5 Undervalued Semiconductor Stocks To Buy Now

3. Amkor Technology, Inc. (NASDAQ:AMKR)

PE Ratio (TTM) as of April 14: 7.77

Number of Hedge Fund Holders: 25

Amkor Technology, Inc. (NASDAQ:AMKR) is an American provider of semiconductor packaging and test services. The stock is ranked high among the best cheap semiconductor stocks to buy now. As of April 14, Amkor Technology, Inc. (NASDAQ:AMKR) has a trailing twelve-month PE ratio of 7.77 and has returned 35.67% to investors over the past 6 months.

At the close of the fourth quarter of 2022, 25 hedge funds were long Amkor Technology, Inc. (NASDAQ:AMKR) and held collective positions worth $214 million in the company. Of those, SW Investment Management was the top investor in the company and held a stake worth $71 million.

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