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U.S. Semiconductors Industry Analysis

UpdatedJan 25, 2026
DataAggregated Company Financials
Companies88
  • 7D-0.4%
  • 3M0.9%
  • 1Y35.4%
  • YTDn/a

The Semiconductors is pretty flat in the last 7 days, but Advanced Micro Devices has stood out, gaining 12%. The past year has been better, since the industry has gained 35% in that time. 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
Sun, 25 Jan 2026US$8.3tUS$544.4bUS$156.9b39.8x52.9x15.2x
Tue, 23 Dec 2025US$7.9tUS$544.8bUS$157.4b36.5x50.3x14.5x
Thu, 20 Nov 2025US$7.8tUS$512.5bUS$134.1b33.4x58.3x15.2x
Sat, 18 Oct 2025US$8.0tUS$508.0bUS$121.0b41.5x66x15.7x
Mon, 15 Sep 2025US$7.6tUS$504.4bUS$118.3b38.6x64.5x15.1x
Wed, 13 Aug 2025US$7.4tUS$483.1bUS$102.0b34.3x72.7x15.4x
Fri, 11 Jul 2025US$6.8tUS$479.4bUS$102.8b33.1x66.2x14.2x
Sun, 08 Jun 2025US$6.0tUS$476.8bUS$101.3b28.8x59x12.5x
Tue, 06 May 2025US$4.9tUS$452.7bUS$93.6b19.8x52.7x10.9x
Thu, 03 Apr 2025US$4.7tUS$452.5bUS$94.7b20.5x49.7x10.4x
Sat, 01 Mar 2025US$5.3tUS$447.9bUS$89.3b24.8x59.6x11.9x
Mon, 27 Jan 2025US$6.1tUS$430.4bUS$82.0b30.6x74.7x14.2x
Wed, 25 Dec 2024US$6.0tUS$430.3bUS$82.1b31.7x72.9x13.9x
Fri, 22 Nov 2024US$5.8tUS$422.1bUS$78.8b32.1x73.1x13.6x
Sun, 20 Oct 2024US$5.8tUS$406.6bUS$86.1b30.6x66.9x14.2x
Tue, 17 Sep 2024US$5.2tUS$402.9bUS$83.9b29.1x61.7x12.9x
Thu, 15 Aug 2024US$5.1tUS$384.7bUS$79.1b29.5x64x13.2x
Sat, 13 Jul 2024US$5.7tUS$385.2bUS$82.8b31.3x69x14.8x
Mon, 10 Jun 2024US$5.3tUS$378.4bUS$81.9b28.8x64.3x13.9x
Wed, 08 May 2024US$4.3tUS$362.5bUS$69.6b28.1x62.4x12x
Fri, 05 Apr 2024US$4.3tUS$363.2bUS$67.4b25.7x64.3x11.9x
Sun, 03 Mar 2024US$4.3tUS$358.7bUS$66.9b29.1x64.2x12x
Tue, 30 Jan 2024US$3.5tUS$343.8bUS$56.4b32.2x62.3x10.2x
Thu, 28 Dec 2023US$3.2tUS$343.2bUS$53.6b31.1x59.6x9.3x
Sat, 25 Nov 2023US$2.9tUS$342.3bUS$54.7b27x52.1x8.3x
Mon, 23 Oct 2023US$2.5tUS$334.0bUS$48.9b24.3x50.9x7.4x
Wed, 20 Sep 2023US$2.6tUS$336.9bUS$51.7b25.8x50.4x7.7x
Fri, 18 Aug 2023US$2.5tUS$327.2bUS$46.0b24.3x55.4x7.8x
Sun, 16 Jul 2023US$2.7tUS$333.2bUS$47.2b25.1x57.4x8.1x
Tue, 13 Jun 2023US$2.5tUS$338.1bUS$51.8b26x49x7.5x
Thu, 11 May 2023US$2.0tUS$338.4bUS$50.4b20.7x40x6x
Sat, 08 Apr 2023US$2.0tUS$347.7bUS$64.4b20.8x31.5x5.8x
Mon, 06 Mar 2023US$1.9tUS$349.1bUS$68.9b20.5x28x5.5x
Wed, 01 Feb 2023US$1.8tUS$348.7bUS$70.3b18.4x25.4x5.1x
Price to Earnings Ratio

25.4x


Total Market Cap: US$1.8tTotal Earnings: US$70.3bTotal Revenue: US$348.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 57.8x202420252026
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 52.9x which is lower than its 3-year average PE of 57.8x.
  • The 3-year average PS ratio of 11.3x is lower than the industry's current PS ratio of 15.2x.
Past Earnings Growth
  • The earnings for companies in the Semiconductors industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market-0.36%
Tech-0.95%
Semiconductors-0.52%
Semiconductors-0.37%
Semiconductor Equipment-1.84%
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
AMD Advanced Micro DevicesUS$259.6812.0%
+US$45.3b		111.4%PE135x
MU Micron TechnologyUS$399.6510.2%
+US$41.5b		287.3%PE37.8x
NVDA NVIDIAUS$187.670.8%
+US$35.0b		31.6%PE46x
ARM Arm HoldingsUS$116.079.7%
+US$10.9b		-28.6%PE148.4x
ADI Analog DevicesUS$305.601.8%
+US$2.3b		40.6%PE65.9x

