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U.S. Semiconductor Equipment Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies39
  • 7D-0.6%
  • 3M37.3%
  • 1Y48.5%
  • YTDn/a

Over the last 7 days, the Semiconductor Equipment industry has remained flat. As for the the longer term, the industry is up 49% over the past 12 months. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Nov 2025US$669.9bUS$96.0bUS$18.9b37x35.4x7x
Tue, 07 Oct 2025US$607.8bUS$89.4bUS$16.3b35.1x37.2x6.8x
Thu, 04 Sep 2025US$444.6bUS$89.4bUS$16.3b25.7x27.2x5x
Sat, 02 Aug 2025US$461.4bUS$87.6bUS$15.5b26.8x29.7x5.3x
Mon, 30 Jun 2025US$467.5bUS$87.0bUS$15.5b28.1x30.2x5.4x
Wed, 28 May 2025US$397.3bUS$87.0bUS$15.5b23.3x25.6x4.6x
Fri, 25 Apr 2025US$355.0bUS$85.9bUS$14.6b26.5x24.3x4.1x
Sun, 23 Mar 2025US$395.0bUS$84.8bUS$14.2b30.3x27.8x4.7x
Tue, 18 Feb 2025US$439.0bUS$85.1bUS$14.5b35x30.2x5.2x
Thu, 16 Jan 2025US$432.0bUS$83.2bUS$14.6b35.3x29.6x5.2x
Sat, 14 Dec 2024US$421.0bUS$83.2bUS$14.6b28x28.8x5.1x
Mon, 11 Nov 2024US$448.3bUS$82.9bUS$14.9b30x30.2x5.4x
Wed, 09 Oct 2024US$483.8bUS$82.5bUS$15.6b26.4x31x5.9x
Fri, 06 Sep 2024US$457.2bUS$82.5bUS$15.6b25.3x29.3x5.5x
Sun, 04 Aug 2024US$445.1bUS$83.3bUS$14.0b25.6x31.9x5.3x
Tue, 02 Jul 2024US$572.1bUS$82.8bUS$13.8b32.7x41.6x6.9x
Thu, 30 May 2024US$543.1bUS$82.8bUS$13.8b27.4x39.5x6.6x
Sat, 27 Apr 2024US$498.5bUS$83.9bUS$14.1b35.1x35.5x5.9x
Mon, 25 Mar 2024US$515.3bUS$84.5bUS$14.2b35.5x36.3x6.1x
Wed, 21 Feb 2024US$476.1bUS$85.5bUS$14.7b32.6x32.4x5.6x
Fri, 19 Jan 2024US$427.5bUS$90.1bUS$15.9b25.1x26.9x4.7x
Sun, 17 Dec 2023US$431.2bUS$90.1bUS$15.9b25.7x27.1x4.8x
Tue, 14 Nov 2023US$378.2bUS$90.2bUS$15.5b23.7x24.3x4.2x
Thu, 12 Oct 2023US$377.6bUS$93.9bUS$17.0b24.8x22.3x4x
Sat, 09 Sep 2023US$391.8bUS$93.9bUS$17.0b25.2x23.1x4.2x
Mon, 07 Aug 2023US$400.2bUS$94.4bUS$17.3b20.4x23.1x4.2x
Wed, 05 Jul 2023US$406.2bUS$96.1bUS$20.1b19.8x20.2x4.2x
Fri, 02 Jun 2023US$385.0bUS$96.1bUS$20.1b17.7x19.1x4x
Sun, 30 Apr 2023US$328.4bUS$95.5bUS$20.6b15x15.9x3.4x
Tue, 28 Mar 2023US$338.9bUS$96.1bUS$21.2b16.2x16x3.5x
Thu, 23 Feb 2023US$330.2bUS$95.3bUS$21.1b14.8x15.7x3.5x
Sat, 21 Jan 2023US$337.5bUS$92.3bUS$20.7b17.2x16.3x3.7x
Mon, 19 Dec 2022US$330.1bUS$92.3bUS$20.7b15.3x16x3.6x
Wed, 16 Nov 2022US$347.3bUS$91.8bUS$20.9b15.9x16.6x3.8x
Price to Earnings Ratio

