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U.S. Semiconductors Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies86
  • 7D8.9%
  • 3M7.5%
  • 1Y36.6%
  • YTDn/a

In the last week, the Semiconductors industry is up 8.9%, with NVIDIA up 10%. This takes the industry's 12 month performance to a gain of 37%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 08 Mar 2023US$1.9tUS$349.0bUS$68.9b19.2x27.5x5.4x
Fri, 03 Feb 2023US$1.9tUS$348.9bUS$70.4b19.6x27.3x5.5x
Sun, 01 Jan 2023US$1.5tUS$355.1bUS$75.8b16.8x20.2x4.3x
Price to Earnings Ratio

20.2x


Total Market Cap: US$1.5tTotal Earnings: US$75.8bTotal Revenue: US$355.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 56.9x202320242025
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 52.0x which is lower than its 3-year average PE of 56.9x.
  • The 3-year average PS ratio of 11.0x is lower than the industry's current PS ratio of 15.0x.
Past Earnings Growth
  • The earnings for companies in the Semiconductors industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market3.10%
Tech5.09%
Semiconductors8.92%
Semiconductors8.91%
Semiconductor Equipment8.94%
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$188.6110.3%
+US$429.4b		34.5%PE46.2x
AVGO BroadcomUS$350.227.4%
+US$120.9b		46.1%PE71.8x
MU Micron TechnologyUS$286.6827.1%
+US$69.5b		221.1%PE27.1x
AMD Advanced Micro DevicesUS$215.048.5%
+US$27.6b		70.3%PE111.8x
ALAB Astera LabsUS$169.9721.2%
+US$5.0b		20.0%PE144.4x

Latest News

AVGO
US$350.22
Broadcom
7D
7.4%
1Y
46.1%
NVEC
US$62.24
NVE
7D
-12.3%
1Y
-24.8%

NVE Corporation's (NASDAQ:NVEC) Share Price Could Signal Some Risk

Dec 24
NVE Corporation's (NASDAQ:NVEC) Share Price Could Signal Some Risk
INTC
US$36.16
Intel
7D
-0.3%
1Y
76.9%

INTC: Foundry And AI Execution Will Drive Confidence In Turnaround Narrative

Analysts have lifted their Intel fair value estimate to about $52 from roughly $27, reflecting improving execution, early but encouraging foundry progress, and a clearer AI strategy, even as they continue to flag rich valuation and execution risk. Analyst Commentary Recent Street research reflects a more constructive, but still guarded, view on Intel as bullish analysts acknowledge improving execution and a clearer AI and foundry strategy.
ADI
US$277.56
Analog Devices
7D
2.4%
1Y
27.3%
MU
US$286.68
Micron Technology
7D
27.1%
1Y
221.1%
NVDA
US$188.61
NVIDIA
7D
10.3%
1Y
34.5%
AMD
US$215.04
Advanced Micro Devices
7D
8.5%
1Y
70.3%

AMD: OpenAI Data Center Pact Will Drive Long-Term AI Upside

The analyst fair value estimate for Advanced Micro Devices has risen sharply from $230.00 to approximately $362.15, as analysts increase long-term revenue growth and margin assumptions based on large multiyear AI accelerator and rack-scale system opportunities highlighted in recent Street research. Analyst Commentary Bullish analysts are broadly constructive on AMD's positioning in the accelerating AI infrastructure cycle, with recent notes emphasizing both the magnitude and duration of the company’s growth runway.
ALAB
US$169.97
Astera Labs
7D
21.2%
1Y
20.0%
MRVL
US$86.49
Marvell Technology
7D
5.9%
1Y
-25.4%
INDI
US$3.76
indie Semiconductor
7D
-1.1%
1Y
-11.3%

INDI: Automotive Radar Integration May Drive Stronger Future Performance

Analysts have nudged their price target on indie Semiconductor higher, citing stronger projected revenue growth and slightly improved profitability. Fair value estimates have risen from 4.00 dollars to 5.00 dollars as they modestly lower the assumed discount rate and lift future earnings multiple expectations.
CRDO
US$150.19
Credo Technology Group Holding
7D
12.0%
1Y
110.9%

CRDO: Future Returns Will Depend On Expanding AI Datacenter Connectivity

Analysts have nudged their average price target on Credo Technology Group Holding higher to about $214 from roughly $163, citing stronger expected revenue growth, improving profit margins and sustained AI related demand that supports premium yet slightly compressed forward valuation multiples. Analyst Commentary Recent research updates underscore a broadly constructive stance on Credo Technology, with multiple bullish analysts lifting price targets while framing the stock as a key beneficiary of structural AI and data center connectivity trends.
GFS
US$35.75
GlobalFoundries
7D
-1.4%
1Y
-19.9%

GFS: U.S. Manufacturing Demand And Policy Tailwinds Will Drive Upside Potential

Analysts have trimmed their price target on GlobalFoundries by about $8 to approximately $47 per share, citing a sluggish cyclical recovery, higher near term spending that offsets margin gains, and the longer runway before U.S. manufacturing advantages fully translate into revenue growth. Analyst Commentary Analyst reactions to the latest results have been mixed, with headline price targets moving lower but commentary emphasizing that GlobalFoundries continues to execute steadily against a challenging cyclical backdrop.
ARM
US$111.55
Arm Holdings
7D
-2.6%
1Y
-15.4%

ARM Risks Mount As AI-Driven Royalties May Not Justify Premium Multiple

We raise our fair value estimate for Arm Holdings to approximately $99 per share from about $86, reflecting analysts' higher price targets driven by solid earnings beats, accelerating licensing and AI related royalty growth, and improved long term revenue and multiple assumptions, despite a modestly higher discount rate and slightly lower profit margin outlook. Analyst Commentary Recent Street research on Arm reflects a generally constructive outlook on earnings power and artificial intelligence related optionality, but it also highlights areas of caution that could pressure the stock's premium valuation if execution falters.
SWKS
US$64.51
Skyworks Solutions
7D
-0.8%
1Y
-28.6%

SWKS: Merger Synergies With Qorvo Will Offset Ongoing Handset And Apple Risks

Our updated narrative lifts Skyworks Solutions' fair value estimate to $70, up from $58, as analysts cite the Qorvo merger's valuation and cost synergies as sufficient to offset lingering handset and Apple exposure headwinds. Analyst Commentary Recent Street research around the Skyworks and Qorvo merger has shifted from outright skepticism to a more balanced, wait and see stance.
VLN
US$1.38
Valens Semiconductor
7D
-6.8%
1Y
-31.7%
DVLT
US$0.80
Datavault AI
7D
-38.8%
1Y
-61.4%