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U.S. Semiconductor Equipment Industry Analysis

UpdatedDec 05, 2025
DataAggregated Company Financials
Companies39
  • 7D5.0%
  • 3M48.5%
  • 1Y67.5%
  • YTDn/a

The Semiconductor Equipment industry is up 5.7% in the last week, with Applied Materials up 7.5%. Meanwhile, SolarEdge Technologies actually underperformed within the industry, shrinking 11% in the last week. This means that the industry has gained 62% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Dec 2025US$708.1bUS$95.9bUS$19.0b38x37.3x7.4x
Sun, 02 Nov 2025US$674.2bUS$91.2bUS$17.0b34x39.7x7.4x
Tue, 30 Sep 2025US$564.0bUS$89.4bUS$16.3b30.9x34.5x6.3x
Thu, 28 Aug 2025US$466.5bUS$89.4bUS$16.3b27.3x28.6x5.2x
Sat, 26 Jul 2025US$477.1bUS$87.1bUS$15.5b26.6x30.8x5.5x
Mon, 23 Jun 2025US$436.4bUS$87.0bUS$15.5b25.6x28.2x5x
Wed, 21 May 2025US$417.8bUS$87.0bUS$15.5b23.3x26.9x4.8x
Fri, 18 Apr 2025US$345.0bUS$84.9bUS$14.2b24.2x24.3x4.1x
Sun, 16 Mar 2025US$403.3bUS$84.8bUS$14.2b30.1x28.4x4.8x
Tue, 11 Feb 2025US$447.8bUS$84.7bUS$15.2b36.4x29.4x5.3x
Thu, 09 Jan 2025US$440.6bUS$83.2bUS$14.6b34.1x30.2x5.3x
Sat, 07 Dec 2024US$420.0bUS$83.2bUS$14.6b28.4x28.8x5x
Mon, 04 Nov 2024US$433.3bUS$83.4bUS$15.9b24.1x27.2x5.2x
Wed, 02 Oct 2024US$488.1bUS$82.5bUS$15.6b25x31.3x5.9x
Fri, 30 Aug 2024US$486.9bUS$82.5bUS$15.6b26.2x31.3x5.9x
Sun, 28 Jul 2024US$511.9bUS$82.7bUS$13.9b28.9x36.9x6.2x
Tue, 25 Jun 2024US$568.2bUS$82.8bUS$13.8b26.7x41.3x6.9x
Thu, 23 May 2024US$534.7bUS$82.8bUS$13.8b29.2x38.9x6.5x
Sat, 20 Apr 2024US$472.0bUS$84.5bUS$14.2b32.9x33.3x5.6x
Mon, 18 Mar 2024US$487.6bUS$84.5bUS$14.2b33.7x34.3x5.8x
Wed, 14 Feb 2024US$462.9bUS$85.8bUS$14.5b30x31.8x5.4x
Fri, 12 Jan 2024US$408.6bUS$90.1bUS$15.9b24.9x25.7x4.5x
Sun, 10 Dec 2023US$390.9bUS$90.0bUS$15.9b24.5x24.6x4.3x
Tue, 07 Nov 2023US$359.1bUS$90.3bUS$15.6b21.9x23x4x
Thu, 05 Oct 2023US$368.2bUS$93.9bUS$16.9b24.8x21.7x3.9x
Sat, 02 Sep 2023US$409.3bUS$93.9bUS$17.0b27x24.1x4.4x
Mon, 31 Jul 2023US$421.4bUS$94.4bUS$19.6b22.2x21.5x4.5x
Wed, 28 Jun 2023US$402.1bUS$96.1bUS$20.1b19x20x4.2x
Fri, 26 May 2023US$350.9bUS$96.1bUS$20.1b16x17.5x3.7x
Sun, 23 Apr 2023US$338.3bUS$95.9bUS$21.0b15.4x16.1x3.5x
Tue, 21 Mar 2023US$347.6bUS$96.1bUS$21.2b16.9x16.4x3.6x
Thu, 16 Feb 2023US$356.5bUS$94.8bUS$21.0b17.5x17x3.8x
Sat, 14 Jan 2023US$343.4bUS$92.3bUS$20.7b16.7x16.6x3.7x
Mon, 12 Dec 2022US$340.0bUS$92.3bUS$20.7b15.5x16.4x3.7x
Price to Earnings Ratio

16.4x


Total Market Cap: US$340.0bTotal Earnings: US$20.7bTotal Revenue: US$92.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductor Equipment Industry Price to Earnings3Y Average 27.4x202320242025
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 36.7x which is higher than its 3-year average PE of 27.4x.
  • The 3-year average PS ratio of 5.0x is lower than the industry's current PS ratio of 7.3x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor Equipment industry have declined 2.8% 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 Market0.81%
Tech1.92%
Semiconductors2.22%
Semiconductor Equipment4.95%
Semiconductors1.99%
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
AMAT Applied MaterialsUS$269.447.8%
+US$15.5b		56.6%PE30.7x
KLAC KLAUS$1.21k2.8%
+US$4.3b		86.3%PE37.5x
TER TeradyneUS$198.6310.7%
+US$3.0b		74.7%PE70.2x
LRCX Lam ResearchUS$157.091.3%
+US$2.4b		108.9%PE34x
AMKR Amkor TechnologyUS$43.1823.7%
+US$2.0b		66.0%PE34.7x

Latest News

AMAT
US$269.44
Applied Materials
7D
7.8%
1Y
56.6%
AMKR
US$43.18
Amkor Technology
7D
23.7%
1Y
66.0%
TER
US$198.63
Teradyne
7D
10.7%
1Y
74.7%
ENTG
US$88.14
Entegris
7D
14.3%
1Y
-19.4%
KLAC
US$1,208.08
KLA
7D
2.8%
1Y
86.3%

KLAC: AI And DRAM Investment Cycles Will Balance Market Uncertainties Ahead

Analysts have raised their price targets for KLA, citing strong quarterly results, an improved outlook for artificial intelligence demand, and the company's dominant market position. Recent targets have moved from $1,093 to as high as $1,300.
SEDG
US$31.94
SolarEdge Technologies
7D
-12.6%
1Y
149.9%

SEDG: International Expansion And Partnerships Will Offset Domestic Headwinds Through 2026

Analysts have raised their price target for SolarEdge Technologies, increasing it from $30.23 to $33.22. This change is attributed to improved margin outlooks as well as anticipated international and commercial growth opportunities.
DQ
US$31.46
Daqo New Energy
7D
-0.2%
1Y
60.2%

DQ: Margin Recovery Hopes Will Face Ongoing Industry Oversupply Challenges

Analysts have raised their price targets on Daqo New Energy, with the consensus moving upward by approximately $6 to $31. This change is attributed to an improved profit outlook, driven by anticipated higher polysilicon prices and signs of better cost management.
LRCX
US$157.09
Lam Research
7D
1.3%
1Y
108.9%
ONTO
US$159.45
Onto Innovation
7D
13.5%
1Y
-3.4%

ONTO: Memory Spending Rebound Will Drive Market Share Gains And Upside Potential

Analysts have increased their fair value estimate for Onto Innovation from $149.38 to $157.00. They cite recent model updates driven by accelerating revenue growth expectations, improved profit margins, and optimism following strategic acquisitions and industry tailwinds.
Q
US$83.46
Qnity Electronics
7D
5.3%
1Y
n/a
CVV
US$3.31
CVD Equipment
7D
-0.1%
1Y
-1.6%