13 Best Semiconductor Equipment Stocks to Buy According to Hedge Funds 

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8. Amkor Technology Inc (NASDAQ:AMKR)

Number of Hedge Fund Holders In Q2 2025: 33

Amkor Technology Inc (NASDAQ:AMKR) has shaped up to become an important company when it comes to the US government’s push towards domestic chip fabrication. It makes and sells equipment used in the semiconductor packaging process. Packaging connects the AI chips, made by firms such as TSMC, to memory and other components to enable them to function in data centers.

The firm has partnered up with TSMC to expand packaging capabilities at the latter’s US chip fabrication plant in Arizona. Amkor Technology Inc (NASDAQ:AMKR) has also partnered up with Apple to package chips built for the company by TSMC. The firm also saw Aletheia Capital initiate coverage for its shares and set a $62 price target earlier this month. As part of its note, Aletheia cited “the surging demand for CoWoS packaging and the America Manufacturing initiative” as two key tailwinds for the shares.

“It’s the only outsourced assembly and test manufacturing with a significant presence in the United States while also having presence overseas,” said Nancy Prial, Co-CEO & Senior Portfolio Manager at Essex Investment Management for Amkor Technology Inc (NASDAQ:AMKR) in an appearance on CNBC on September 30th.

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