12 Small-Cap Semiconductor Stocks to Buy Now

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9. Ichor Holdings Ltd. (NASDAQ:ICHR)

Market Capitalization: $1.1 billion

Number of Hedge Funds: 17

Ichor Holdings Ltd. is a designer, engineer, and manufacturer of critical fluid delivery subsystems and components for the semiconductor capital equipment industry. The company specializes in advanced subsystems that facilitate the efficient transport of gases and liquids used in semiconductor fabrication processes. It also provides precision-machined components, weldments, electron beam (e-beam) and laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products.

On February 4, Ichor Holdings Ltd. (NASDAQ:ICHR) reported its Q4 2024 results. The company achieved revenue of $233 million, marking a 10.5% quarter-on-quarter (QoQ) increase, which was at the upper end of its November guidance range. The adjusted gross margin stood at 12.0%, and net income was $2.8 million, translating to an adjusted EPS of $0.08. CEO Jeff Andreson highlighted the 10% sequential revenue growth in Q4 and expressed optimism for another quarter of growth in Q1 2025. Despite cost headwinds impacting Q4’s gross margin, the company anticipates significant improvement in 2025. Andreson also noted a strengthened customer demand profile, indicating a robust business environment for leading-edge foundry and logic investments, along with a recovery in overall memory investments.

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