5 Most Buzzing AI Semiconductor Stocks to Buy in 2026

2. ASE Technology Holding Co., Ltd. (NYSE:ASX)

Stock Upside Potential: 39.20%

Number of Hedge Fund Holders: 18

ASE Technology Holding Co., Ltd. (NYSE:ASX) is one of the most buzzing AI semiconductor stocks to buy in 2026. On April 29, ASE Technology Holding Co., Ltd. (NYSE:ASX) delivered solid first-quarter 2026 financial results characterized by growth in packaging testing and EMS operations.

Net revenue was up 17.2% to NT$173.66 billion, while net income increased to NT$14.14 billion from NT$7.554 billion in 1Q25. The robust revenue growth was driven by a 29.7% year-over-year increase in ATM segment revenue to NT$112.43 billion, which helped offset a 0.7% decline in EMS revenue to NT$61.88 billion.

On the other hand, net revenues from packaging operations accounted for 51% of total revenues, with testing operations accounting for 12%, EMS operations for 36%, and others for 1%. Diluted earnings per share for the quarter also improved to NT$3.08 (or US$0.195 per ADS), compared to NT$1.64 for 1Q25. Gross margin improved to 20.1% from 19.5% in the prior quarter.

ASE Technology Holding Co., Ltd. (NYSE:ASX) is the world’s largest independent provider of semiconductor manufacturing services, specializing in outsourced assembly and testing (OSAT). The company packages silicon wafers into finished, protected microchips and offers full electronic manufacturing services, acting as a crucial supply chain partner for global tech and electronics brands.

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