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Taiwanese (TAIEX) Semiconductors Industry Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies300
  • 7D0.3%
  • 3M30.9%
  • 1Y82.3%
  • YTD19.0%

The Semiconductors is pretty flat in the last 7 days, but Macronix International has stood out, gaining 47%. The past year has been better, since the industry has gained 82% in that time. 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
Sun, 22 Mar 2026NT$64.3tNT$7.6tNT$2.1t37.6x30.5x8.4x
Tue, 17 Feb 2026NT$65.4tNT$7.6tNT$2.1t34.1x31.3x8.6x
Thu, 15 Jan 2026NT$58.2tNT$7.3tNT$1.9t33.4x30.3x7.9x
Sat, 13 Dec 2025NT$50.5tNT$7.3tNT$1.9t29.5x26.3x6.9x
Mon, 10 Nov 2025NT$49.0tNT$7.3tNT$1.9t32.5x25.6x6.7x
Wed, 08 Oct 2025NT$47.9tNT$7.1tNT$1.8t32.4x26.9x6.8x
Fri, 05 Sep 2025NT$40.0tNT$7.1tNT$1.8t30.7x22.5x5.7x
Sun, 03 Aug 2025NT$39.0tNT$7.1tNT$1.8t24.7x21.4x5.5x
Tue, 01 Jul 2025NT$36.7tNT$6.8tNT$1.7t25.5x21.9x5.4x
Thu, 29 May 2025NT$34.0tNT$6.7tNT$1.7t24.8x20.2x5x
Sat, 26 Apr 2025NT$31.7tNT$6.7tNT$1.7t22.5x18.8x4.8x
Mon, 24 Mar 2025NT$35.1tNT$6.4tNT$1.5t27.6x22.7x5.5x
Wed, 19 Feb 2025NT$38.4tNT$6.4tNT$1.5t30.7x25x6x
Fri, 17 Jan 2025NT$37.2tNT$6.1tNT$1.4t28.3x26.4x6.1x
Sun, 15 Dec 2024NT$37.4tNT$6.1tNT$1.4t30.4x26.6x6.1x
Tue, 12 Nov 2024NT$37.9tNT$6.1tNT$1.4t30.8x27x6.2x
Thu, 10 Oct 2024NT$36.0tNT$5.8tNT$1.3t29.4x28.1x6.2x
Sat, 07 Sep 2024NT$33.0tNT$5.8tNT$1.3t30x25.7x5.7x
Mon, 05 Aug 2024NT$32.5tNT$5.8tNT$1.3t29.1x25.4x5.6x
Wed, 03 Jul 2024NT$35.4tNT$5.5tNT$1.2t32x29.3x6.4x
Fri, 31 May 2024NT$31.7tNT$5.5tNT$1.2t31.9x26.3x5.7x
Sun, 28 Apr 2024NT$29.4tNT$5.5tNT$1.2t30.4x24.9x5.4x
Tue, 26 Mar 2024NT$29.8tNT$5.4tNT$1.2t30.4x25.6x5.6x
Thu, 22 Feb 2024NT$26.8tNT$5.4tNT$1.2t29.4x22.9x5x
Sat, 20 Jan 2024NT$24.9tNT$5.4tNT$1.2t25.8x20.1x4.7x
Mon, 18 Dec 2023NT$24.1tNT$5.4tNT$1.2t26.4x19.4x4.5x
Wed, 15 Nov 2023NT$23.0tNT$5.4tNT$1.2t22.4x18.4x4.3x
Fri, 13 Oct 2023NT$22.1tNT$5.6tNT$1.4t22.8x16x4x
Sun, 10 Sep 2023NT$21.4tNT$5.6tNT$1.4t23x15.5x3.9x
Tue, 08 Aug 2023NT$21.8tNT$5.7tNT$1.4t20.1x15.5x3.9x
Thu, 06 Jul 2023NT$22.6tNT$5.9tNT$1.5t19.7x14.9x3.9x
Sat, 03 Jun 2023NT$22.1tNT$5.9tNT$1.5t18.9x14.5x3.8x
Mon, 01 May 2023NT$20.0tNT$6.0tNT$1.6t16x12.7x3.3x
Wed, 29 Mar 2023NT$21.0tNT$6.1tNT$1.6t14.9x13x3.5x
Price to Earnings Ratio

