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U.S. Semiconductor Equipment Industry Analysis

UpdatedJun 29, 2026
DataAggregated Company Financials
Companies39
  • 7D-2.5%
  • 3M82.4%
  • 1Y233.4%
  • YTDn/a

Over the last 7 days, the Semiconductor Equipment industry has dropped 2.5%, driven by Qnity Electronics declining 9.9%. On the other hand Applied Materials is actually up 8.4%. This takes the industry's 12 month performance to a gain of 233%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Jun 2026US$1.6tUS$101.7bUS$22.6b80.1x69.8x15.5x
Thu, 28 May 2026US$1.3tUS$101.7bUS$22.5b68.6x57.5x12.7x
Sat, 25 Apr 2026US$1.2tUS$99.0bUS$21.3b53.7x54.6x11.7x
Mon, 23 Mar 2026US$951.7bUS$97.8bUS$20.8b44.5x45.8x9.7x
Wed, 18 Feb 2026US$962.1bUS$97.5bUS$20.7b42.2x46.6x9.9x
Fri, 16 Jan 2026US$864.0bUS$95.9bUS$19.0b47.5x45.4x9x
Sun, 14 Dec 2025US$699.1bUS$95.9bUS$19.0b37.2x36.7x7.3x
Tue, 11 Nov 2025US$670.9bUS$96.0bUS$18.9b37.8x35.5x7x
Thu, 09 Oct 2025US$589.6bUS$89.4bUS$16.3b33.5x36.1x6.6x
Sat, 06 Sep 2025US$453.1bUS$89.4bUS$16.3b26.6x27.7x5.1x
Mon, 04 Aug 2025US$462.6bUS$88.9bUS$16.2b25.5x28.5x5.2x
Wed, 02 Jul 2025US$467.5bUS$87.0bUS$15.5b28x30.2x5.4x
Fri, 30 May 2025US$408.3bUS$87.0bUS$15.5b23.8x26.4x4.7x
Sun, 27 Apr 2025US$377.0bUS$85.9bUS$14.6b26.5x25.8x4.4x
Tue, 25 Mar 2025US$395.1bUS$84.8bUS$14.2b31.1x27.8x4.7x
Thu, 20 Feb 2025US$439.0bUS$85.1bUS$14.5b34.7x30.2x5.2x
Sat, 18 Jan 2025US$457.2bUS$83.2bUS$14.6b36.4x31.3x5.5x
Mon, 16 Dec 2024US$421.6bUS$83.2bUS$14.6b28x28.9x5.1x
Wed, 13 Nov 2024US$438.6bUS$82.9bUS$14.9b28.3x29.5x5.3x
Fri, 11 Oct 2024US$494.1bUS$82.5bUS$15.6b27.3x31.7x6x
Sun, 08 Sep 2024US$436.9bUS$82.5bUS$15.6b24.9x28x5.3x
Tue, 06 Aug 2024US$445.1bUS$83.3bUS$14.0b25.2x31.9x5.3x
Thu, 04 Jul 2024US$587.3bUS$82.8bUS$13.8b33.4x42.7x7.1x
Sat, 01 Jun 2024US$532.9bUS$82.8bUS$13.8b28x38.7x6.4x
Mon, 29 Apr 2024US$498.1bUS$83.9bUS$14.1b35x35.4x5.9x
Wed, 27 Mar 2024US$510.6bUS$84.5bUS$14.2b34.1x36x6x
Fri, 23 Feb 2024US$475.7bUS$84.9bUS$14.5b34.5x32.8x5.6x
Sun, 21 Jan 2024US$434.3bUS$90.1bUS$15.9b25.1x27.3x4.8x
Tue, 19 Dec 2023US$431.2bUS$90.1bUS$15.9b25.4x27.1x4.8x
Thu, 16 Nov 2023US$392.8bUS$90.2bUS$15.5b25.1x25.3x4.4x
Sat, 14 Oct 2023US$374.3bUS$93.9bUS$17.0b24.8x22.1x4x
Mon, 11 Sep 2023US$389.3bUS$93.9bUS$17.0b25.2x22.9x4.1x
Wed, 09 Aug 2023US$402.4bUS$94.4bUS$17.2b23.1x23.4x4.3x
Fri, 07 Jul 2023US$388.7bUS$96.1bUS$20.1b18.8x19.3x4x
Price to Earnings Ratio

19.3x


Total Market Cap: US$388.7bTotal Earnings: US$20.1bTotal Revenue: US$96.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductor Equipment Industry Price to Earnings3Y Average 33.5x202420252026
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 69.8x which is higher than its 3-year average PE of 33.4x.
  • The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 15.5x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor Equipment industry have grown 3.9% 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 Market-2.52%
Tech-5.78%
Semiconductors-7.95%
Semiconductor Equipment-2.46%
Semiconductors-8.68%
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$693.868.4%
+US$42.6b		279.0%PE64.8x
KLAC KLAUS$278.353.4%
+US$12.0b		210.7%PE77.8x
LRCX Lam ResearchUS$410.660.3%
+US$1.4b		321.9%PE76.6x
TER TeradyneUS$463.281.4%
+US$983.7m		415.2%PE84.9x
UCTT Ultra Clean HoldingsUS$130.706.1%
+US$338.9m		479.1%PS2.8x

Latest News

AMAT
US$693.86
Applied Materials
7D
8.4%
1Y
279.0%
AEHR
US$94.71
Aehr Test Systems
7D
-16.4%
1Y
632.5%
KLAC
US$278.35
KLA
7D
3.4%
1Y
210.7%
UCTT
US$130.70
Ultra Clean Holdings
7D
6.1%
1Y
479.1%
KLIC
US$129.26
Kulicke and Soffa Industries
7D
4.1%
1Y
273.6%
TER
US$463.28
Teradyne
7D
1.4%
1Y
415.2%
LRCX
US$410.66
Lam Research
7D
0.3%
1Y
321.9%
AXTI
US$71.43
AXT
7D
-22.7%
1Y
3,317.7%
ICHR
US$105.45
Ichor Holdings
7D
5.9%
1Y
436.9%
FORM
US$144.12
FormFactor
7D
-8.0%
1Y
318.8%
NVMI
US$520.39
Nova
7D
-10.8%
1Y
89.1%
AMKR
US$82.34
Amkor Technology
7D
-12.0%
1Y
292.3%
CAMT
US$157.22
Camtek
7D
-19.7%
1Y
85.9%
Q
US$158.23
Qnity Electronics
7D
-9.9%
1Y
n/a
ONTO
US$351.45
Onto Innovation
7D
1.0%
1Y
248.2%
ENTG
US$171.09
Entegris
7D
-7.0%
1Y
112.1%
Narrative Update • Jun 17

ENTG: AI Materials Will Balance WFE Upcycle Promise With Cycle Sensitivity Risks

Analysts have lifted their Entegris price targets by up to $20, with recent updates pointing to higher wafer fab equipment expectations and viewing the company as well positioned for a longer WFE upcycle. Analyst Commentary Recent Street research on Entegris centers on higher price targets tied to wafer fab equipment expectations and how the company might perform if the WFE cycle extends.