Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Semiconductor Equipment Industry Analysis

UpdatedSep 02, 2025
DataAggregated Company Financials
Companies38
  • 7D-0.8%
  • 3M12.0%
  • 1Y-5.9%
  • YTDn/a

In the last week, the Semiconductor Equipment industry is flat overall, with Lam Research standing out by going down 3.4%. As for the longer term, the industry has declined 5.9% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Sep 2025US$456.2bUS$89.4bUS$16.3b27.1x27.9x5.1x
Thu, 31 Jul 2025US$482.0bUS$87.0bUS$15.2b28.4x31.7x5.5x
Sat, 28 Jun 2025US$469.9bUS$87.0bUS$15.5b28.1x30.4x5.4x
Mon, 26 May 2025US$397.3bUS$87.0bUS$15.5b22.7x25.6x4.6x
Wed, 23 Apr 2025US$335.5bUS$84.9bUS$14.2b24.1x23.6x4x
Fri, 21 Mar 2025US$403.1bUS$84.8bUS$14.2b30.6x28.4x4.8x
Sun, 16 Feb 2025US$439.0bUS$85.1bUS$14.5b35x30.2x5.2x
Tue, 14 Jan 2025US$426.9bUS$83.2bUS$14.6b33.8x29.3x5.1x
Thu, 12 Dec 2024US$418.0bUS$83.2bUS$14.6b27.9x28.6x5x
Sat, 09 Nov 2024US$452.4bUS$82.9bUS$14.9b30x30.4x5.5x
Mon, 07 Oct 2024US$487.7bUS$82.5bUS$15.6b26x31.3x5.9x
Wed, 04 Sep 2024US$496.0bUS$82.5bUS$15.6b25.1x31.8x6x
Fri, 02 Aug 2024US$523.1bUS$83.2bUS$13.9b26.3x37.5x6.3x
Sun, 30 Jun 2024US$572.1bUS$82.8bUS$13.8b26.9x41.6x6.9x
Tue, 28 May 2024US$541.0bUS$82.8bUS$13.8b28.8x39.3x6.5x
Thu, 25 Apr 2024US$471.7bUS$84.0bUS$14.0b33.2x33.6x5.6x
Sat, 23 Mar 2024US$515.3bUS$84.5bUS$14.2b35.5x36.3x6.1x
Mon, 19 Feb 2024US$493.1bUS$85.5bUS$14.7b33x33.6x5.8x
Wed, 17 Jan 2024US$410.1bUS$90.1bUS$15.9b24.8x25.8x4.6x
Fri, 15 Dec 2023US$413.3bUS$90.1bUS$15.9b25.5x26x4.6x
Sun, 12 Nov 2023US$376.9bUS$90.2bUS$15.5b23.7x24.3x4.2x
Tue, 10 Oct 2023US$368.5bUS$93.9bUS$17.0b24.8x21.7x3.9x
Thu, 07 Sep 2023US$405.5bUS$93.9bUS$17.0b26.8x23.9x4.3x
Sat, 05 Aug 2023US$400.5bUS$94.3bUS$17.3b20.4x23.2x4.2x
Mon, 03 Jul 2023US$404.2bUS$96.1bUS$20.1b20.1x20.1x4.2x
Wed, 31 May 2023US$387.4bUS$96.1bUS$20.1b17.9x19.3x4x
Fri, 28 Apr 2023US$325.9bUS$96.0bUS$20.9b14.9x15.6x3.4x
Sun, 26 Mar 2023US$340.9bUS$96.1bUS$21.2b16.3x16.1x3.5x
Tue, 21 Feb 2023US$341.3bUS$95.3bUS$21.1b15.2x16.2x3.6x
Thu, 19 Jan 2023US$341.8bUS$92.3bUS$20.7b16.9x16.5x3.7x
Sat, 17 Dec 2022US$331.8bUS$92.3bUS$20.7b15.3x16x3.6x
Mon, 14 Nov 2022US$345.1bUS$91.8bUS$20.9b15.6x16.5x3.8x
Wed, 12 Oct 2022US$261.8bUS$87.9bUS$20.9b12.7x12.6x3x
Fri, 09 Sep 2022US$324.0bUS$87.9bUS$20.9b16.1x15.5x3.7x
Price to Earnings Ratio

15.5x


Total Market Cap: US$324.0bTotal Earnings: US$20.9bTotal Revenue: US$87.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductor Equipment Industry Price to Earnings3Y Average 25.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Semiconductor Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 25.6x.
  • The industry is trading close to its 3-year average PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor Equipment industry have declined 7.9% 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 Market0.45%
Tech0.29%
Semiconductors-1.71%
Semiconductor Equipment-0.77%
Semiconductors-1.77%
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
NVMI NovaUS$263.341.5%
+US$112.9m		30.6%PE33x
DQ Daqo New EnergyUS$25.356.9%
+US$109.3m		77.4%PS2.9x
SEDG SolarEdge TechnologiesUS$33.824.9%
+US$93.2m		53.2%PS2.1x
ALMU AelumaUS$22.799.3%
+US$30.8m		685.9%PS99.8x
PLAB PhotronicsUS$22.671.8%
+US$24.1m		-4.8%PE12.6x

Latest News

LRCX
US$100.15
Lam Research
7D
-3.4%
1Y
30.8%
PLAB
US$22.67
Photronics
7D
1.8%
1Y
-4.8%
KLAC
US$872.00
KLA
7D
-1.8%
1Y
17.6%
CAMT
US$82.71
Camtek
7D
-2.5%
1Y
0.7%

Is Now The Time To Put Camtek (NASDAQ:CAMT) On Your Watchlist?

Aug 29
Is Now The Time To Put Camtek (NASDAQ:CAMT) On Your Watchlist?
UCTT
US$24.02
Ultra Clean Holdings
7D
0.7%
1Y
-30.6%

These 4 Measures Indicate That Ultra Clean Holdings (NASDAQ:UCTT) Is Using Debt Reasonably Well

Aug 29
These 4 Measures Indicate That Ultra Clean Holdings (NASDAQ:UCTT) Is Using Debt Reasonably Well
DQ
US$25.35
Daqo New Energy
7D
6.9%
1Y
77.4%
NVMI
US$263.34
Nova
7D
1.5%
1Y
30.6%
MKSI
US$103.34
MKS
7D
-3.0%
1Y
-3.8%
AMAT
US$160.76
Applied Materials
7D
-2.3%
1Y
-12.3%
SEDG
US$33.82
SolarEdge Technologies
7D
4.9%
1Y
53.2%
ALMU
US$22.79
Aeluma
7D
9.3%
1Y
685.9%
ENTG
US$83.74
Entegris
7D
-2.2%
1Y
-22.7%
PDFS
US$20.45
PDF Solutions
7D
2.1%
1Y
-30.0%
ACMR
US$28.22
ACM Research
7D
-5.7%
1Y
68.9%

ACM Research (NASDAQ:ACMR) Has More To Do To Multiply In Value Going Forward

Aug 10
ACM Research (NASDAQ:ACMR) Has More To Do To Multiply In Value Going Forward
ONTO
US$106.00
Onto Innovation
7D
-2.7%
1Y
-43.2%

AI Packaging And Semilab Acquisition Will Drive Expansion

Analysts have lowered Onto Innovation’s price target from $134.62 to $126.88, citing near-term headwinds, reduced growth visibility, and the absence of positive catalysts ahead of the next-generation Dragonfly platform launch. Analyst Commentary Expectation of continued headwinds impacting Onto Innovation over the next 3-6 months.
AXTI
US$2.90
AXT
7D
4.7%
1Y
18.4%