On September 4, President Donald Trump said his administration will put tariffs on semiconductor imports from companies that will not move their production to the United States. Trump spoke about this before a dinner with CEOs of big technology companies.
The president said:
“Yeah, I have discussed it with the people here. Chips and semiconductors – we will be putting tariffs on companies that aren’t coming in.”
Trump did not say exactly when but he pointed out that the administration would be looking to impose a tariff “very shortly.”
He also did not say exactly how high the tariffs would be but described them as “fairly substantial” though not very high.
Trump explained that if companies come to build in the US, they will not have to pay these tariffs. Previously, in August, the president had said that the US would impose a tariff of about 100% on semiconductor imports, but only for companies that do not make chips in the US or have not committed to doing so.
Some of the biggest chip companies like Taiwan Semiconductor Manufacturing Company (TSMC) from Taiwan and South Korea’s Samsung Electronics and SK Hynix have already announced plans to invest in making chips in the US.
With this background in mind, let’s take a look at 14 small publicly traded semiconductor companies to invest in now.
Our Methodology
To compile our list of the 14 small publicly traded semiconductor companies to invest in now, we used stock screeners from Finviz and Yahoo Finance to look for semiconductor stocks with a market capitalization between $300 million and $5 billion as of September 19, 2025. Next, we focused on the top 14 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q2 2025 database of 983 elite hedge funds. Finally, the 14 small publicly traded semiconductor companies to invest in now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q2 2025.
Why do we care about what hedge funds do? 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
14 Small Publicly Traded Semiconductor Companies to Invest in Now
14. Arteris, Inc. (NASDAQ:AIP)
Market Capitalization: $420.95 Million
Number of Hedge Fund Holders: 18
Arteris, Inc. (NASDAQ:AIP) is one of the best small publicly traded semiconductor companies to invest in now. On August 25, Northland Securities maintained a Buy rating on Arteris, Inc. (NASDAQ:AIP) with a price target of $16.
Previously, on August 5, TD Cowen had also reiterated a Buy rating on Arteris, Inc. (NASDAQ:AIP) and raised the price target from $12 to $15. This decision came after the company reported results for the second quarter of 2025.
Arteris, Inc. (NASDAQ:AIP) reported earnings that surpassed expectations. The rise in revenue and strategic wins indicate a promising future for the company. Arteris, Inc. (NASDAQ:AIP) reported an Annual Contract Value (ACV) plus royalties of $69.1 million, up 15% compared to last year, growing to the highest level the company has ever reported. The company’s remaining performance obligations (RPO) rose by 28% year-over-year to $99.3 million, marking the highest level the company has ever reported.
Additionally, Arteris, Inc. (NASDAQ:AIP) is gaining new customers, including big names like AMD. The company shared that AMD has agreed to use FlexGen, the company’s smart network-on-chip technology that will provide high-performance data transport in AMD chiplets and power AI across AMD’s broad portfolio.
As of September 19, analysts are bullish on Arteris, Inc. (NASDAQ:AIP). The 1-year median price target of $14.50 set by analysts indicates a potential upside of 46.91% from current levels.
Arteris, Inc. (NASDAQ:AIP) is a leading provider of semiconductor system IP and integration automation software for system-on-chip (SoC) development.
13. Wolfspeed, Inc. (NYSE:WOLF)
Market Capitalization: $348.95 Million
Number of Hedge Fund Holders: 19
Wolfspeed, Inc. (NYSE:WOLF) is one of the best small publicly traded semiconductor companies to invest in now. On September 10, Wolfspeed, Inc. (NYSE:WOLF) announced the commercial launch of its 200mm silicon carbide (SiC) materials products.
The company first offered 200mm SiC to select customers. Encouraged by the positive feedback and response, Wolfspeed, Inc. (NYSE:WOLF) decided to make these products available to the broader market.
Additionally, the company is offering 200mm SiC epitaxy for immediate qualification. When combined with Wolfspeed, Inc.’s (NYSE:WOLF) 200mm bare wafers, this delivers strong scalability and higher quality to enable the next generation of high-performance power devices.
According to the report by Wolfspeed, Inc. (NYSE:WOLF), these advancements will help device makers to improve the production yield of MOSFETs, speed up time-to-market, and offer stronger solutions in areas like automotive, renewable energy, and industrial applications.
Wolfspeed, Inc. (NYSE:WOLF) is an American company that develops and manufactures wide-bandgap semiconductors. The company focuses on silicon carbide materials and power devices for various applications such as electric vehicles, fast charging, and renewable energy and storage.
Hedge Fund Resource Center