5 Cheap Semiconductor Stocks to Invest In Today

3. ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Number of Hedge Fund Holders: 5  

Share Price as of December 15: $32.21   

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) markets semiconductor assembly and testing services. On December 10, the company revealed revenue figures for the month of November, reporting a 9 year-on-year increase in revenue. 

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) stock stands to benefit from the increase in demand for semiconductors in 2022 as production interruptions become less frequent and business resumes full throttle. 

At the end of the third quarter of 2021, 5 hedge funds in the database of Insider Monkey held stakes worth $56 million in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS), up from 2 in the preceding quarter worth $55 million.