5 Best Up and Coming Semiconductor Stocks to Buy

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1. Navitas Semiconductor Corporation (NASDAQ:NVTS)

On April 15, Navitas Semiconductor Corporation (NASDAQ:NVTS) saw bullish options activity, with elevated call volumes and rising implied volatility ahead of its upcoming earnings report, signaling growing investor interest and expectations for potential upside catalysts. Increased options activity often reflects confidence in near-term developments, particularly in high-growth sectors such as power semiconductors.

On April 7, 2026, Navitas Semiconductor Corporation (NASDAQ:NVTS) expanded its board of directors, appointing industry veteran Gregory M. Fischer, whose appointment was publicly announced on April 13. Fischer brings over four decades of semiconductor leadership experience, including senior roles at Broadcom, and is expected to provide strategic guidance as Navitas scales its operations and product portfolio.

Navitas Semiconductor Corporation (NASDAQ:NVTS) is a leader in next-generation power semiconductors, focusing on gallium nitride (GaN) and silicon carbide (SiC) technologies that enable faster, more efficient power conversion. Founded in 2014 and headquartered in Torrance, California, the company went public in 2021. Its technologies are critical for high-growth applications, including electric vehicles, renewable energy systems, fast charging, and data centers. As global demand for energy efficiency intensifies and electrification trends accelerate, Navitas is positioned at the center of a multi-decade shift toward advanced power solutions.

While we acknowledge the potential of NVTS as the best up and coming semiconductor stocks to buy, 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 NVTS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Strong Buy AI Stocks to Invest In Now and 10 High-Flying AI Stocks to Buy.

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