Latest News

ARM
US$116.07
Arm Holdings
7D
9.7%
1Y
-28.6%

ARM: AI Licensing And Royalty Momentum Will Drive Future Upside Potential

Analysts have raised their fair value estimate for Arm Holdings to $215 from $210, citing higher modeled revenue growth, stronger profit margins, and a lower future P/E multiple as they incorporate recent bullish research and more positive views on licensing, royalties, and AI-related demand. Analyst Commentary Recent Street research on Arm Holdings has tilted more positive, with several bullish analysts citing solid execution on licensing and royalties, as well as growing AI related exposure, as reasons for revisiting their valuation work.
NVDA
US$187.67
NVIDIA
7D
0.8%
1Y
31.6%
INTC
US$45.07
Intel
7D
-4.0%
1Y
116.4%
QCOM
US$155.82
QUALCOMM
7D
-2.3%
1Y
-9.5%

QCOM: Future AI Data Center And Android Strength Will Offset Handset Uncertainty

Analysts have trimmed their fair value estimate for Qualcomm to about US$157.50 from roughly US$159.45. This reflects slightly higher discount rate assumptions and updated views on revenue growth, margins, and future P/E multiples, following mixed price target moves and a broader reassessment of the company's handset and AI accelerator opportunities.
ADI
US$305.60
Analog Devices
7D
1.8%
1Y
40.6%
ALAB
US$169.66
Astera Labs
7D
-6.8%
1Y
46.8%
SITM
US$342.90
SiTime
7D
-7.7%
1Y
38.5%
GFS
US$42.85
GlobalFoundries
7D
3.9%
1Y
2.8%

GlobalFoundries Inc.'s (NASDAQ:GFS) Shares Bounce 28% But Its Business Still Trails The Industry

Jan 22
GlobalFoundries Inc.'s (NASDAQ:GFS) Shares Bounce 28% But Its Business Still Trails The Industry
MPWR
US$1,063.74
Monolithic Power Systems
7D
3.0%
1Y
56.8%

MPWR: DC AI Demand And Enterprise Data Ramps Will Support Multiyear Earnings

Narrative Update Analysts have nudged their fair value estimate for Monolithic Power Systems slightly higher to about $1,198 per share, citing recent price target increases and supportive commentary around diversified growth and DC/AI demand. Analyst Commentary Recent research has generally leaned positive on Monolithic Power Systems, with several bullish analysts raising price targets and pointing to solid execution across key end markets, especially data center and AI related demand.
AMD
US$259.68
Advanced Micro Devices
7D
12.0%
1Y
111.4%

AMD: AI Rack Systems And Policy Risks Will Shape The Next Phase

Analysts nudged their price target higher for Advanced Micro Devices, with fair value moving from $207.91 to $213.89 as they factor in slightly stronger expected revenue growth, a small uplift in profit margins, and a modestly higher future P/E multiple, supported by recent research highlighting AI accelerator demand, rack scale system opportunities, and broader data center traction. Analyst Commentary Recent research around AMD reflects a mix of optimism on AI growth and clear reminders that execution and competition still matter a lot for what investors are paying for the stock.
AVGO
US$320.05
Broadcom
7D
-9.0%
1Y
30.8%

AVGO: AI Custom Silicon Demand Will Drive Future Risk Reward Profile

Analysts raised their Broadcom fair value estimate from $403.66 to $456.56, reflecting expectations for higher projected revenue growth, slightly stronger profit margins, and a more moderate future P/E multiple supported by recent positive research on AI-related demand and custom silicon exposure. Analyst Commentary Recent Street research on Broadcom clusters around AI exposure, custom silicon, and the implications for valuation, margins, and long term growth execution.
NXPI
US$232.48
NXP Semiconductors
7D
-2.0%
1Y
8.9%

NXPI: Future Returns Will Hinge On Edge AI Initiatives And Buybacks

Analysts have nudged their price targets for NXP Semiconductors higher, reflected in a fair value estimate moving from US$212.84 to US$216.28. They highlight updated expectations for margins, growth and valuation across the semiconductor group.
CRDO
US$133.16
Credo Technology Group Holding
7D
-11.8%
1Y
65.5%

CRDO: Sector Q3 Support And AI Connectivity Licensing Will Drive Upside

Analysts have lifted their fair value estimate for Credo Technology Group Holding by US$10 to US$260, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E, in line with recent price target increases cited in Street research. Analyst Commentary Recent Street research has leaned constructive on Credo Technology Group Holding, with bullish analysts marking up their price targets in response to their updated outlooks on earnings and sector trends.
TXN
US$193.31
Texas Instruments
7D
0.9%
1Y
4.2%
MU
US$399.65
Micron Technology
7D
10.2%
1Y
287.3%

MU: AI Memory Supercycle Hype Will Eventually Meet New DRAM Capacity

Our fair value estimate for Micron Technology has been adjusted higher to US$176.14 from US$171.83, reflecting analysts' higher price targets and rationale around tight DRAM supply, strong AI driven memory demand, and expectations for improved margins and earnings power. Analyst Commentary Recent research has generally pointed to tight DRAM conditions, AI related memory demand, and constrained high bandwidth memory supply as key themes for Micron.
RGTI
US$23.45
Rigetti Computing
7D
-8.5%
1Y
77.7%