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U.S. Semiconductors Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies117
  • 7D9.1%
  • 3M41.1%
  • 1Y98.5%
  • YTD30.9%

The Semiconductors industry is up 9.1% in the last week, with NVIDIA up 17%. This takes the industry's 12 month performance to a gain of 98%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the U.S. Semiconductors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024US$4.6tUS$443.5bUS$81.1b31.1x56.4x10.3x
Fri, 26 Jan 2024US$4.1tUS$431.1bUS$68.4b28.2x59.4x9.4x
Sun, 24 Dec 2023US$3.6tUS$433.3bUS$69.5b27.4x51.5x8.3x
Tue, 21 Nov 2023US$3.3tUS$420.6bUS$62.5b24.5x52.3x7.8x
Thu, 19 Oct 2023US$2.9tUS$427.9bUS$65.8b24.8x44.5x6.8x
Sat, 16 Sep 2023US$3.1tUS$430.8bUS$68.7b25.9x44.8x7.1x
Mon, 14 Aug 2023US$2.9tUS$419.7bUS$62.9b25.1x45.9x6.9x
Wed, 12 Jul 2023US$3.0tUS$429.1bUS$67.3b23.3x44.5x7x
Fri, 09 Jun 2023US$2.8tUS$434.3bUS$71.9b23.4x39.5x6.5x
Sun, 07 May 2023US$2.4tUS$434.2bUS$70.7b19.1x33.3x5.4x
Tue, 04 Apr 2023US$2.5tUS$443.8bUS$85.6b18.6x28.7x5.5x
Thu, 02 Mar 2023US$2.2tUS$443.9bUS$88.7b17.8x24.9x5x
Sat, 28 Jan 2023US$2.2tUS$442.5bUS$91.5b17.9x23.6x4.9x
Mon, 26 Dec 2022US$1.9tUS$447.3bUS$96.4b15.7x19.3x4.2x
Wed, 23 Nov 2022US$2.0tUS$448.8bUS$97.5b16.9x20.4x4.4x
Fri, 21 Oct 2022US$1.6tUS$440.5bUS$104.0b14.7x15.6x3.7x
Sun, 18 Sep 2022US$1.8tUS$441.7bUS$105.0b16.6x17.5x4.2x
Tue, 16 Aug 2022US$2.2tUS$436.8bUS$104.9b21.7x21.4x5.2x
Thu, 14 Jul 2022US$1.9tUS$429.2bUS$106.9b17.4x17.6x4.4x
Sat, 11 Jun 2022US$2.1tUS$427.9bUS$106.0b20.2x19.4x4.8x
Mon, 09 May 2022US$2.2tUS$419.6bUS$103.8b19.8x21.1x5.2x
Wed, 06 Apr 2022US$2.5tUS$408.9bUS$95.6b22x26.1x6.1x
Fri, 04 Mar 2022US$2.5tUS$408.5bUS$93.7b24.5x27.1x6.2x
Sun, 30 Jan 2022US$2.4tUS$394.7bUS$89.3b24.7x27.2x6.1x
Tue, 28 Dec 2021US$3.0tUS$391.1bUS$89.1b31.3x34x7.7x
Thu, 25 Nov 2021US$3.0tUS$387.1bUS$86.7b30.2x34.3x7.7x
Sat, 23 Oct 2021US$2.5tUS$370.7bUS$84.0b31.9x29.3x6.6x
Mon, 20 Sep 2021US$2.5tUS$366.2bUS$79.3b29.6x30.9x6.7x
Wed, 18 Aug 2021US$2.2tUS$358.3bUS$74.7b26.4x29.8x6.2x
Wed, 02 Jun 2021US$2.2tUS$340.8bUS$68.3b33.3x31.7x6.4x
Sat, 06 Mar 2021US$2.1tUS$322.4bUS$63.2b38.2x32.9x6.5x
Price to Earnings Ratio

32.9x


Total Market Cap: US$2.1tTotal Earnings: US$63.2bTotal Revenue: US$322.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 31.8x202220232024
Current Industry PE
  • Investors are optimistic on the American Semiconductor industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 56.4x which is higher than its 3-year average PE of 31.8x.
  • The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 10.3x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 8.7% per year over the last three years.
  • Revenues for these companies have grown 11% 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 U.S. Tech industry?

US Market2.08%
Tech4.21%
Semiconductors9.13%
Semiconductors9.82%
Semiconductor Equipment3.82%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 35.0x.
    • Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings decline of 16.1% per year.
  • Investors are most pessimistic about the Semiconductor Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.6x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 17% 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
NVDA NVIDIAUS$787.0116.6%
+US$276.4b
246.7%PE65.1x
AVGO BroadcomUS$1.30k5.6%
+US$26.1b
118.4%PE42.7x
AMD Advanced Micro DevicesUS$178.008.3%
+US$22.2b
127.4%PE336.8x
ARM Arm HoldingsUS$137.9511.8%
+US$15.0b
n/aPE1668.5x
MU Micron TechnologyUS$91.8512.7%
+US$11.4b
60.2%PS6.3x
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