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U.S. Semiconductors Industry Analysis

UpdatedDec 12, 2025
DataAggregated Company Financials
Companies85
  • 7D1.7%
  • 3M8.8%
  • 1Y48.9%
  • YTDn/a

Over the last 7 days, the Semiconductors industry has risen 1.7%, driven by gains from Broadcom of 6.7%. This takes the industry's 12 month performance to a gain of 49%. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Dec 2025US$8.3tUS$535.9bUS$149.7b37.6x55.8x15.6x
Sun, 09 Nov 2025US$8.1tUS$514.5bUS$134.6b33x60.4x15.8x
Tue, 07 Oct 2025US$7.9tUS$507.9bUS$121.0b42x65x15.5x
Thu, 04 Sep 2025US$7.1tUS$501.3bUS$112.6b35.5x63x14.1x
Sat, 02 Aug 2025US$7.2tUS$481.1bUS$102.0b33x70.6x15x
Mon, 30 Jun 2025US$6.6tUS$479.4bUS$102.8b29.9x64.6x13.9x
Wed, 28 May 2025US$5.6tUS$455.4bUS$94.0b28.6x59.1x12.2x
Fri, 25 Apr 2025US$4.4tUS$452.9bUS$94.7b19.1x46.9x9.8x
Sun, 23 Mar 2025US$5.1tUS$454.6bUS$94.7b22.7x53.5x11.1x
Tue, 18 Feb 2025US$5.9tUS$430.5bUS$79.6b27x74.5x13.8x
Thu, 16 Jan 2025US$5.7tUS$430.3bUS$82.1b30.4x69.3x13.2x
Sat, 14 Dec 2024US$5.7tUS$426.3bUS$79.0b33.7x71.7x13.3x
Mon, 11 Nov 2024US$6.0tUS$405.4bUS$69.3b33.7x87.2x14.9x
Wed, 09 Oct 2024US$5.6tUS$406.7bUS$86.2b30.3x65.3x13.8x
Fri, 06 Sep 2024US$4.7tUS$398.7bUS$88.6b29x53.5x11.9x
Sun, 04 Aug 2024US$4.7tUS$384.8bUS$78.9b27.5x59.2x12.1x
Tue, 02 Jul 2024US$5.4tUS$385.2bUS$82.8b30.1x65.7x14.1x
Thu, 30 May 2024US$5.1tUS$379.8bUS$81.8b30.1x62.7x13.5x
Sat, 27 Apr 2024US$4.3tUS$363.0bUS$69.1b26.7x61.7x11.7x
Mon, 25 Mar 2024US$4.5tUS$363.7bUS$67.0b26x67.6x12.5x
Wed, 21 Feb 2024US$3.8tUS$343.3bUS$56.3b28.9x66.9x11x
Fri, 19 Jan 2024US$3.4tUS$343.0bUS$53.6b29.4x62.9x9.8x
Sun, 17 Dec 2023US$3.1tUS$342.7bUS$54.7b27.9x57.4x9.2x
Tue, 14 Nov 2023US$2.8tUS$330.6bUS$46.4b26.6x59.7x8.4x
Thu, 12 Oct 2023US$2.7tUS$334.3bUS$48.8b25.4x55.4x8.1x
Sat, 09 Sep 2023US$2.6tUS$334.1bUS$51.8b25.5x51.1x7.9x
Mon, 07 Aug 2023US$2.7tUS$326.1bUS$46.3b25x57.8x8.2x
Wed, 05 Jul 2023US$2.6tUS$333.0bUS$47.2b25.8x55.5x7.9x
Fri, 02 Jun 2023US$2.5tUS$337.5bUS$50.9b25x48.7x7.3x
Sun, 30 Apr 2023US$2.0tUS$341.9bUS$53.2b20.1x37.6x5.9x
Tue, 28 Mar 2023US$2.0tUS$351.8bUS$69.1b18.4x29.2x5.7x
Thu, 23 Feb 2023US$1.8tUS$349.3bUS$69.1b20x25.9x5.1x
Sat, 21 Jan 2023US$1.7tUS$355.3bUS$75.7b20.2x22.4x4.8x
Mon, 19 Dec 2022US$1.6tUS$358.6bUS$78.3b17.3x20.6x4.5x
Price to Earnings Ratio

20.6x


Total Market Cap: US$1.6tTotal Earnings: US$78.3bTotal Revenue: US$358.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 56.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Semiconductors 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 56.6x.
  • The 3-year average PS ratio of 10.9x is lower than the industry's current PS ratio of 15.6x.
Past Earnings Growth
  • The earnings for companies in the Semiconductors industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market0.71%
Tech1.10%
Semiconductors1.82%
Semiconductors1.66%
Semiconductor Equipment3.73%
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
AVGO BroadcomUS$406.376.7%
+US$119.7b		124.9%PE102x
MU Micron TechnologyUS$258.4614.0%
+US$35.7b		163.1%PE34x
AMD Advanced Micro DevicesUS$221.432.5%
+US$8.9b		69.5%PE115.1x
QCOM QUALCOMMUS$181.274.0%
+US$7.0b		14.6%PE34.9x
ALAB Astera LabsUS$173.7013.9%
+US$3.6b		41.9%PE147.5x

