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Taiwanese (TAIEX) Semiconductors Industry Analysis

UpdatedJan 30, 2026
DataAggregated Company Financials
Companies298
  • 7D3.9%
  • 3M24.2%
  • 1Y58.2%
  • YTD15.8%

Over the last 7 days, the Semiconductors industry has risen 6.2%, driven by gains from Taiwan Semiconductor Manufacturing of 2.6%. During this same period, the AP Memory Technology underperformed, falling 6.9%. In the last 12 months, the industry was up 60%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the Taiwanese Semiconductors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 30 Jan 2026NT$62.5tNT$7.5tNT$2.1t34.5x30x8.3x
Sun, 28 Dec 2025NT$51.5tNT$7.3tNT$1.9t29.4x26.8x7x
Tue, 25 Nov 2025NT$46.3tNT$7.3tNT$1.9t27.2x24.1x6.3x
Thu, 23 Oct 2025NT$48.7tNT$7.3tNT$1.9t32.8x25.5x6.7x
Sat, 20 Sep 2025NT$43.5tNT$7.1tNT$1.8t31.1x24.4x6.2x
Mon, 18 Aug 2025NT$40.2tNT$7.1tNT$1.8t29.2x22.6x5.7x
Wed, 16 Jul 2025NT$38.2tNT$6.8tNT$1.7t24.2x22.7x5.7x
Fri, 13 Jun 2025NT$36.3tNT$6.8tNT$1.7t25.3x21.6x5.4x
Sun, 11 May 2025NT$33.3tNT$6.7tNT$1.7t24x19.8x5x
Tue, 08 Apr 2025NT$30.3tNT$6.4tNT$1.5t22.3x19.6x4.7x
Thu, 06 Mar 2025NT$36.5tNT$6.4tNT$1.5t29.5x23.7x5.7x
Sat, 01 Feb 2025NT$39.4tNT$6.4tNT$1.5t29.1x25.5x6.2x
Mon, 30 Dec 2024NT$38.3tNT$6.1tNT$1.4t29.1x27.2x6.2x
Wed, 27 Nov 2024NT$35.8tNT$6.1tNT$1.4t31.2x25.4x5.8x
Fri, 25 Oct 2024NT$37.2tNT$6.0tNT$1.4t31.7x26.6x6.2x
Sun, 22 Sep 2024NT$34.5tNT$5.8tNT$1.3t30.3x26.9x6x
Tue, 20 Aug 2024NT$35.0tNT$5.8tNT$1.3t29.5x27.3x6x
Thu, 18 Jul 2024NT$37.3tNT$5.5tNT$1.2t32.1x30.9x6.7x
Sat, 15 Jun 2024NT$34.4tNT$5.5tNT$1.2t31.4x28.5x6.2x
Mon, 13 May 2024NT$30.0tNT$5.5tNT$1.2t30.5x25.1x5.4x
Wed, 10 Apr 2024NT$30.9tNT$5.4tNT$1.2t31.2x26.5x5.8x
Fri, 08 Mar 2024NT$29.6tNT$5.4tNT$1.2t29.1x25.4x5.5x
Sun, 04 Feb 2024NT$25.4tNT$5.3tNT$1.2t27.2x21.8x4.8x
Tue, 02 Jan 2024NT$24.4tNT$5.4tNT$1.2t26.8x19.7x4.6x
Thu, 30 Nov 2023NT$23.5tNT$5.4tNT$1.2t26.5x19x4.4x
Sat, 28 Oct 2023NT$21.3tNT$5.4tNT$1.3t22.4x16.7x3.9x
Mon, 25 Sep 2023NT$21.0tNT$5.6tNT$1.4t22.4x15.3x3.8x
Wed, 23 Aug 2023NT$20.9tNT$5.6tNT$1.4t21.5x15.1x3.7x
Fri, 21 Jul 2023NT$22.5tNT$5.9tNT$1.5t19.8x14.9x3.8x
Sun, 18 Jun 2023NT$23.1tNT$5.9tNT$1.5t20x15.2x3.9x
Tue, 16 May 2023NT$19.7tNT$5.9tNT$1.6t16.5x12.6x3.3x
Thu, 13 Apr 2023NT$21.0tNT$6.1tNT$1.6t16.5x13x3.5x
Sat, 11 Mar 2023NT$20.5tNT$6.1tNT$1.6t14x12.7x3.4x
Mon, 06 Feb 2023NT$21.1tNT$6.1tNT$1.7t12.8x12.6x3.4x
Price to Earnings Ratio

12.6x


Total Market Cap: NT$21.1tTotal Earnings: NT$1.7tTotal Revenue: NT$6.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Semiconductors Industry Price to Earnings3Y Average 22.7x202420252026
Current Industry PE
  • Investors are optimistic on the Taiwanese Semiconductor industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.3x which is higher than its 3-year average PE of 22.6x.
  • The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 8.4x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 7.3% per year over the last three years.
  • Revenues for these companies have grown 6.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Taiwanese Tech industry?

