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U.S. Semiconductor Equipment Industry Analysis

UpdatedMay 11, 2026
DataAggregated Company Financials
Companies39
  • 7D10.8%
  • 3M30.2%
  • 1Y211.8%
  • YTDn/a

Applied Materials is up 12%, leading the way for the Semiconductor Equipment industry, which has gained 11%. In the same time, Onto Innovation was down 7.1%. This means that the industry has gained 212% over the past year. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 May 2026US$1.2tUS$100.7bUS$21.9b63.9x55.3x12x
Wed, 08 Apr 2026US$952.6bUS$97.8bUS$20.8b44.8x45.8x9.7x
Fri, 06 Mar 2026US$949.4bUS$97.8bUS$20.8b42.1x45.7x9.7x
Sun, 01 Feb 2026US$904.0bUS$97.0bUS$19.8b44x45.7x9.3x
Tue, 30 Dec 2025US$730.3bUS$95.9bUS$19.0b38.6x38.4x7.6x
Thu, 27 Nov 2025US$660.7bUS$95.9bUS$19.0b35.8x34.8x6.9x
Sat, 25 Oct 2025US$625.1bUS$90.6bUS$16.8b33x37.2x6.9x
Mon, 22 Sep 2025US$546.6bUS$89.4bUS$16.3b30.1x33.5x6.1x
Wed, 20 Aug 2025US$456.0bUS$89.6bUS$16.3b26.7x28x5.1x
Fri, 18 Jul 2025US$489.7bUS$87.0bUS$15.5b30.7x31.7x5.6x
Sun, 15 Jun 2025US$439.1bUS$87.0bUS$15.5b24.8x28.4x5x
Tue, 13 May 2025US$393.2bUS$86.5bUS$15.1b26.6x26x4.5x
Thu, 10 Apr 2025US$321.8bUS$84.9bUS$14.2b25.7x22.7x3.8x
Sat, 08 Mar 2025US$397.1bUS$84.8bUS$14.2b31.2x28x4.7x
Mon, 03 Feb 2025US$446.9bUS$84.5bUS$15.1b32.8x29.6x5.3x
Wed, 01 Jan 2025US$407.6bUS$83.2bUS$14.6b30.9x27.9x4.9x
Fri, 29 Nov 2024US$411.8bUS$83.2bUS$14.6b28.1x28.2x4.9x
Sun, 27 Oct 2024US$444.6bUS$83.1bUS$15.8b26.1x28.2x5.4x
Tue, 24 Sep 2024US$469.5bUS$82.5bUS$15.6b24.9x30.1x5.7x
Thu, 22 Aug 2024US$507.4bUS$83.0bUS$15.8b26x32.1x6.1x
Sat, 20 Jul 2024US$535.0bUS$82.8bUS$13.8b29.7x38.8x6.5x
Mon, 17 Jun 2024US$570.8bUS$82.8bUS$13.8b27.7x41.5x6.9x
Wed, 15 May 2024US$503.8bUS$82.8bUS$13.6b26x37x6.1x
Fri, 12 Apr 2024US$508.0bUS$84.5bUS$14.2b36.1x35.8x6x
Sun, 10 Mar 2024US$509.8bUS$84.5bUS$14.2b35.6x35.9x6x
Tue, 06 Feb 2024US$439.5bUS$86.6bUS$14.8b23.6x29.7x5.1x
Thu, 04 Jan 2024US$407.9bUS$90.1bUS$15.9b24.6x25.6x4.5x
Sat, 02 Dec 2023US$394.9bUS$90.0bUS$15.9b24.8x24.8x4.4x
Mon, 30 Oct 2023US$336.7bUS$91.6bUS$16.0b20.2x21x3.7x
Wed, 27 Sep 2023US$356.0bUS$93.9bUS$17.0b23.7x21x3.8x
Fri, 25 Aug 2023US$381.6bUS$93.9bUS$17.0b25.6x22.5x4.1x
Sun, 23 Jul 2023US$390.2bUS$96.1bUS$20.1b21x19.4x4.1x
Tue, 20 Jun 2023US$391.4bUS$96.1bUS$20.1b18.5x19.5x4.1x
Thu, 18 May 2023US$357.2bUS$95.7bUS$20.1b16.5x17.8x3.7x
Price to Earnings Ratio

17.8x


Total Market Cap: US$357.2bTotal Earnings: US$20.1bTotal Revenue: US$95.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductor Equipment Industry Price to Earnings3Y Average 31.6x202420252026
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 55.3x which is higher than its 3-year average PE of 31.6x.
  • The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 12.0x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor Equipment industry have grown 3.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

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

US Market2.25%
Tech6.67%
Semiconductors10.52%
Semiconductor Equipment10.77%
Semiconductors10.50%
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$294.0513.7%
+US$44.4b		257.5%PE54.8x
AMAT Applied MaterialsUS$435.4411.3%
+US$35.0b		159.2%PE44.1x
KLAC KLAUS$1.87k9.1%
+US$20.4b		145.8%PE52.3x
TER TeradyneUS$359.776.6%
+US$3.5b		333.1%PE65.9x
ENTG EntegrisUS$149.117.3%
+US$1.5b		81.0%PE85.9x

Latest News

DQ
US$18.64
Daqo New Energy
7D
-6.6%
1Y
33.0%
TER
US$359.77
Teradyne
7D
6.6%
1Y
333.1%
MKSI
US$313.21
MKS
7D
7.4%
1Y
245.1%
KLAC
US$1,869.19
KLA
7D
9.1%
1Y
145.8%
AMKR
US$76.61
Amkor Technology
7D
8.0%
1Y
290.3%
AMAT
US$435.44
Applied Materials
7D
11.3%
1Y
159.2%
Seeking Alpha • May 09

Applied Materials: Supplying Intel Comes With Its Perks

Summary Applied Materials, Inc. is a top "picks and shovels" play in the semiconductor equipment space, benefiting from broad chip demand and recent U.S. production catalysts. AMAT stands out for its financial prudence, distributing 90% of excess free cash flow to shareholders and maintaining a robust balance sheet. With a forward P/E near 40x versus a 3-year average of 22x, AMAT stock's valuation is elevated, making pre-earnings entry risky despite strong secular tailwinds. I rate AMAT stock a Buy for long-term investors, but prefer to watch for a potential post-earnings pullback before initiating or adding to a position. Read the full article on Seeking Alpha
SEDG
US$41.30
SolarEdge Technologies
7D
-0.5%
1Y
115.6%
ENTG
US$149.11
Entegris
7D
7.3%
1Y
81.0%
LRCX
US$294.05
Lam Research
7D
13.7%
1Y
257.5%
CVV
US$7.09
CVD Equipment
7D
-3.9%
1Y
144.5%
ONTO
US$284.67
Onto Innovation
7D
-5.0%
1Y
204.5%
ATOM
US$8.41
Atomera
7D
-18.9%
1Y
21.5%
INTT
US$17.25
InTest
7D
-7.0%
1Y
188.0%
Q
US$147.33
Qnity Electronics
7D
4.4%
1Y
n/a