In this piece, we will discuss the 11 Most Oversold Semiconductor Stocks to Buy Now.
As geopolitical risks tied to the U.S.-Israel war with Iran escalate, pressure remains visible among semiconductor stocks. Growing concerns about supply chain vulnerabilities and demand uncertainty have triggered a broad sell-off across the industry, pushing semiconductor stocks into oversold territory.
According to a CNBC report, the Middle East plays a critical role in the semiconductor supply chain, known for supplying key materials such as helium and bromine. For instance, Qatar single-handedly accounts for over a third of global helium supply. Thus, a prolonged disruption could potentially impact chip manufacturing operations, with over 25% of the supply at risk if the Strait of Hormuz remains closed.
Investor fears were further intensified when a recent drone attack on QatarEnergy’s Ras Laffan Industrial City occurred, triggering the possibility of a two-to-three-month production halt. Furthermore, the event poses an additional risk of a longer normalization period for supply chains.
Meanwhile, these are not the only worrisome factors.
With Brent Crude surging over $100 per barrel, rising energy prices are making the situation even worse. Heightened power costs jeopardize demand for semiconductors tied to energy-intensive AI data centers. As a result, infrastructure investments may slow down.
The CNBC report also mentions that the conflict’s impact has been massive so far. Over $200 billion in the combined market value of memory chipmakers, such as Samsung and SK Hynix, has been wiped out since the start of the war.
As the industry experiences a broader sell-off, our list of the most oversold semiconductor stocks may prove valuable to investors looking for compelling opportunities in the sector.
Methodology
To identify relevant stocks for our list of most oversold semiconductor stocks to buy now, we screened U.S.-listed semiconductor companies with a Relative Strength Index (RSI) below 30. Next, we identified stocks with at least 30% upside potential as of March 13, 2026. Finally, we selected the top stocks by upside and ranked them in ascending order of potential upside. These stocks were trading at least 20% below their 52-week high.
Note: Data extracted as of market close on March 13, 2026.
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11. ON Semiconductor Corporation (NASDAQ:ON)
ON Semiconductor Corporation (NASDAQ:ON) is included in our list of the 11 most oversold semiconductor stocks to buy now.
As of March 13, 2026, analysts remain largely mixed on ON Semiconductor Corporation (NASDAQ:ON). Despite recent cautious analyst commentary, the consensus price target of $70 implies nearly 20% upside.
The sentiment stands firm as ON Semiconductor Corporation (NASDAQ:ON)’s management announced a leadership transition on March 11, 2026. While the Group President of the Power Solutions Group, Simon Keeton, resigned from all officer roles, he will remain in service to the company until June 30 to facilitate the transition.
Amid this development, analysts at UBS issued an industry outlook (March 8, 2026) that strengthens the company’s demand narrative.
The firm’s analysts projected an increased demand for analog and power semiconductors amid rising power demands tied to the rapid expansion of AI data centers. Furthermore, the analysts emphasized that power requirements per rack will increase sharply. As a result, the firm projects heightened demand signals for advanced power management systems and new architectures, including 800-volt DC infrastructure. The firm cited the growing footprint of ON Semiconductor Corporation (NASDAQ:ON) in AI data center power systems, which should allow the company to benefit from the robust outlook.
ON Semiconductor Corporation (NASDAQ:ON), founded in 1999 and headquartered in Scottsdale, Arizona, delivers intelligent power and sensing solutions, serving automotive and industrial markets.
10. Amkor Technology, Inc. (NASDAQ:AMKR)
Amkor Technology, Inc. (NASDAQ:AMKR) is included in our list of the 11 most oversold semiconductor stocks to buy now.
While analyst sentiment on Amkor Technology, Inc. (NASDAQ:AMKR) remains mixed as of March 13, 2026, the company’s share price has performed strongly over the last year, in line with the semiconductor equipment and materials industry’s performance. The stock has returned over 125% over the last year. Meanwhile, approximately 60% of covering analysts remain cautious on the stock, yet the $55 consensus price target implies nearly 28% upside potential.
Amkor Technology, Inc. (NASDAQ:AMKR) announced a quarterly cash dividend of $0.08352 per share on February 19, 2026. The dividend will be payable on March 31, 2026, to shareholders of record as of March 12, 2026.
After reporting its fourth-quarter results in early February, Amkor Technology, Inc. (NASDAQ:AMKR) received Wall Street attention. With most performance metrics exceeding analyst estimates, the stock received price target increases from several investment firms, including Morgan Stanley ($28 to $45), Needham ($50 to $65), and Goldman Sachs ($38 to $43).
Analyst confidence received the biggest boost from management’s strong guidance, where it guided FY26 capital expenditures of $2.5 billion to $3 billion, which is the highest ever in the company’s history. Management’s expectations indicate confidence in Amkor Technology, Inc. (NASDAQ:AMKR)’s long-term growth in advanced semiconductor packaging.
Meanwhile, analysts’ other key areas of focus included Amkor Technology, Inc. (NASDAQ:AMKR)’s progress in AI data center packaging, spending tied to chip-on-wafer-on-substrate technology, operational improvement, and developments at its Vietnam and Arizona facilities.
Amkor Technology, Inc. (NASDAQ:AMKR) is known for its outsourced semiconductor packaging and testing services, which include design, wafer bumping, and package characterization.
