11 Best Semiconductor Stocks to Invest In Now

7. Cohu, Inc. (NASDAQ:COHU)

Cohu, Inc. (NASDAQ:COHU) is one of the Best Semiconductor Stocks to Invest In Now. On March 18, Stifel analyst Brian Chin lifted the firm’s price objective on Cohu, Inc. (NASDAQ:COHU)’s stock to $34 from $32, while keeping a “Buy” rating. The analyst noted the company’s announcement, wherein a leading US semiconductor IDM (integrated device manufacturer) and foundry gave orders for multiple Eclipse platforms.

This is to support testing of high-performance compute AI processors. As a result, this highlights that Cohu, Inc. (NASDAQ:COHU)’s AI test-driven revenue continues to accelerate.

In a different update, on March 16, Evercore ISI began coverage of the company’s stock with an “Outperform” rating and a price objective of $35. As per the firm, a cyclical recovery in the broader auto-industrial market in 2026 and 2027, Cohu, Inc. (NASDAQ:COHU)’s expansion into AI/compute applications, and a cushion because of recurring revenue are expected to act as key drivers.

Cohu, Inc. (NASDAQ:COHU) is a California-based provider of semiconductor test equipment and services. Founded in 1947, the company also provides AI process control and analytics-based monitoring software.