Himax Technologies: Cheap Semiconductor Stock
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Is Himax Technologies, Inc. (HIMX) the Cheap Semiconductor Stock to Buy Now?
85% Informative
Himax Technologies, Inc. (NASDAQ:HIMX) is a Taiwan -based semiconductor firm specializing in display and imaging technologies.
Himax reported annual revenue of $2.2 million , with Q4 revenue at $236.5 million , down 4.5% year-over-year .
The semiconductor industry has been experiencing a recent wave of surging demand, technological innovation, and shifting macroeconomic dynamics.
Himax Technologies, Inc. (NASDAQ:HIMX) announced a strategic MoU with Tata Electronics and PSMC to build India ’s display and AI sensing ecosystem.
HIMX ranks 9th on our list of cheap semiconductor stocks to buy now.
Analysts remain bullish with a “Buy” rating and a $ 15.00 median price target, suggesting a potential 112% upside.
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