13x


Total Market Cap: NT$21.0tTotal Earnings: NT$1.6tTotal Revenue: NT$6.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Semiconductors Industry Price to Earnings3Y Average 23.5x202420252026
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 30.5x which is higher than its 3-year average PE of 23.5x.
  • The 3-year average PS ratio of 5.5x 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 9.3% per year over the last three years.
  • Revenues for these companies have grown 7.9% 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 Market0.85%
Tech1.02%
Semiconductors0.27%
Semiconductor Equipment10.42%
Semiconductors-0.22%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 26.0x.
    • Analysts are expecting annual earnings growth of 40.2%, which is higher than its past year's earnings growth of 10.6% 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 23.9x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 20% 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
2337 Macronix InternationalNT$160.0047.5%
+NT$95.6b		639.0%PS10.3x
3653 Jentech Precision IndustrialNT$3.85k18.6%
+NT$87.6b		240.7%PE105.7x
6515 WinWay TechnologyNT$7.93k26.2%
+NT$59.3b		577.8%PE170.9x
3443 Global UnichipNT$2.65k15.8%
+NT$48.2b		126.1%PE94x
5274 ASPEED TechnologyNT$11.75k12.0%
+NT$47.4b		250.7%PE113.1x

Latest News

2330
NT$1,840.00
Taiwan Semiconductor Manufacturing
7D
-1.3%
1Y
89.3%

When the World Fractures, TSMC Matters More

Recent geopolitical developments (most notably escalating tensions in the Middle East, including the US' "brilliant" strikes on Iran 2026 by its "dear leader", alongside rising energy prices) introduce a more complex macro backdrop for TSMC. At first glance, higher oil prices and global uncertainty appear negative, implying demand risk and multiple compression.
5274
NT$11,750.00
ASPEED Technology
7D
12.0%
1Y
250.7%
3653
NT$3,850.00
Jentech Precision Industrial
7D
18.6%
1Y
240.7%
2408
NT$234.00
Nanya Technology
7D
-1.7%
1Y
424.7%

2408: Future Revenue Assumptions Will Likely Prove Unrealistically Optimistic

Analysts have raised their price target on Nanya Technology from NT$44.45 to NT$150.00, citing revised expectations for revenue growth, profit margins and future P/E assumptions. Valuation Changes Fair Value: revised from NT$44.45 to NT$150.00, taking the reference estimate to a little over 3x the earlier figure.
6526
NT$502.00
Airoha Technology
7D
-5.8%
1Y
-20.3%
2458
NT$136.00
ELAN Microelectronics
7D
-4.9%
1Y
-14.2%
4749
NT$875.00
Advanced Echem Materials
7D
-5.4%
1Y
54.6%
3260
NT$457.50
ADATA Technology
7D
27.3%
1Y
387.2%
6515
NT$7,930.00
WinWay Technology
7D
26.2%
1Y
577.8%
6548
NT$45.45
Chang Wah Technology
7D
-6.5%
1Y
28.2%
2454
NT$1,700.00
MediaTek
7D
-1.2%
1Y
14.9%

2454: Edge AI And Automotive Chips Will Support Future Upside Potential

Analysts have kept their fair value estimate for MediaTek steady at around NT$2,076, while slightly adjusting inputs such as the discount rate and assumed future P/E to reflect updated views on risk and long term earnings potential. What's in the News MediaTek, MiTwell and RGo Robotics introduced a visual real time localization solution for warehouses, logistics and industrial sites, using the Genio 720 edge AI platform to turn forklifts, robots, drones and other machines into perception enabled agents that share data across facilities (Key Developments).
6223
NT$3,860.00
MPI
7D
8.7%
1Y
436.1%
2303
NT$57.80
United Microelectronics
7D
-2.9%
1Y
28.4%

2303: Auto Partnerships And New Leadership Will Support Steady Long Term Returns

Analysts have raised their price target for United Microelectronics to NT$61.32 from NT$60.50, reflecting updated assumptions around revenue growth, profit margins, discount rates and future P/E. What's in the News The Board of Directors approved the appointment of Co President Jason Wang as the new Chief Executive Officer, signaling a leadership change at the top level of the company (Key Developments).
2337
NT$160.00
Macronix International
7D
47.5%
1Y
639.0%
3443
NT$2,645.00
Global Unichip
7D
15.8%
1Y
126.1%
6770
NT$75.50
Powerchip Semiconductor Manufacturing
7D
17.4%
1Y
323.0%