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U.S. Semiconductors Industry Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies127
  • 7D2.8%
  • 3M-1.7%
  • 1Y59.6%
  • YTD3.5%

The Semiconductors industry is up 2.8% in the last week, with NVIDIA up 2.8%. Meanwhile, Intel actually underperformed within the industry, shrinking 9.5% in the last week. In the last 12 months, the industry was up 60%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026US$9.4tUS$640.7bUS$176.0b43.3x53.5x14.7x
Sat, 27 Dec 2025US$8.9tUS$640.7bUS$176.4b36.5x50.5x13.9x
Mon, 24 Nov 2025US$8.3tUS$630.3bUS$165.7b33.7x50.1x13.2x
Wed, 22 Oct 2025US$8.6tUS$597.4bUS$137.3b37.2x62.7x14.4x
Fri, 19 Sep 2025US$8.1tUS$593.8bUS$134.6b34.6x60.1x13.6x
Sun, 17 Aug 2025US$7.9tUS$572.7bUS$118.5b28.2x66.4x13.7x
Tue, 15 Jul 2025US$7.3tUS$566.4bUS$118.3b31.1x62.1x13x
Thu, 12 Jun 2025US$6.5tUS$563.8bUS$116.8b27.6x56x11.6x
Sat, 10 May 2025US$5.4tUS$541.1bUS$109.0b22.8x49.8x10x
Mon, 07 Apr 2025US$4.3tUS$537.4bUS$108.9b20.5x39.7x8x
Wed, 05 Mar 2025US$5.4tUS$532.8bUS$103.5b28.8x52.2x10.2x
Fri, 31 Jan 2025US$5.8tUS$513.2bUS$97.7b32.2x59.6x11.3x
Sun, 29 Dec 2024US$6.3tUS$513.5bUS$96.7b29.5x65.4x12.3x
Tue, 26 Nov 2024US$6.1tUS$505.3bUS$93.4b29.5x65.4x12.1x
Thu, 24 Oct 2024US$6.3tUS$488.5bUS$101.3b27.1x62.2x12.9x
Sat, 21 Sep 2024US$5.7tUS$485.5bUS$99.5b26.5x57x11.7x
Mon, 19 Aug 2024US$5.8tUS$467.6bUS$94.9b29.7x61.5x12.5x
Wed, 17 Jul 2024US$6.3tUS$467.9bUS$96.6b31.6x65.3x13.5x
Fri, 14 Jun 2024US$6.2tUS$461.2bUS$95.7b30.2x65.2x13.5x
Sun, 12 May 2024US$4.8tUS$444.8bUS$83.3b29x58.2x10.9x
Tue, 09 Apr 2024US$4.8tUS$447.7bUS$81.6b29.5x59.4x10.8x
Thu, 07 Mar 2024US$4.8tUS$443.3bUS$81.1b29.1x59.8x10.9x
Sat, 03 Feb 2024US$4.1tUS$432.5bUS$71.9b29x56.5x9.4x
Mon, 01 Jan 2024US$3.6tUS$433.4bUS$69.5b27.7x52.1x8.4x
Wed, 29 Nov 2023US$3.2tUS$432.4bUS$70.6b25x45.9x7.5x
Fri, 27 Oct 2023US$2.8tUS$424.8bUS$64.2b22.4x43.3x6.5x
Sun, 24 Sep 2023US$2.9tUS$430.8bUS$68.7b24.8x41.8x6.7x
Tue, 22 Aug 2023US$2.9tUS$421.1bUS$62.9b26x46.2x6.9x
Thu, 20 Jul 2023US$3.2tUS$429.1bUS$67.3b24.1x47.2x7.4x
Sat, 17 Jun 2023US$3.0tUS$434.2bUS$71.9b23.9x42x6.9x
Mon, 15 May 2023US$2.3tUS$434.1bUS$70.4b19.2x33.2x5.4x
Wed, 12 Apr 2023US$2.4tUS$443.7bUS$85.6b18.2x27.9x5.4x
Fri, 10 Mar 2023US$2.2tUS$445.2bUS$90.1b18.1x24.9x5x
Sun, 05 Feb 2023US$2.2tUS$442.3bUS$91.1b19x24.7x5.1x
Price to Earnings Ratio

24.7x


Total Market Cap: US$2.2tTotal Earnings: US$91.1bTotal Revenue: US$442.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 52.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Semiconductor industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 52.6x.
  • The 3-year average PS ratio of 10.3x is lower than the industry's current PS ratio of 14.4x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market2.04%
Tech3.55%
Semiconductors2.82%
Semiconductor Equipment6.23%
Semiconductors2.47%
Industry PE
  • Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 57.9x.
    • Analysts are expecting annual earnings growth of 26.6%, which is higher than its past year's earnings growth of 6.9% 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 28.6x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 15% 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$191.523.6%
+US$162.3b		53.6%PE46.9x
MU Micron TechnologyUS$435.2811.9%
+US$52.0b		389.0%PE41.1x
AVGO BroadcomUS$333.241.4%
+US$21.1b		61.5%PE68.3x
TXN Texas InstrumentsUS$216.1711.2%
+US$19.4b		19.9%PE39.2x
KLAC KLAUS$1.63k7.1%
+US$14.1b		128.2%PE50.5x

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