5 Best Small-Cap Semiconductor Stocks to Buy Right Now

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In this piece we will look at the 5 Best Small-Cap Semiconductor Stocks to Buy Right Now. Please visit 8 Best Small-Cap Semiconductor Stocks to Buy Right Now if you’d like to see an extended list and how we came up with the list of Best Small-Cap Semiconductor Stocks to Buy Right Now.

5. CEVA, Inc. (NASDAQ:CEVA)

Market Cap: $1.18 billion

Number of Hedge Fund Holders: 19

CEVA, Inc. (NASDAQ:CEVA) is one of the Best Small-Cap Semiconductor Stocks to Buy Right Now. Recently, on June 15, Needham initiated CEVA, Inc. (NASDAQ:CEVA) with a Buy rating and a $55 price target.

5 Best Small-Cap Semiconductor Stocks to Buy Right Now

​The stock has gained roughly 4% over the past month, mainly due to the strong momentum from Q1 2026 earnings. The company witnessed licensing growth during the quarter and also raised the full-year guidance to the top end of its 8% to 12% growth range.

Needham sees CEVA as an attractive play on the emerging Physical AI sector. The firm believes that Physical AI requires a much broader set of semiconductors beyond just compute and memory. The company is well positioned in this sector and holds a 68% global market share in wireless connectivity, alongside strong positions in sensing and DSP/NPU technology.

​Needham acknowledges that widespread Physical AI adoption is likely still more than two years away, but remains bullish on the stock, expecting significant upside in the near-term.

CEVA, Inc. (NASDAQ:CEVA) delivers silicon and software IP that facilitates smart edge devices to connect, sense, and process data. Established in 1999, the company is based in Rockville, Maryland.

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