This Expensive Chip Stock Is Up 140%, Analysts Say It's Still a Buy

This might be the first time many of our readers have heard of Lattice Semiconductor Corporation (NASDAQ: LSCC), as it’s not exactly a name dominating headlines in the semiconductor space. Sure, it might not have the scale of NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices, Inc (NASDAQ: AMD), but over the past year, it’s quietly become one of the best-performing chip stocks in the market.

Its shares are currently trading in the $80-$100 range, having pulled back somewhat over the past week, in line with broader equities. However, that dip has done little to dent the broader trend, with the stock up near 140% since its April  2025 lows. In today’s market, that kind of performance tends to come with a catch, and in Lattice’s case, it’s valuation.