Should You Invest in Magnachip Semiconductor Corporation (MX)? Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 14.74% was recorded by the fund’s investor class for the Q1 of 2021, trailing the benchmark, Russell Microcap® Index, which leapt 23.89% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Wasatch Micro Cap Value Fund, in its Q1 2021 investor letter, mentioned Magnachip Semiconductor Corporation (NYSE: MX), and shared their insights on the company. Magnachip Semiconductor Corporation is a Cheongju-si, South Korea-based semiconductor manufacturing company that currently has a $1.1 billion market capitalization. Since the beginning of the year, MX delivered a 77.66% return, extending its 12-month gains to 116.79%. As of May 10, 2021, the stock closed at $24.02 per share.