Top 5 ASX semiconductor shares to watch in 2025

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4. 4DS Memory Limited (ASX: 4DS)

Market cap: A$22.67 million9

4DS Memory is another ASX-listed company developing next-generation memory technology, specifically non-volatile ReRAM designed for high-density data storage. The company works closely with research partners to advance its memory cell technology, with the goal of eventually integrating it into high-performance computing systems and data-centre applications.

One of 4DS’s key strengths is the strategic importance of memory in global computing. With AI, cloud computing and data-heavy industries expanding rapidly, demand for better, faster memory has never been higher. If 4DS’s technology can demonstrate superior performance or cost advantages, it may attract commercial interest from major manufacturers.

From a share trader standpoint, it’s a speculative, high-potential share that depends heavily on technical milestones, partner results and external validation. The company has historically had limited revenue, and like many peers, it experiences ongoing R&D-related cash burn.

Highlights:

  • Another company on our list that CFD traders might find particularly attractive, due to its volatility levels. Even small research updates can drive double-digit moves, making it a momentum-driven stock for active traders
  • The company’s opportunity lies in its exposure to a critical segment of the semiconductor industry (memory), but the risks also fall under commercial uncertainty and capital requirements