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U.S. Semiconductor Equipment Industry Analysis

UpdatedDec 08, 2025
DataAggregated Company Financials
Companies39
  • 7D4.6%
  • 3M47.9%
  • 1Y66.2%
  • YTDn/a

The Semiconductor Equipment industry is up 4.6% in the last week, with Applied Materials up 6.2%. In the same time, SolarEdge Technologies was down 19%. This takes the industry's 12 month performance to a gain of 66%. 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
Mon, 08 Dec 2025US$708.6bUS$95.9bUS$19.0b38.4x37.3x7.4x
Wed, 05 Nov 2025US$685.7bUS$91.2bUS$17.0b33.7x40.4x7.5x
Fri, 03 Oct 2025US$606.9bUS$89.4bUS$16.3b34.3x37.1x6.8x
Sun, 31 Aug 2025US$456.2bUS$89.4bUS$16.3b27.1x27.9x5.1x
Tue, 29 Jul 2025US$473.7bUS$87.1bUS$15.5b27.1x30.6x5.4x
Thu, 26 Jun 2025US$461.4bUS$87.0bUS$15.5b27.8x29.8x5.3x
Sat, 24 May 2025US$403.5bUS$87.0bUS$15.5b22.7x26x4.6x
Mon, 21 Apr 2025US$341.9bUS$84.9bUS$14.2b24.2x24.1x4x
Wed, 19 Mar 2025US$405.1bUS$84.8bUS$14.2b30.3x28.5x4.8x
Fri, 14 Feb 2025US$445.3bUS$84.7bUS$15.4b35x28.9x5.3x
Sun, 12 Jan 2025US$426.9bUS$83.2bUS$14.6b33.9x29.3x5.1x
Tue, 10 Dec 2024US$425.5bUS$83.2bUS$14.6b28.2x29.2x5.1x
Thu, 07 Nov 2024US$438.5bUS$83.3bUS$16.0b27x27.4x5.3x
Sat, 05 Oct 2024US$481.7bUS$82.5bUS$15.6b26x30.9x5.8x
Mon, 02 Sep 2024US$496.0bUS$82.5bUS$15.6b26.8x31.8x6x
Wed, 31 Jul 2024US$509.1bUS$82.7bUS$13.9b27.8x36.7x6.2x
Fri, 28 Jun 2024US$564.6bUS$82.8bUS$13.8b27.6x41x6.8x
Sun, 26 May 2024US$541.0bUS$82.8bUS$13.8b28.8x39.3x6.5x
Tue, 23 Apr 2024US$459.7bUS$84.5bUS$14.2b32.1x32.4x5.4x
Thu, 21 Mar 2024US$492.3bUS$84.5bUS$14.2b35x34.7x5.8x
Sat, 17 Feb 2024US$480.8bUS$85.5bUS$14.8b30.3x32.5x5.6x
Mon, 15 Jan 2024US$410.1bUS$90.1bUS$15.9b24.7x25.8x4.6x
Wed, 13 Dec 2023US$408.4bUS$90.0bUS$15.9b24.3x25.7x4.5x
Fri, 10 Nov 2023US$365.4bUS$90.2bUS$15.6b22.4x23.5x4.1x
Sun, 08 Oct 2023US$369.9bUS$93.9bUS$17.0b24.8x21.8x3.9x
Tue, 05 Sep 2023US$409.3bUS$93.9bUS$17.0b27x24.1x4.4x
Thu, 03 Aug 2023US$404.2bUS$94.6bUS$19.7b22.3x20.6x4.3x
Sat, 01 Jul 2023US$404.2bUS$96.1bUS$20.1b20.1x20.1x4.2x
Mon, 29 May 2023US$386.9bUS$96.1bUS$20.1b18x19.2x4x
Wed, 26 Apr 2023US$327.3bUS$95.9bUS$21.0b14.6x15.6x3.4x
Fri, 24 Mar 2023US$350.6bUS$96.1bUS$21.2b16.7x16.5x3.6x
Sun, 19 Feb 2023US$341.4bUS$95.3bUS$21.1b15.2x16.2x3.6x
Tue, 17 Jan 2023US$343.4bUS$92.3bUS$20.7b16.7x16.6x3.7x
Thu, 15 Dec 2022US$350.6bUS$92.3bUS$20.7b16x16.9x3.8x
Price to Earnings Ratio

16.9x


Total Market Cap: US$350.6bTotal 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 37.3x 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 7.4x.
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 Market0.51%
Tech1.63%
Semiconductors2.04%
Semiconductor Equipment4.56%
Semiconductors1.83%
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$268.005.2%
+US$10.6b		55.9%PE30.5x
KLAC KLAUS$1.21k5.0%
+US$7.5b		86.2%PE37.7x
LRCX Lam ResearchUS$158.702.5%
+US$4.9b		104.9%PE34.3x
TER TeradyneUS$200.7711.8%
+US$3.3b		67.9%PE71x
ENTG EntegrisUS$89.1516.9%
+US$1.9b		-19.3%PE46.8x

Latest News

SEDG
US$29.52
SolarEdge Technologies
7D
-10.3%
1Y
106.7%
DQ
US$31.25
Daqo New Energy
7D
-4.2%
1Y
60.8%
ENTG
US$89.15
Entegris
7D
16.9%
1Y
-19.3%
LRCX
US$158.70
Lam Research
7D
2.5%
1Y
104.9%

LRCX: AI Memory And WFE Upswing Will Drive Balanced Future Returns

Analysts have nudged our Lam Research fair value estimate higher, from $158.52 to $160.30. This reflects increased confidence in the companys record profitability, sustained beat and raise cadence, and strengthening AI driven WFE demand despite some valuation pushback.
AMAT
US$268.00
Applied Materials
7D
5.2%
1Y
55.9%
AMKR
US$43.23
Amkor Technology
7D
14.5%
1Y
61.4%
TER
US$200.77
Teradyne
7D
11.8%
1Y
67.9%
NVMI
US$324.45
Nova
7D
6.1%
1Y
63.5%

NVMI: Increased DRAM Fab Spending Will Strengthen Upcoming AI Market Position

Nova's analyst price target has been raised from $300 to $390. This change reflects an improved outlook and increased optimism among analysts following recent industry discussions and signs of stronger demand in the AI and DRAM sectors.
KLAC
US$1,214.46
KLA
7D
5.0%
1Y
86.2%

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.
Q
US$82.04
Qnity Electronics
7D
5.7%
1Y
n/a
CVV
US$3.32
CVD Equipment
7D
-5.7%
1Y
-4.9%
INTT
US$7.87
inTEST
7D
-1.5%
1Y
1.2%