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.
9. QuickLogic Corporation (NASDAQ:QUIK)
Stock Price: $19.1
Number of Hedge Fund Holders: 5
QuickLogic Corporation (NASDAQ:QUIK) is one of the Best Semiconductor Stocks to Buy Under $30. On May 12, the company reported its results for Q1 2026. Total revenue from continuing operations came in at $5.1 million, up by 16.8% YoY and 35.3% growth as compared to Q4 2025. Its new product revenue from continuing operations was ~$4.3 million in Q1 2026, reflecting 14.5% YoY growth. QuickLogic Corporation (NASDAQ:QUIK)’s progress in 2026 has been leveraging investments in Intel 18A technology as well as its internally funded RadPro™ FPGA.
QuickLogic Corporation (NASDAQ:QUIK)’s Storefront initiative continues to build momentum amidst the initial shipments of the first RadPro™ Dev Kits, and other developments that include the newly signed 12LP contract. This progress and continued execution of strategic objectives place the company well to realize its growth objectives for 2026 and beyond.
The company saw a Q1 2026 GAAP net loss of $2.2 million, or $0.13 per share, compared to the net loss of $2.2 million, or $0.14 per share, in Q1 2025.
QuickLogic Corporation (NASDAQ:QUIK) operates as a fabless semiconductor company.
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.
7. SEALSQ Corp (NASDAQ:LAES)
Stock Price: $2.87
Number of Hedge Fund Holders: 6
SEALSQ Corp (NASDAQ:LAES) is one of the Best Semiconductor Stocks to Buy Under $30. On May 13, the company noted that the global demand for AI infrastructure continues to accelerate beyond the physical and energy limitations of terrestrial data centers. As a result, the aerospace and AI industries are exploring orbital computing architectures that can host AI processing, distributed storage, and autonomous cloud services directly in space.
According to SEALSQ Corp (NASDAQ:LAES), future orbital cloud architecture will need a new security paradigm, which is developed around trusted hardware identity, quantum-resistant encryption, secure satellite-to-satellite communications, and autonomous cybersecurity systems that can operate throughout distributed orbital constellations.
SEALSQ Corp (NASDAQ:LAES)’s post-quantum semiconductor technologies can address such challenges. This is because it enables secure hardware authentication, trusted boot processes, encrypted AI inference, and zero-trust communications between satellites, orbital compute nodes, and terrestrial infrastructures. Furthermore, its technologies could be integrated into next-generation space-based data centers in order to secure the AI workloads.
SEALSQ Corp (NASDAQ:LAES) is engaged in designing, developing, and marketing semiconductors.
6. Atomera Incorporated (NASDAQ:ATOM)
Stock Price: $8.80
Number of Hedge Fund Holders: 6
Atomera Incorporated (NASDAQ:ATOM) is one of the Best Semiconductor Stocks to Buy Under $30. On May 5, the company released its Q1 2026 results. Atomera Incorporated (NASDAQ:ATOM) made progress towards the adoption of MST by GAA manufacturers, and also expanded its offerings in GaN beyond power applications to RF. It believes that it will significantly grow its TAM and offer highly differentiated device performance on larger-diameter wafers.
Atomera Incorporated (NASDAQ:ATOM) expressed optimism about closing on a $25 million equity raise, bringing the cash, cash equivalents, and short-term investments to more than $41 million. As a result of this additional capital, the company is in a robust position to enable customers to bring MST-enabled products to market.
Revenue for Q1 2026 and Q1 2025 was ~$11,000 and $4,000, respectively. The company’s Q1 2026 revenue consisted of engineering services revenue from the delivery of MST wafers.
Atomera Incorporated (NASDAQ:ATOM) is a semiconductor materials and technology licensing company. It focuses on deploying its proprietary, silicon-proven technology into the semiconductor industry.
While we acknowledge the potential of ATOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ATOM and that has 100x upside potential, check out our report about the cheapest AI stock.
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