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

Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically. The industry is trading at a PE ratio of 16.0x which is lower than its 3-year average PE of 27.6x.

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

There is insufficient data on the sub-industries of this industry.

U.S. Semiconductor Equipment Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Fri, 27 May 2022	US$324.6b	US$84.8b	US$20.5b	16x
Sun, 24 Apr 2022	US$324.2b	US$82.3b	US$19.7b	17.4x
Tue, 22 Mar 2022	US$385.6b	US$81.6b	US$19.3b	20.9x
Thu, 17 Feb 2022	US$399.3b	US$79.7b	US$18.4b	24.1x
Sat, 15 Jan 2022	US$461.6b	US$76.9b	US$17.4b	28.2x
Mon, 13 Dec 2021	US$453.2b	US$76.9b	US$17.4b	26.4x
Wed, 10 Nov 2021	US$446.8b	US$75.7b	US$16.8b	26.8x
Fri, 08 Oct 2021	US$371.4b	US$71.9b	US$15.2b	24.1x
Sun, 05 Sep 2021	US$396.1b	US$71.9b	US$15.2b	27.2x
Tue, 03 Aug 2021	US$411.1b	US$70.1b	US$14.3b	29.6x
Fri, 07 May 2021	US$387.4b	US$64.1b	US$12.1b	36.1x
Mon, 08 Feb 2021	US$321.6b	US$61.1b	US$11.0b	31.6x
Sun, 01 Nov 2020	US$217.4b	US$57.9b	US$10.0b	28.9x
Wed, 05 Aug 2020	US$221.7b	US$54.7b	US$8.7b	34.7x
Sat, 09 May 2020	US$164.9b	US$52.1b	US$7.9b	27.7x
Fri, 31 Jan 2020	US$178.3b	US$50.0b	US$7.4b	29.2x
Mon, 04 Nov 2019	US$167.9b	US$48.3b	US$7.1b	26.3x
Thu, 08 Aug 2019	US$143.6b	US$47.8b	US$7.4b	22.8x


US Market	1.04%
Tech	0.98%
Semiconductors	-0.84%
Semiconductor Equipment	0.39%
Semiconductors	-1.06%

Company	Last Price	7D	1Y	Valuation
LRCX Lam Research	US$509.21	7.9% +US$5.1b	-21.1%	PS15.6x
AMAT Applied Materials	US$115.07	3.9% +US$3.8b	-16.5%	PS15x
KLAC KLA	US$353.28	4.4% +US$2.2b	11.6%	PS16.7x
ENPH Enphase Energy	US$178.78	8.0% +US$1.8b	25.6%	PS145.8x
SEDG SolarEdge Technologies	US$266.44	5.7% +US$789.8m	3.9%	PS85.7x

May 27

Applied Materials, Inc.’s New Ioniq™ PVD System Solves Wiring Resistance Challenges of 2D Scaling

Applied Materials, Inc. introduced a new system that re-engineers the deposition of transistor wiring to significantly reduce electrical resistance, which has become a critical bottleneck to further improvements in chip performance and power. Chipmakers are using advances in lithography to shrink chips to the 3nm node and beyond. Unfortunately, as the wires become thinner, the electrical resistance increases exponentially, and this reduces chip performance and increases power consumption. If left unchecked, the wiring resistance can fully negate the benefits of more advanced transistors. Chip wiring is deposited into trenches and vias that are etched into a dielectric material. In the conventional approach, the wiring is deposited using a metal stack that typically includes a barrier layer to prevent the metal from mixing with the dielectric; a liner layer to promote adhesion; a seed layer to facilitate metal fill; and a conductive metal like tungsten or cobalt for the transistor contacts and copper for the interconnect wires. The barriers and liners don’t scale well, so as the trenches and vias shrink, the proportion of space available for conductive metals is reduced; and the smaller the wiring, the higher the electrical resistance. The Ioniq PVD system is an Integrated Materials Solution™ (IMS™) that includes surface preparation along with PVD and CVD processes in a single, high-vacuum system. Ioniq PVD enables chipmakers to replace the high-resistance liner and barrier layers, typically made of titanium nitride, with a pure, low-resistance PVD tungsten film which is then combined with CVD tungsten to create a pure tungsten metal contact. The solution solves the resistance challenges and enables 2D scaling to continue to the 3nm node and beyond.

U.S. Semiconductor Equipment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

AMAT

Applied Materials, Inc.’s New Ioniq™ PVD System Solves Wiring Resistance Challenges of 2D Scaling

PLAB

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

CYBE

Here's Why We Think CyberOptics (NASDAQ:CYBE) Is Well Worth Watching

KLAC

Now 20% undervalued after recent price drop

ASYS

Independent Director recently bought US$316k worth of stock

ENPH

Enphase Energy: Sell Before It Falls Further

ATOM

Here's Why We're Not Too Worried About Atomera's (NASDAQ:ATOM) Cash Burn Situation

CVV

First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.23 loss in 1Q 2021)

TER

Upcoming dividend of US$0.11 per share

LRCX

At US$482, Is Lam Research Corporation (NASDAQ:LRCX) Worth Looking At Closely?

SEDG

SolarEdge Technologies: Trying To Outshine Its Competitors

VECO

Consensus forecasts updated

ENTG

Entegris (NASDAQ:ENTG) Could Easily Take On More Debt

AEHR

Investor sentiment deteriorated over the past week