Stocks to Buy Under $20. On July 22, the company announced that it received follow-on orders from its lead production AI processor customer for package part burn-in for 8 Sonoma ultra-high-power systems to be utilized for volume production test and burn-in of their AI processors. Such systems are expected to be shipped from Aehr Test Systems, Inc. (NASDAQ:AEHR)’s high-volume production facility in Fremont, California, over the upcoming 6 months.

Aehr Test Systems, Inc. (NASDAQ:AEHR) has tagged this company as “one of the premier large-scale data center hyperscalers.” The company opines that its Sonoma systems provide the lowest-cost solution on the market. The types of processors and applications for AI continue to evolve rapidly, moving beyond general-purpose GPU-based processors for large language models and inference to ASICs designed for specialized accelerator functions in data centers and hyperscalers.

Aehr Test Systems, Inc. (NASDAQ:AEHR) also highlighted that AI processors are becoming important in autonomous vehicles, robotics, and security applications. With the company’s comprehensive portfolio of reliability test and burn-in solutions tailored for AI semiconductors, there are expectations that Aehr Test Systems, Inc. (NASDAQ:AEHR) remains well-placed to capture a meaningful share of the growing market.

Aehr Test Systems, Inc. (NASDAQ:AEHR) offers test solutions for testing, burning-in, and semiconductor devices in wafer-level, singulated die, package part form, and installed systems.

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