Group 1 - GCT Semiconductor Holding, Inc. (NYSE:GCTS) is recognized as one of the best semiconductor penny stocks to buy, with a Buy rating and a price target of $3 from H.C. Wainwright [1] - The company reported its first commercial shipment of a 5G chipset to lead customers, marking a significant milestone in its revenue growth trajectory for 5G [2] - The launch of GoGo's 5G air-to-ground network is expected to enhance demand for GCT Semiconductor's 5G technology, positioning the company for expanded commercialization and market penetration in 2026 and beyond [3] Group 2 - CEO John Schlaefer noted positive customer feedback and strong interest in various 5G applications, indicating a robust market response to the company's offerings [4]
GCT Semiconductor (GCTS) Starts Commercial 5G Shipments, H.C. Wainwright Stays Bullish