Latest News

AVGO
US$406.37
Broadcom
7D
6.7%
1Y
124.9%
ADI
US$283.39
Analog Devices
7D
2.2%
1Y
30.2%

ADI: AI And Autos Are Expected To Drive Balanced Cyclical Recovery

We modestly lift our Analog Devices fair value estimate to $282.03 from $280.31, as analysts point to autos and AI driven upside, a strengthening cyclical recovery into 2026, and higher long term earnings power despite slightly lower near term margin assumptions. Analyst Commentary Street research remains broadly constructive on Analog Devices, with multiple firms lifting price targets on the back of autos strength, rising AI exposure, and confidence in a multi year cyclical recovery into 2026 and beyond.
QCOM
US$181.27
QUALCOMM
7D
4.0%
1Y
14.6%

QCOM: Premium Android Strength And Emerging AI Inference Will Drive Balanced Future Outcomes

Analysts have modestly raised their price target on Qualcomm to about $205, citing broad based strength in premium Android handsets, autos and IoT; a solid earnings beat; and growing optionality from the company’s emerging AI and data center accelerator initiatives. Analyst Commentary Bullish analysts see Qualcomm's latest quarter as reinforcing a multi year growth narrative, with upside driven by premium Android share gains, expanding auto and IoT businesses, and early traction in AI accelerators.
INTC
US$39.51
Intel
7D
-2.4%
1Y
90.1%
MRVL
US$89.43
Marvell Technology
7D
-8.9%
1Y
-18.0%
MCHP
US$69.09
Microchip Technology
7D
6.8%
1Y
12.3%

MCHP: 2026 Demand Recovery Will Offset Near-Term Guidance Weakness And Policy Uncertainty

Our updated narrative price target for Microchip Technology edges up to $73.92 from $73.64, as analysts balance recent target cuts and cautious near term guidance against expectations for a gradual demand recovery and resilient long term earnings power. Analyst Commentary Analysts remain divided on Microchip Technology, with recent target cuts reflecting near term execution risk even as longer term recovery expectations underpin valuation support.
AMD
US$221.43
Advanced Micro Devices
7D
2.5%
1Y
69.5%
CRDO
US$154.47
Credo Technology Group Holding
7D
-14.6%
1Y
125.8%
PI
US$152.56
Impinj
7D
-2.7%
1Y
-3.9%

PI: Expanded Office Lease Will Support Long-Term RAIN RFID Ecosystem Demand

Analysts have modestly raised their price target on Impinj to approximately 241.11 dollars, citing slightly lower discount rate assumptions that marginally increase the stock's implied fair value. What's in the News Impinj unveiled new Gen2X innovations at its 2025 Gen2X Solutions Developers Conference, introducing capabilities that inhibit counterfeit tags and items, reduce stray tag reads, and help readers focus on tags of interest in retail and industrial environments (Key Developments).
NVDA
US$180.93
NVIDIA
7D
-0.8%
1Y
34.8%
MU
US$258.46
Micron Technology
7D
14.0%
1Y
163.1%
ALAB
US$173.70
Astera Labs
7D
13.9%
1Y
41.9%

ALAB: Expanding Hyperscale Demand Will Drive Revenue Upside With UALink Momentum Ahead

Astera Labs' analyst price target has been modestly raised from $196.83 to $198.32. Analysts cite improved revenue growth projections and ongoing traction in hyperscale connectivity markets as key drivers for the update.
FSLR
US$272.83
First Solar
7D
6.0%
1Y
39.0%

FSLR: U.S. Manufacturing Expansion And Policy Trends Will Guide Balanced Outlook

The analyst price target for First Solar rose modestly to $271.61 from $269.64. Analysts cited supportive factors such as recent Q3 results, expanding U.S. capacity, and policy tailwinds.
ARM
US$136.14
Arm Holdings
7D
-3.1%
1Y
-8.0%

ARM: Expanding AI Initiatives Will Drive Rising Licensing And Royalty Momentum

Arm Holdings' fair value estimate has been raised by analysts to $167.97 from $166.72. This change reflects solid quarterly results, expanded AI initiatives, and continued licensing and royalty growth.
RGTI
US$26.88
Rigetti Computing
7D
-10.6%
1Y
350.3%
DVLT
US$1.44
Datavault AI
7D
-22.6%
1Y
-10.6%