5 Semiconductor Stocks to Buy Under $50

3. ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Number of Hedge Fund Holders: 5

Share Price (as of March 1): $36.05

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) is a Taiwanese company that offers semiconductor testing and packaging solutions, as well as high-integration and high-precision integrated circuits. As of March 1, ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) saw its share price gain 32.39% in the last 12 months, and 2.62% year to date.

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) has enjoyed the recent boom in the semiconductor market, and its revenue for 2021 was $987.7 million, up 19.1% year-on-year. Fourth-quarter revenue stood at $244.8 million, also posting a healthy increase of 7.6% from the prior-year period.

5 hedge funds had long positions in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) at the close of the fourth quarter, holding stakes with a combined value of $57.6 million. The same number of hedge funds held stakes in the chipmaker in the previous quarter.