Why These 15 Semiconductor Stocks Have Been Plunging So Far in 2025

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8. SkyWater Technology Inc (NASDAQ:SKYT)

Number of Hedge Fund Holders In Q4 2024: 19

SkyWater Technology Inc (NASDAQ:SKYT) is a pure-play tech foundry in the semiconductor manufacturing sector.

The stock is down significantly so far in 2025, as it projected Q1 2025 revenue between $59 million and $63 million. This is a very weak guidance and would lead to a sequential decline of 21% from Q4 2024.

Moreover, while Advanced Technology Services (ATS) revenue grew by 13%, Wafer Services revenue declined by 56% to $26.9 million. This shift toward higher-margin ATS services has yet to offset the overall revenue decline in traditional wafer services, so investors are concerned that the company can’t deliver solid earnings.

The consensus price target of $12 implies 43.88% upside.

SKYT stock is down 36.66% year-to-date.

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