5 High Return Semiconductor Stocks to Buy Now

4. Diodes Incorporated (NASDAQ:DIOD)

On May 12, 2026, Diodes Incorporated (NASDAQ:DIOD) announced that Keh-Shew Lu retired as Chairman of the Board, effective immediately, after more than 25 years with the company. The Board of Directors elected Angie Chen Button to serve as Chairwoman of the Board.

On May 8, 2026, Truist analyst William Stein raised the firm’s price target on Diodes Incorporated (NASDAQ:DIOD) to $139 from $98 and kept a Buy rating on the shares. The firm said the company’s cyclical recovery continues, supported by an above-seasonal Q1 performance and modestly above-seasonal Q2 guidance. Truist also noted that lead times are beginning to extend while inventories continue declining.

Earlier in May, Diodes Incorporated (NASDAQ:DIOD) reported Q1 adjusted EPS of 43c, versus the consensus estimate of 33c. Revenue totaled $405.5M, versus the consensus estimate of $395M. President and CEO Gary Yu said first-quarter revenue increased 22% year over year and 3.5% sequentially, reflecting continued demand recovery across automotive, industrial, and AI server-related applications. Yu added that the quarter marked the company’s fifth consecutive period of double-digit year-over-year growth and its strongest growth rate since Q4 2021. Europe led regional growth, supported by rising automotive opportunities and improving industrial demand.

Diodes Incorporated (NASDAQ:DIOD) develops and supplies semiconductor products across Asia, the Americas, and Europe.

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