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U.S. Semiconductor Equipment Industry Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies39
  • 7D7.0%
  • 3M44.2%
  • 1Y95.2%
  • YTDn/a

Over the last 7 days, the Semiconductor Equipment industry has risen 7.0%, driven by gains in KLA and Applied Materials of 12% and 8.6%, respectively. Meanwhile, Amkor Technology actually underperformed within the industry, shrinking 8.2% in the last week. This means that the industry has gained 95% over the past year. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026US$912.2bUS$95.9bUS$19.0b48.4x47.9x9.5x
Wed, 17 Dec 2025US$708.9bUS$95.9bUS$19.0b37.4x37.2x7.4x
Fri, 14 Nov 2025US$672.2bUS$96.0bUS$18.8b34.7x35.7x7x
Sun, 12 Oct 2025US$557.5bUS$89.4bUS$16.3b30.5x34.1x6.2x
Tue, 09 Sep 2025US$465.4bUS$89.4bUS$16.3b27.6x28.5x5.2x
Thu, 07 Aug 2025US$462.0bUS$88.9bUS$16.2b24.6x28.5x5.2x
Sat, 05 Jul 2025US$485.1bUS$87.0bUS$15.5b29x31.3x5.6x
Mon, 02 Jun 2025US$396.9bUS$87.0bUS$15.5b22.9x25.6x4.6x
Wed, 30 Apr 2025US$375.6bUS$85.7bUS$14.5b25.9x25.9x4.4x
Fri, 28 Mar 2025US$393.1bUS$84.8bUS$14.2b29.5x27.7x4.6x
Sun, 23 Feb 2025US$444.8bUS$84.9bUS$14.4b35.7x30.9x5.2x
Tue, 21 Jan 2025US$465.8bUS$83.2bUS$14.6b36.4x31.9x5.6x
Thu, 19 Dec 2024US$426.4bUS$83.2bUS$14.6b27x29.2x5.1x
Sat, 16 Nov 2024US$428.8bUS$83.2bUS$14.6b29x29.4x5.2x
Mon, 14 Oct 2024US$494.6bUS$82.5bUS$15.6b27.4x31.7x6x
Wed, 11 Sep 2024US$439.6bUS$82.5bUS$15.6b24.6x28.2x5.3x
Fri, 09 Aug 2024US$439.0bUS$82.5bUS$15.6b25.9x28.1x5.3x
Sun, 07 Jul 2024US$587.0bUS$82.8bUS$13.8b33.4x42.7x7.1x
Tue, 04 Jun 2024US$525.9bUS$82.8bUS$13.8b28.7x38.2x6.4x
Thu, 02 May 2024US$486.7bUS$83.3bUS$14.0b32.9x34.9x5.8x
Sat, 30 Mar 2024US$511.6bUS$84.5bUS$14.2b35.9x36x6.1x
Mon, 26 Feb 2024US$486.8bUS$84.9bUS$14.5b33.8x33.6x5.7x
Wed, 24 Jan 2024US$449.5bUS$90.1bUS$15.9b25.6x28.3x5x
Fri, 22 Dec 2023US$419.5bUS$90.1bUS$15.9b25.6x26.4x4.7x
Sun, 19 Nov 2023US$394.4bUS$90.1bUS$15.5b24.5x25.4x4.4x
Tue, 17 Oct 2023US$377.0bUS$93.9bUS$17.0b24.8x22.2x4x
Thu, 14 Sep 2023US$382.0bUS$93.9bUS$17.0b24.8x22.5x4.1x
Sat, 12 Aug 2023US$381.6bUS$94.0bUS$17.0b25.1x22.4x4.1x
Mon, 10 Jul 2023US$387.7bUS$96.1bUS$20.1b18.8x19.3x4x
Wed, 07 Jun 2023US$384.8bUS$96.1bUS$20.1b18x19.1x4x
Fri, 05 May 2023US$321.6bUS$95.5bUS$20.3b14.7x15.8x3.4x
Sun, 02 Apr 2023US$355.4bUS$96.1bUS$21.2b16.9x16.8x3.7x
Tue, 28 Feb 2023US$335.5bUS$95.3bUS$21.0b14.8x15.9x3.5x
Thu, 26 Jan 2023US$345.9bUS$92.3bUS$20.7b17.7x16.7x3.7x
Price to Earnings Ratio

16.7x


Total Market Cap: US$345.9bTotal 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 28.4x202420252026
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 47.9x which is higher than its 3-year average PE of 28.3x.
  • The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 9.5x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor Equipment industry have declined 2.7% 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-0.29%
Tech-0.67%
Semiconductors2.03%
Semiconductor Equipment6.96%
Semiconductors1.52%
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
KLAC KLAUS$1.57k12.0%
+US$22.1b		107.0%PE48.6x
AMAT Applied MaterialsUS$327.018.6%
+US$20.5b		70.3%PE37.1x
LRCX Lam ResearchUS$222.962.1%
+US$5.8b		177.7%PE48.2x
ENTG EntegrisUS$117.3515.2%
+US$2.4b		10.3%PE61.7x
NVMI NovaUS$445.7013.1%
+US$1.5b		82.0%PE53.9x

Latest News

AMKR
US$48.00
Amkor Technology
7D
-8.2%
1Y
85.3%
ENTG
US$117.35
Entegris
7D
15.2%
1Y
10.3%
Q
US$97.25
Qnity Electronics
7D
7.7%
1Y
n/a
KLAC
US$1,567.82
KLA
7D
12.0%
1Y
107.0%

Subdued Growth No Barrier To KLA Corporation (NASDAQ:KLAC) With Shares Advancing 32%

Jan 16
Subdued Growth No Barrier To KLA Corporation (NASDAQ:KLAC) With Shares Advancing 32%
ONTO
US$220.26
Onto Innovation
7D
16.1%
1Y
1.7%
AMAT
US$327.01
Applied Materials
7D
8.6%
1Y
70.3%
LRCX
US$222.96
Lam Research
7D
2.1%
1Y
177.7%
ENPH
US$34.98
Enphase Energy
7D
-0.7%
1Y
-45.1%
MKSI
US$203.99
MKS
7D
9.6%
1Y
69.8%
TRT
US$6.64
Trio-Tech International
7D
-6.6%
1Y
127.0%
ACLS
US$93.12
Axcelis Technologies
7D
-2.7%
1Y
30.0%

ACLS: Shareholder Meeting And Buybacks Will Shape Balanced Future Prospects

Analysts have reduced their fair value estimate for Axcelis Technologies from $96.80 to $93.50. They cite updated assumptions around revenue growth, profit margins, and a higher future P/E multiple as the reasons for the change.
DQ
US$25.18
Daqo New Energy
7D
-1.6%
1Y
32.0%

Slammed 26% Daqo New Energy Corp. (NYSE:DQ) Screens Well Here But There Might Be A Catch

Jan 10
Slammed 26% Daqo New Energy Corp. (NYSE:DQ) Screens Well Here But There Might Be A Catch
AXTI
US$22.09
AXT
7D
-3.9%
1Y
877.4%
VECO
US$32.97
Veeco Instruments
7D
-2.5%
1Y
20.3%
NVMI
US$445.70
Nova
7D
13.1%
1Y
82.0%
ALMU
US$21.58
Aeluma
7D
-2.9%
1Y
209.6%