5 Best Semiconductor Penny Stocks to Buy

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In this piece, we will take a look at the five best semiconductor penny stocks to buy. If you want to take a look at what’s happening in the semiconductor industry these days, head on over to 10 Best Semiconductor Penny Stocks to Buy.

5. Pixelworks, Inc. (NASDAQ:PXLW)

Number of Hedge Fund Investors In Q1 2023: 7

Pixelworks, Inc. (NASDAQ:PXLW) focuses its attention on designing and selling semiconductors that are used in display devices. Its products include image processors and digital signals processors for display systems, processors for smartphones, and other products that manage image display on screens.

As of 2023’s first quarter, seven of the 943 hedge funds part of Insider Monkey’s database had held a stake in Pixelworks, Inc. (NASDAQ:PXLW). D. E. Shaw’s D E Shaw is the firm’s largest hedge fund shareholder, owning 535,367 shares that are worth $792,343.

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