Why These 15 Semiconductor Stocks Are Skyrocketing So Far In 2025

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1. ACM Research (NASDAQ:ACMR)

Number of Hedge Fund Holders In Q3 2024: 23

ACM Research (NASDAQ:ACMR) manufactures advanced wafer processing equipment for semiconductors.

The stock has surged so far in 2025 due to a short seller posting a bullish report about the company. Kerrisdale Capital announced a long position, projecting ACMR as the “ultimate 10-bagger.” This is because ACMR trades at 1.1x 2025 revenue vs. peers at 5 to 8x. Kerrisdale estimates a base case of $3 billion+ revenue and $10 billion+ market cap by 2028.

Moreover, ACMR owns 82% of ACM Shanghai, which trades at a $5.9 billion valuation on the Shanghai STAR Market, implying a $4.9 billion valuation for ACMR vs. its $1.1 billion cap pre-report.

The consensus price target of $30 implies 43.29% upside.

ACMR stock is up 37.76% year-to-date.

While we acknowledge the potential of ACMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ACMR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Why These 15 Healthcare Stocks Are Skyrocketing So Far In 2025 and Why These 15 Mining Stocks Are Skyrocketing So Far In 2025

Disclosure: None. This article was originally published at Insider Monkey.

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