TW Market2.49%
Tech3.00%
Semiconductors3.85%
Semiconductors3.88%
Semiconductor Equipment3.08%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 24.0x.
    • Analysts are expecting annual earnings growth of 35.5%, which is higher than its past year's earnings growth of 8.1% per year.
  • Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 23.1x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 8.1% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2330 Taiwan Semiconductor ManufacturingNT$1.79k1.1%
+NT$518.7b		57.7%PE27x
2454 MediaTekNT$1.76k7.7%
+NT$199.5b		19.8%PE26.4x
2408 Nanya TechnologyNT$326.5020.3%
+NT$170.4b		984.7%PE153.2x
2344 Winbond ElectronicsNT$132.5028.6%
+NT$132.8b		823.3%PS7.3x
8299 Phison ElectronicsNT$2.43k21.3%
+NT$88.4b		412.7%PE77.6x

Latest News

3443
NT$2,660.00
Global Unichip
7D
-2.4%
1Y
101.5%
2303
NT$62.50
United Microelectronics
7D
-3.5%
1Y
55.5%
3034
NT$373.50
Novatek Microelectronics
7D
-5.0%
1Y
-28.7%
2454
NT$1,755.00
MediaTek
7D
7.7%
1Y
19.8%
2337
NT$93.20
Macronix International
7D
34.5%
1Y
385.4%
3529
NT$1,830.00
eMemory Technology
7D
20.4%
1Y
-45.9%
8299
NT$2,425.00
Phison Electronics
7D
21.3%
1Y
412.7%
3711
NT$299.00
ASE Technology Holding
7D
-2.8%
1Y
68.9%

3711: Modest Multiple Assumptions Will Sustain Overvaluation Despite Steady Margins

Analysts have nudged their price target for ASE Technology Holding higher, with fair value moving from US$266.76 to US$269.54. This reflects updated views on its discount rate, revenue growth, profit margin and expected future P/E.
2379
NT$485.50
Realtek Semiconductor
7D
-4.2%
1Y
-10.4%

2379: Edge AI Remote Collaboration Will Support Higher Future Earnings Multiples

Analysts have trimmed their fair value estimate for Realtek Semiconductor from NT$599.31 to NT$597.00, reflecting slightly higher discount rate assumptions and more measured views on revenue growth and profit margins, while maintaining a similar future P/E outlook. What's in the News Realtek Semiconductor and AONDevices announced a collaboration to develop a next generation Voice Smart Remote using the AON1100 M3 processor, AONx360 Base, AONx360 Pro, and Realtek's BLE chipset and cloud streaming software stack, targeting super low power Edge AI use cases.
3661
NT$3,155.00
Alchip Technologies
7D
-8.0%
1Y
0.8%

3661: Future AI Accelerator Partnership And 2026 Revenue Outlook Will Drive Balanced Prospects

Analysts have raised their price target for Alchip Technologies from US$2,480 to US$3,495, citing updated assumptions that combine a higher projected revenue growth rate with a lower profit margin outlook and a higher future P/E multiple. What's in the News Alchip and d-Matrix are co-developing what they describe as the world's first 3D DRAM-based datacenter inference accelerator, targeting performance and cost bottlenecks in current AI infrastructure (Key Developments).
2408
NT$326.50
Nanya Technology
7D
20.3%
1Y
984.7%
6770
NT$69.40
Powerchip Semiconductor Manufacturing
7D
18.6%
1Y
247.9%
6488
NT$499.00
GlobalWafers
7D
-5.5%
1Y
45.9%

6488: Modest Assumption Tweaks Will Sustain Cautious Overvaluation Concern

Analysts have kept their price target for GlobalWafers steady at $400.0, citing only modest adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions that did not justify a change in headline valuation. What's in the News Board meeting scheduled for November 4, 2025, with an agenda to approve GlobalWafers Co., Ltd.'s financial statements for the third quarter ended September 30, 2025 (Key Developments).
2330
NT$1,790.00
Taiwan Semiconductor Manufacturing
7D
1.1%
1Y
57.7%

2330: AI Packaging Constraints Will Support Multi Year Upside From Surging Demand

Analysts have lifted their price targets on Taiwan Semiconductor Manufacturing, with our fair value estimate moving from US$1,804.80 to US$2,151.61. They point to stronger modeled revenue growth, slightly higher profit margins, and a modestly lower future P/E assumption supported by recent target hikes from multiple research firms.
2344
NT$132.50
Winbond Electronics
7D
28.6%
1Y
823.3%
6526
NT$434.00
Airoha Technology
7D
-7.8%
1Y
-36.2%