10 Best Semiconductor Stocks to Buy Under $30

8. POET Technologies Inc. (NASDAQ:POET)

Stock Price: $15.97

Number of Hedge Fund Holders: 6

POET Technologies Inc. (NASDAQ:POET) is one of the Best Semiconductor Stocks to Buy Under $30. On May 14, the company released its Q1 2026 results, wherein it posted non-recurring engineering and product revenue of $503,389 compared to $166,760 in Q1 2025 and $341,202 in Q4 2025. During Q1 2026, the company made strong progress in expanding its strategic position in the AI and hyperscale data center ecosystem.

POET Technologies Inc. (NASDAQ:POET)’s partnerships with industry players, including LITEON, Lessengers and Lumilens, back the increased demand for the company’s Optical Interposer platform and its capability to enable next-generation photonic integration solutions.

POET Technologies Inc. (NASDAQ:POET) stated that the joint development agreement with Lumilens, which includes an initial $50 million purchase order for EOI-based optical engines, demonstrates a critical commercial milestone. The company advanced its product roadmap via joint development of a 1.6T transceiver platform with Lessengers, while it continued to strengthen its global market position via collaboration with LITEON.

Net loss for the 3 months ended March 31 stood at $12,344,086. It included $5,840,334 incurred for R&D activities directly associated with the development and commercialization of POET Optical Interposer and POET Optical Engine products and modules.

POET Technologies Inc. (NASDAQ:POET) is engaged in designing, developing, manufacturing, and selling semiconductor products and services for commercial applications.

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