In this article, we will discuss the 10 Best Semiconductor Stocks to Buy Under $30.
On May 4, the Semiconductor Industry Association (SIA) announced that global semiconductor sales came in at $298.5 billion during Q1 2026, reflecting 25% growth as compared to Q4 2025. The global sales amounted to $99.5 billion during March 2026, reflecting 79.2% growth compared to the March 2025 total of $55.5 billion. As per John Neuffer, SIA (Semiconductor Industry Association) President and CEO, global chip sales are on track to touch $1 trillion in 2026, and Q1 2026 sales significantly surpassed the sales in Q4 2025.
Notably, healthy sales throughout the Asia Pacific region, the Americas, and China resulted in growth in the global semiconductor market. This demonstrates broad and healthy demand for semiconductors and several tech products they enable.
Morningstar believes that strong momentum continues to be visible in the hardware stocks, while software stocks are lagging. Overall, the technology sector demonstrated a wide split of performance in 2026. Hardware stocks associated with data center storage and semiconductors have aided the technology sector in regaining momentum.
Amidst such trends, we will now have a look at the 10 Best Semiconductor Stocks to Buy Under $30.
Our Methodology
To list the 10 Best Semiconductor Stocks to Buy Under $30, we used a screener to shortlist the broader semiconductor stocks that trade at less than $30. We also mentioned the hedge fund sentiments around each stock, as of Q4 2025. Finally, the stocks are arranged in ascending order of their hedge fund sentiments.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Note: All the data is as of May 15
10 Best Semiconductor Stocks to Buy Under $30
10. Aeluma, Inc. (NASDAQ:ALMU)
Stock Price: $24.86
Number of Hedge Fund Holders: 3
Aeluma, Inc. (NASDAQ:ALMU) is one of the Best Semiconductor Stocks to Buy Under $30. On May 13, the company released financial results for Q3 2026, with revenue coming at $1.2 million as compared to $1.3 million in Q3 2025 and $1.3 million in Q2 2026. Notably, the revenue in the quarter mainly came from R&D contracts. Aeluma, Inc. (NASDAQ:ALMU) made significant progress on the strategic priorities for 2026 that focus on manufacturing and commercialization.
It achieved the 2026 goal of 3 to 7 new contracts. Notably, 6 contracts to date amount to $5 million in value, offering non-dilutive funding for R&D and the growth of partnership opportunities. It was highlighted that Q3 2026 bolstered Aeluma, Inc. (NASDAQ:ALMU)’s strategy as it saw significant commercial interest, with massive AI data center buildout surpassing the scale of photonics supply chain. Beyond AI infrastructure, the company is advancing opportunities throughout mobile, defense, and quantum.
Aeluma, Inc. (NASDAQ:ALMU) is a transformative semiconductor company, which specializes in high-performance photonic and electronic technologies that scale.
