10 Best Semiconductor Penny Stocks To Invest In Right Now

7. Amtech Systems, Inc. (NASDAQ:ASYS)

Price as of March 5: $4.96

Number of Hedge Fund Holders In Q4 2024: 8

Amtech Systems, Inc. (NASDAQ:ASYS) manufactures equipment and consumables for semiconductor fabrication and packaging. Its products are used in fabricating semiconductor devices like silicon carbide (SiC).

On February 5, 2025, Amtech Systems, Inc. (NASDAQ:ASYS) reported financial results that exceeded the high end of management’s guidance. The net revenue came in at $24.4 million, a 1% increase from the previous quarter, though slightly down 2% from the same period last year. More impressively, the company reported GAAP net income of $0.3 million, or $0.02 per diluted share. This is a substantial improvement from the GAAP net loss of $0.5 million in the preceding quarter and the $9.4 million loss in the first quarter of fiscal 2024.

Operationally, the company is working on several angles to increase efficiency. It implemented several cost optimization initiatives, which resulted in a $1.8 million year-over-year increase in adjusted EBITDA. Also, Selling, General & Administrative expenses decreased by $0.7 million from the previous quarter and $0.5 million compared to the same period last year.

Management is convinced that the cost optimizations, coupled with strong long-term growth drivers like AI infrastructure investments will set the company on pace to create meaningful value for investors. This is why the stock is number 7 in our list of the 10 Best Semiconductor Penny Stocks To Invest In Right Now.