Three Semiconductor Stocks Flashing Bullish Signals Amid Tech Sector Surge

Three semiconductor stocks, Silicon Motion Technology Corp. (SIMO), SkyWater Technology Inc. (SKYT), and Tower Semiconductor Ltd. (TSEM), have entered the top 10% momentum percentile, signaling strong price strength and volatility compared to industry peers. SIMO has risen 67.15% YTD, SKYT by 12.84%, and TSEM by 32.94%. While Nvidia Corp. (NVDA) and Arm Holdings PLC ADR (ARM) face valuation scrutiny, these three chipmakers are standout performers.

Three semiconductor stocks, Silicon Motion Technology Corp. (SIMO), SkyWater Technology Inc. (SKYT), and Tower Semiconductor Ltd. (TSEM), have recently entered the top 10% momentum percentile, indicating strong price strength and volatility compared to industry peers. This significant achievement comes as prominent chip names like Nvidia Corp. (NVDA) and Arm Holdings PLC ADR (ARM) face heightened scrutiny over their valuations.

SIMO, a leading designer and marketer of NAND flash controllers for solid-state storage devices, has risen 67.15% year-to-date (YTD) and 60.40% over the past year. The stock entered the top decile with a week-on-week momentum percentile increase, moving from 89.93 to 90.15 Forget Nvidia And Arm, These 3 Chip Stocks Are Flashing Bullish Signals^[3]. This modest gain of 0.22 points signifies a notable improvement in price action relative to peers.

SkyWater Technology Inc. (SKYT) has seen an even more dramatic surge, leaping from the 78.69th percentile to 91.81 in the latest weekly reading. This 13.12-point surge underscores extremely strong buying interest and a distinct improvement in price action relative to peers. SKYT is up 12.84% YTD and 69.45% over the past year Forget Nvidia And Arm, These 3 Chip Stocks Are Flashing Bullish Signals^[3].

Tower Semiconductor Ltd. (TSEM) also made significant strides, with its percentile score rising from 89.81 to 90.15, a week-on-week improvement of 0.34 points. This gain signals ongoing accumulation and market confidence in Tower's operations. TSEM advanced 32.94% YTD and 58.67% over the past year Forget Nvidia And Arm, These 3 Chip Stocks Are Flashing Bullish Signals^[3].

While Nvidia Corp. (NVDA) and Arm Holdings PLC ADR (ARM) face valuation scrutiny, these three chipmakers are standout performers. Their strong momentum suggests that investors should keep an eye on these stocks as the broader tech sector surges.