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U.S. Semiconductors Industry Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies89
  • 7D3.3%
  • 3M-3.6%
  • 1Y84.1%
  • YTDn/a

Over the last 7 days, the Semiconductors industry has dropped 1.7%, driven by NVIDIA declining 1.6%. In contrast, Marvell Technology has gained 8.4%. In the past year, the industry has gained 66%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026US$7.9tUS$599.7bUS$194.7b35.4x40.5x13.2x
Sun, 01 Mar 2026US$8.0tUS$579.2bUS$180.4b39x44.3x13.8x
Tue, 27 Jan 2026US$8.3tUS$544.4bUS$156.9b39.9x52.7x15.2x
Thu, 25 Dec 2025US$8.2tUS$544.9bUS$157.4b36.3x52x15x
Sat, 22 Nov 2025US$7.7tUS$534.4bUS$146.7b33.5x52.2x14.3x
Mon, 20 Oct 2025US$8.0tUS$508.0bUS$121.0b41.5x66.1x15.7x
Wed, 17 Sep 2025US$7.7tUS$504.4bUS$118.3b39.2x64.7x15.2x
Fri, 15 Aug 2025US$7.5tUS$483.1bUS$102.0b34x73.2x15.5x
Sun, 13 Jul 2025US$6.9tUS$479.4bUS$102.8b32.7x66.7x14.3x
Tue, 10 Jun 2025US$6.0tUS$476.8bUS$101.3b29.1x59x12.5x
Thu, 08 May 2025US$4.9tUS$454.9bUS$94.3b19.9x51.8x10.7x
Sat, 05 Apr 2025US$4.3tUS$452.5bUS$94.7b18.2x45.6x9.5x
Mon, 03 Mar 2025US$5.3tUS$447.9bUS$89.3b24.8x59.6x11.9x
Wed, 29 Jan 2025US$5.5tUS$430.4bUS$82.0b29.9x67.4x12.8x
Fri, 27 Dec 2024US$6.0tUS$430.3bUS$82.1b31.6x72.9x13.9x
Sun, 24 Nov 2024US$5.7tUS$422.1bUS$78.8b32.8x72.2x13.5x
Tue, 22 Oct 2024US$5.8tUS$406.6bUS$86.1b30.1x66.9x14.2x
Thu, 19 Sep 2024US$5.1tUS$402.9bUS$83.9b28.5x60.3x12.6x
Sat, 17 Aug 2024US$5.3tUS$384.6bUS$79.0b30.9x66.8x13.7x
Mon, 15 Jul 2024US$5.7tUS$385.2bUS$82.9b29.8x69.2x14.9x
Wed, 12 Jun 2024US$5.3tUS$378.4bUS$81.9b30.6x64.9x14x
Fri, 10 May 2024US$4.3tUS$362.3bUS$69.7b28.8x62.3x12x
Sun, 07 Apr 2024US$4.3tUS$363.2bUS$67.4b25.9x64.4x12x
Tue, 05 Mar 2024US$4.4tUS$358.7bUS$66.9b28.9x65.5x12.2x
Thu, 01 Feb 2024US$3.5tUS$344.3bUS$57.0b31.3x62.1x10.3x
Sat, 30 Dec 2023US$3.2tUS$343.3bUS$53.6b30.8x59.8x9.3x
Mon, 27 Nov 2023US$2.9tUS$342.3bUS$54.7b27x52.1x8.3x
Wed, 25 Oct 2023US$2.5tUS$334.0bUS$48.9b24x51.5x7.5x
Fri, 22 Sep 2023US$2.5tUS$336.9bUS$51.7b24.9x48.1x7.4x
Sun, 20 Aug 2023US$2.5tUS$327.2bUS$45.9b25.1x55x7.7x
Tue, 18 Jul 2023US$2.7tUS$333.1bUS$47.2b25.4x57.4x8.1x
Thu, 15 Jun 2023US$2.7tUS$338.1bUS$51.8b26.8x51.4x7.9x
Sat, 13 May 2023US$2.0tUS$338.4bUS$50.3b20.9x39.7x5.9x
Mon, 10 Apr 2023US$2.0tUS$347.7bUS$64.4b20.8x31.5x5.8x
Price to Earnings Ratio

31.5x


Total Market Cap: US$2.0tTotal Earnings: US$64.4bTotal Revenue: US$347.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 59x202420252026
Current Industry PE
  • Investors are pessimistic on the American Semiconductors 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 39.8x which is lower than its 3-year average PE of 59.0x.
  • The industry is trading close to its 3-year average PS ratio of 11.9x.
Past Earnings Growth
  • The earnings for companies in the Semiconductors industry have grown 45% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Semiconductors compare with similar industries?

