In this article, we are going to look at the 5 Best Semiconductor Stocks to Buy Under $30. For a longer list and more details on how we picked these stocks, you can go to 10 Best Semiconductor Stocks to Buy Under $30.
5. Himax Technologies, Inc. (NASDAQ:HIMX)
Stock Price: $19.06
Number of Hedge Fund Holders: 11
Himax Technologies, Inc. (NASDAQ:HIMX) is one of the Best Semiconductor Stocks to Buy Under $30. On May 7, the company announced financial results for Q1 2026, with net revenues coming at $199.0 million, reflecting a sequential decline of 2.0%. The revenue from large display drivers was $24.2 million, demonstrating 11.7% rise compared to the previous quarter, and surpassing Himax Technologies, Inc. (NASDAQ:HIMX)’s guidance range of a single-digit sequential growth.
Notably, this was primarily aided by better-than-expected restocking of high-end TV ICs by a leading panel maker. Himax Technologies, Inc. (NASDAQ:HIMX) posted Q1 2026 operating profit of $10.2 million, reflecting an operating margin of 5.1% versus 3.4% in the previous quarter and 9.2% in Q1 2025. The sequential growth was because of reduced operating expenses.
Himax Technologies, Inc. (NASDAQ:HIMX) anticipates upward momentum through the balance of 2026, thanks to a significant number of new automotive projects that are scheduled to enter MP in H2 2026. Furthermore, the positive outlook is backed by expected growth in non-driver IC businesses, mainly Tcon and WiseEye AI.
Himax Technologies, Inc. (NASDAQ:HIMX) is a fabless semiconductor company, which is engaged in providing display imaging processing technologies.
4. GSI Technology, Inc. (NASDAQ:GSIT)
Stock Price: $9.635
Number of Hedge Fund Holders: 13
GSI Technology, Inc. (NASDAQ:GSIT) is one of the Best Semiconductor Stocks to Buy Under $30. On May 7, the company reported its financial results for Q4 2026 and FY 2026, with yearly revenue rising 22% to $25.1 million, thanks to robust SRAM sales to chip design and simulation customers.
Furthermore, the gross margin increased to 54.5% from 49.4% because of a favorable product mix weighted towards higher-margin SRAM products. Overall, GSI Technology, Inc. (NASDAQ:GSIT) saw strong progress in FY 2026, amidst improvement in SRAM revenue, third-party validation of its APU’s performance-per-watt advantage, and initial customer engagements for Gemini-II.
For Q1 2027, GSI Technology, Inc. (NASDAQ:GSIT) expects net revenues of between $5.9 million – $6.7 million, with the gross margin of ~54% – 56%. The company reported a quarter-end cash balance of $67.2 million in cash and no debt, resulting in a healthy balance sheet to help the ongoing initiatives through Gemini-II commercialization.
GSI Technology, Inc. (NASDAQ:GSIT) is engaged in designing, developing, and marketing semiconductor memory solutions.
3. Valens Semiconductor Ltd. (NYSE:VLN)
Stock Price: $3.05
Number of Hedge Fund Holders: 16
Valens Semiconductor Ltd. (NYSE:VLN) is one of the Best Semiconductor Stocks to Buy Under $30. On May 13, the company announced that Q1 2026 surpassed expectations, with the company beating the top end of its guidance. The company’s Q1 2026 revenues were $16.9 million, which surpassed the guidance of $16.3 million – $16.7 million. For Q2 2026, Valens Semiconductor Ltd. (NYSE:VLN) expects revenues of between $17.2 million – $17.6 million, gross margin of 60% – 62%, and adjusted EBITDA loss of $4.9 million – $4.4 million.
In Audio-Video, Valens Semiconductor Ltd. (NYSE:VLN) is witnessing higher adoption of VS6320 and VS3000 chipsets, with additional products based on such chips being released in the market. In Automotive, the company is emphasizing on pushing the MIPI A-PHY ecosystem forward. In Q1 2026, Automotive revenues made up ~35% of total revenues at $5.9 million.
As of March 31, 2026, the company had cash, cash equivalents and short-term deposits of $86.1 million and no debt.
Valens Semiconductor Ltd. (NYSE:VLN) offers semiconductor products for the audio-video and automotive industries.
2. United Microelectronics Corporation (NYSE:UMC)
Stock Price: $17.2
Number of Hedge Fund Holders: 19
United Microelectronics Corporation (NYSE:UMC) is one of the Best Semiconductor Stocks to Buy Under $30. On May 14, the company announced the release of a 14nm embedded high-voltage (eHV) FinFET technology platform for display driver ICs. Notably, the process design kit is available for customer designs.
As compared to United Microelectronics Corporation (NYSE:UMC)’s 22nm process, the 14nm eHV FinFET platform sees up to 40% reduction in power consumption and 35% reduction in chip area. As a result, this will result in longer battery life and thinner driver modules for the premium smartphone models.
Notably, the company is the undisputed foundry leader in the broader OLED display driver IC market. Also, it is the only foundry providing the most advanced 22nm display driver IC solution. Furthermore, the new 14nm eHV platform reflects a significant step forward, with the company bringing FinFET technology to display drivers for the first time.
United Microelectronics Corporation (NYSE:UMC) operates as a semiconductor wafer foundry.
1. indie Semiconductor, Inc. (NASDAQ:INDI)
Stock Price: $4.19
Number of Hedge Fund Holders: 20
indie Semiconductor, Inc. (NASDAQ:INDI) is one of the Best Semiconductor Stocks to Buy Under $30. On May 11, the company announced that it had signed a definitive agreement for the acquisition of the fabless CMOS image sensor group from ams OSRAM AG. The total consideration stands at €40 million. The primary operations are in Belgium and Portugal, and the product line consists of intelligent, high‑performance CMOS image sensors for industrial, automation, and physical AI applications.
The portfolio of products, IP, and designs remains in line with indie Semiconductor, Inc. (NASDAQ:INDI)’s automotive ADAS sensing solutions. Also, it further bolsters the company’s multimodal sensing capabilities throughout radar, vision, LiDAR, and ultrasonic.
Through the integration of ams’ CMOS imagers with indie Semiconductor, Inc. (NASDAQ:INDI)’s sensor‑fusion hardware and perception software, the company can offer unparalleled sensing systems for the next‑generation autonomous machines. These include emerging applications like humanoid robots, cobots, and AMRs.
indie Semiconductor, Inc. (NASDAQ:INDI) is engaged in providing automotive semiconductors and software solutions for ADAS, autonomous vehicles, connected car, etc.
While we acknowledge the potential of INDI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INDI and that has 100x upside potential, check out our report about the cheapest AI stock.
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