12 Small-Cap Semiconductor Stocks to Buy Now

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4. ACM Research Inc. (NASDAQ:ACMR)

Market Capitalization: $1.4 billion

Number of Hedge Funds: 23

ACM Research Inc. (NASDAQ:ACMR) is a provider of advanced semiconductor equipment, specializing in wet processing technology and products for the semiconductor manufacturing industry. The company’s product portfolio includes equipment for critical processes such as cleaning, etching, and surface treatment, which are essential for producing high-performance chips.

On January 14, 2025, ACM Research Inc. (NASDAQ:ACMR) updated its 2024 guidance and provided an initial revenue outlook for 2025. The company raised its FY 2024 revenue guidance to a range of $755 million to $770 million, compared to the previous range of $725 million to $745 million provided with the Q3 2024 earnings results release. For 2025, it expects full-year revenue to be between $850 million and $950 million, implying a growth of around 25% year-over-year. Management believes that the impact of new U.S. component export restrictions on its tool production and supply chain in Shanghai is manageable. On the same day, Roth MKM analyst reiterated his Buy rating on ACM Research Inc. (NASDAQ:ACMR) and raised the price target to $25 from $20. The analyst was encouraged by the fact that the newly provided revenue growth guidance of +12%-25% YoY for 2025 indicates continued growth despite increased uncertainty from trade restrictions.

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