16.6x


Total Market Cap: US$347.3bTotal Earnings: US$20.9bTotal Revenue: US$91.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductor Equipment Industry Price to Earnings3Y Average 26.9x202320242025
Current Industry PE
  • Investors are optimistic on the American Semiconductor Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.4x which is higher than its 3-year average PE of 26.9x.
  • The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor Equipment industry have declined 3.2% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Semiconductor Equipment compare with similar industries?

US Market-1.96%
Tech-4.59%
Semiconductors-5.78%
Semiconductor Equipment-0.59%
Semiconductors-6.18%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LRCX Lam ResearchUS$159.351.2%
+US$2.4b		103.8%PE34.4x
MKSI MKSUS$154.807.7%
+US$746.4m		33.1%PE37.3x
AMKR Amkor TechnologyUS$34.787.7%
+US$618.0m		27.1%PE27.9x
SEDG SolarEdge TechnologiesUS$40.0014.0%
+US$308.5m		195.6%PS2.3x
ONTO Onto InnovationUS$139.093.1%
+US$203.4m		-21.0%PE38.9x

Latest News

KLAC
US$1,193.37
KLA
7D
-1.3%
1Y
73.6%
NVMI
US$307.59
Nova
7D
-10.8%
1Y
55.6%
MKSI
US$154.80
MKS
7D
7.7%
1Y
33.1%
ONTO
US$139.09
Onto Innovation
7D
3.1%
1Y
-21.0%
SEDG
US$40.00
SolarEdge Technologies
7D
14.0%
1Y
195.6%

SEDG: U.S. Residential Weakness Will Limit Upside Amid Changing Policy

The analyst price target for SolarEdge Technologies has increased from $27.27 to $30.23. Analysts cite stronger profit margins and improving outlooks, despite tempered revenue growth projections.
Q
US$92.31
Qnity Electronics
7D
-2.8%
1Y
n/a
LRCX
US$159.35
Lam Research
7D
1.2%
1Y
103.8%
ACMR
US$31.10
ACM Research
7D
-25.0%
1Y
61.8%

ACMR: Strong China Semiconductor Demand Will Support Future Recovery Momentum

Analysts have reduced their price target for ACM Research from $42.04 to $40.81 per share, citing near-term margin pressures and a slightly more cautious outlook on revenue growth. They note continued demand momentum in the company's core markets.
TER
US$182.28
Teradyne
7D
0.3%
1Y
64.4%
VECO
US$30.41
Veeco Instruments
7D
5.8%
1Y
6.0%
ENTG
US$86.67
Entegris
7D
-5.4%
1Y
-17.5%

ENTG: Future Semiconductor Demand Will Accelerate Gains For Pure-Play Chemicals

Entegris' analyst price target has been adjusted slightly downward from $101.08 to $100.50, as analysts incorporate marginally softer revenue growth expectations. Nevertheless, there is continued optimism about the company's positioning alongside peers in the electronic chemicals sector.
ACLS
US$85.74
Axcelis Technologies
7D
7.8%
1Y
0.8%
ICHR
US$14.97
Ichor Holdings
7D
-34.0%
1Y
-55.6%
AMKR
US$34.78
Amkor Technology
7D
7.7%
1Y
27.1%
AMAT
US$230.07
Applied Materials
7D
-1.3%
1Y
19.8%
CAMT
US$119.12
Camtek
7D
-3.8%
1Y
47.9%

CAMT: Order Upside From AI Demand Will Be Balanced By Priced-In Growth

Analysts have raised their price targets for Camtek, with some increasing estimates by as much as $25 or more. They anticipate significant order upside driven by demand for advanced packaging and positive industry trends highlighted at recent conferences.