Best Semiconductor ASX Companies
Modern technology is built on semiconductors, sometimes referred to as "microchips or integrated circuit chips."
Over the coming decades, the semiconductor industry will propel the development of numerous products. This is due to the fact that the growing demand for processors, sensors, and memory devices that are used in almost every industry is being powered by the next generation of semiconductors. Consider big data, artificial intelligence, computing and storage, mobility, and other industries and consumer electronics.
Foundries, sometimes known as "fabs," capital equipment suppliers, integrated device manufacturers (IDM), manufacturers of memory and microprocessors (MPUs), and fabless businesses are the best examples of semiconductor companies.
Let’s look at some of the ASX companies involved in the semiconductor space.
Source: Australian government, Department of foreign affairs and trade
[Note]: The market cap and the share price of the selected ASX companies below are mentioned as of 10 January 2024.
Weebit Nano Limited (ASX: WBT)
Market Cap: $690.23 million
CMP: $3.67
Sector: Technology
• The company announced on 6 November 2023, that it had received its first IP licencing revenue for its embedded Resistive Random-Access Memory (ReRAM) technology. This allowed the company to fulfil its previously set targets to achieve its first revenues in the calendar year 2023, with other product negotiations and evaluations currently ongoing and progressing with some of the world’s leading foundries, integrated device manufacturers (IDMs), and semiconductor companies. Weebit could also possibly see additional revenues within the calendar year.
Archer Materials Limited (ASX: AXE)
Market Cap: $96.84 million
CMP: $0.38
Sector: Technology
• Archer Materials Limited is a technology company that is involved in the semiconductor industry. The company is developing advanced semiconductor devices along with chips relevant to quantum computing and medical diagnostic purposes. The company emphasized the core of its biochip technology, the gFET. This more advanced design not only improves the chip’s detection and control abilities for multiple diseases from one single chip, but it also extends its use time and expedites the process for commercialization.
• The strategic partnerships within the semiconductor supply chain and the company’s new foundry partner's new gFET design represent a key step in the path to commercializing the biochip.
Bluglass Limited (ASX: BLG)
Market Cap: $85.21 million
CMP: $0.055
Sector: Technology
• BluGlass made advancements in product and technological development during the year while also maintaining its focus on marketability and customer engagement. This has enabled the company to set up potentially highly fruitful collaborations with some leading industries, research institutes, and start-ups. These collaborations are expected to result in the discovery of additional real-world applications for the company’s products, providing an exceptional boost to its commercial capabilities.
• The company’s RPCVD technology, already finding use and validation in the manufacture of semiconductors (semiconductor materials), has improved its existing market position with the CLAWS Hub partnership, deriving financial support from the Department of Defence while also potentially standing to make further technological advancements through collaborations with other Hub members.
Revasum Inc. (ASX: RVS)
Market Cap: $14.09 million
CMP: $0.11
Sector: Technology
Revasum focused a considerable amount of their efforts during the calendar year in the reorganization that eventually resulted in a substantial decline in the operating expenses. The positive response from many of the world’s leading wafer and device manufacturers for the 6EZ Silicon Carbide Polisher could also be a key value catalyst, considering the value the system provides to the manufacturers. The primary quality being the quality of wafers being produced in a lower cost per wafer along with potential device yield improvements.
4DS Memory Limited (ASX: 4DS)
Market Cap: $131.18 million
CMP: $0.075
Sector: Technology
With headquarters in Silicon Valley, 4DS Memory Limited (ASX: 4DS) is a semiconductor development company that specializes in non-volatile memory technology. It was the first to introduce Interface Switching ReRAM, which is the next generation of gigabyte storage for cloud and mobile applications. Since its founding in 2007, 4DS has accumulated a portfolio of patented intellectual property, including 34 granted USA patents for internal development of high-density Storage Class Memory. A joint development agreement between 4DS and HGST, a leading global storage company and Western Digital subsidiary, speeds up the advancement of 4DS technology. Additionally, 4DS works with imec, a preeminent global center for nanoelectronics and digital technology research and innovation.
Reference:- *All Data has been sourced from Company announcements and Refinitiv, Thomson Reuters
Frequently Asked Questions (F.A.Q)
Can Australia produce semiconductors?
While the Australian semiconductor industry is small by comparison, Australian businesses and entrepreneurs have the opportunity to support the industry's local growth and respond to growing global demand and investment.
What are the top 3-semiconductor ASX stocks?
• Weebit Nano Limited (ASX: WBT) has a market cap of $690.23 million.
• Bluglass Limited (ASX: BLG) has a market cap of $85.21 million.
• Archer Materials Limited (ASX: AXE) has a market cap of $96.84 million.
Does the Australian government offer any assistance to the semiconductor industry?
Australia is forging its own unique identity in the global microchip industry with the aid of the Semiconductor Bureau. Australia has launched a few financial initiatives to help the domestic semiconductor industry expand. For instance, eligible research and development activities carried out by Australian businesses are eligible for an annual cash rebate through the Australian Tax Office's Research and Development Tax Incentive.
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