5 Best Small-Cap Semiconductor Stocks to Buy Right Now

​4. Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Market Cap: $1.32 billion

Number of Hedge Fund Holders: 20

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) is one of the Best Small-Cap Semiconductor Stocks to Buy Right Now. Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has gained more than 122% year-to-date and more than 17% since the company’s fiscal Q3 2026 earnings release on May 7.

​During the quarter, the company posted $163.79 million in revenue, ahead of the expected $160.08 million. The company is accelerating investments in higher-value power management solutions for AI servers and data centers to capture growing content gains in premium segments.

​Recently, on June 25, Lake Street initiated coverage of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) with a Buy rating and a $58 price target. The firm noted the company to be an undervalued AI player and argued that despite having a growing presence in AI data centers, the stock trades at a meaningful discount compared to its power semiconductor peers.

​As a pure-play power semiconductor company, AOSL is directly exposed to the surging demand for power management solutions in AI infrastructure. Lake Street highlights that the company’s AI data center business is expanding and that overall growth is reaccelerating.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) is involved in the design, development, and supply of power semiconductor products for computing, communication, consumer electronics, and industrial applications. Its operations are divided into the following geographical segments: Hong Kong, China, South Korea, the United States, and Other Countries.