10 Must-Buy Semiconductor Stocks to Invest In Now 

8. indie Semiconductor, Inc. (NASDAQ:INDI)

Number of Hedge Fund Holders: 20

indie Semiconductor, Inc. (NASDAQ:INDI) is one of the top must-buy semiconductor stocks to invest in now. UBS lifted the price target on indie Semiconductor, Inc. (NASDAQ:INDI) to $4.75 from $4.25 on May 8, and reiterated a Neutral rating on the shares. In a separate development, indie Semiconductor, Inc. (NASDAQ:INDI) announced on May 11 that it signed a definitive agreement to acquire the fabless CMOS image sensor group from ams OSRAM AG for a total consideration of 40 million euros.

Management reported that the product line has primary operations in Belgium and Portugal, and encompasses intelligent, high‑performance CMOS image sensors for a range of automation, industrial, and physical artificial intelligence (AI) applications. According to the company, the portfolio of products, designs, and IP aligns with indie Semiconductor’s (NASDAQ:INDI) automotive ADAS sensing solutions and bolsters its multimodal sensing capabilities across vision, radar, LiDAR, and ultrasonic.

The consideration includes a cash payment of 35 million euros paid at closing, along with a 5 million euros vendor debt note provided by ams OSRAM, and is subject to customary closing conditions, which include regulatory approvals. The company expects the acquisition to close in fiscal Q3 2026 and be immediately accretive.

indie Semiconductor, Inc. (NASDAQ:INDI) is an autotech company that provides automotive semiconductor and software solutions for Advanced Driver Assistance Systems (ADAS), driver automation, in-cabin, user experience, and electrification applications.

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