US Market1.90%
Tech2.41%
Semiconductors3.30%
Semiconductors3.32%
Semiconductor Equipment3.12%
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
NVDA NVIDIAUS$177.393.6%
+US$149.4b		74.3%PE35.9x
INTC IntelUS$50.3814.2%
+US$31.5b		124.6%PS4.8x
AVGO BroadcomUS$314.551.7%
+US$24.3b		104.2%PE59.6x
AMD Advanced Micro DevicesUS$217.506.7%
+US$22.4b		131.9%PE83.1x
MU Micron TechnologyUS$366.243.0%
+US$12.2b		392.7%PE17.1x

Latest News

AVGO
US$314.55
Broadcom
7D
1.7%
1Y
104.2%
INTC
US$50.38
Intel
7D
14.2%
1Y
124.6%
AMBA
US$50.54
Ambarella
7D
-4.0%
1Y
11.6%

Ambarella Sees Growth In Industrial Robotics

Apr 02
DIOD
US$68.58
Diodes
7D
-3.4%
1Y
85.2%

DIOD: Future Earnings Power Will Be Supported By Automotive Expansion And Execution Risks

Analysts have raised their price targets on Diodes by $18 and $13 in recent reports, reflecting updated views on the stock that inform the latest valuation assumptions. Analyst Commentary Recent price target increases on Diodes signal that research desks are refreshing their views on the company, with updated assumptions feeding into revised valuation ranges.
AMD
US$217.50
Advanced Micro Devices
7D
6.7%
1Y
131.9%

AMD: Expanded Meta AI Infrastructure Deal Will Support Future Upside

Analysts have raised their average price target for AMD by $5 to $280, citing expanded multi-year GPU deployments with Meta, reinforced confidence in the MI450/Helio roadmap, and a series of recent research updates that emphasize AI accelerator share gains and deepening ecosystem partnerships. Analyst Commentary Recent research on Advanced Micro Devices clusters around the expanded GPU agreement with Meta, the MI450 and Helio roadmap, and growing partnerships in data center and edge inference.
MRVL
US$107.11
Marvell Technology
7D
9.7%
1Y
92.5%
MU
US$366.24
Micron Technology
7D
3.0%
1Y
392.7%
GFS
US$43.75
GLOBALFOUNDRIES
7D
-1.8%
1Y
27.3%

GFS: Rising Street Conviction Will Support Execution On Margin Stability

Analysts have raised GLOBALFOUNDRIES' price target to a fair value estimate of $51.30, citing updated modeling of discount rates, revenue growth assumptions, profit margins and future P/E expectations as the main drivers of this change. Analyst Commentary Recent Street research on GLOBALFOUNDRIES clusters around a series of higher price targets across multiple firms, with analysts revisiting their models on discount rates, revenue trajectories, margin profiles and future P/E assumptions.
TSEM
US$197.80
Tower Semiconductor
7D
13.2%
1Y
525.9%
ARM
US$149.11
Arm Holdings
7D
-3.7%
1Y
52.6%
NVDA
US$177.39
NVIDIA
7D
3.6%
1Y
74.3%
MPWR
US$1,118.49
Monolithic Power Systems
7D
5.7%
1Y
124.3%
SWKS
US$55.19
Skyworks Solutions
7D
-2.6%
1Y
-2.8%
OLED
US$89.72
Universal Display
7D
-4.1%
1Y
-23.7%

OLED: IT Demand And 8.6 Gen Capacity Will Drive Future Re Rating

Analysts have trimmed their price target on Universal Display to $180 from $184, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as they weigh near term smartphone and TV softness against expectations for growth tied to IT demand, blue emitters and added 8.6 gen capacity. Analyst Commentary Bullish analysts have trimmed price targets but still highlight several potential growth drivers that they see as important for Universal Display over the medium term.
QRVO
US$78.70
Qorvo
7D
-2.4%
1Y
28.8%

QRVO: Handset Cycle Reset And Merger Vote Will Shape Future Margins

Qorvo's updated fair value estimate edges higher along with a modestly raised Street price target, with analysts pointing to refreshed handset assumptions, updated semiconductor group expectations and sector level target resets as the key drivers behind the change. Analyst Commentary Recent Street research around Qorvo has been active, with a mix of cautious and more constructive views feeding into the updated fair value work.
QCOM
US$126.80
QUALCOMM
7D
-0.2%
1Y
-0.5%

QCOM: AI Inference And Diversification Will Offset Handset And Apple Headwinds

QUALCOMM's analyst fair value estimate has been reset from about $193 to about $157 as analysts factor in a slightly higher discount rate, more cautious profit margin expectations, and recent downgrades citing share loss in a shrinking handset market and the expected roll off of Apple business. Analyst Commentary Recent Street research around QUALCOMM is mixed, with a cluster of cautious calls focused on handset exposure and Apple concentration, and a smaller group of more optimistic views pointing to diversification and new revenue pools.