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U.S. Semiconductors Industry Analysis

UpdatedFeb 05, 2026
DataAggregated Company Financials
Companies90
  • 7D-8.9%
  • 3M-4.9%
  • 1Y37.7%
  • YTDn/a

Over the last 7 days, the Semiconductors industry has dropped 8.9%, driven by NVIDIA declining 9.5%. In the past year, the industry has gained 38%. Looking forward, 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
Thu, 05 Feb 2026US$7.9tUS$548.0bUS$158.1b40.4x50.2x14.5x
Sat, 03 Jan 2026US$8.1tUS$544.9bUS$157.3b36.6x51.6x14.9x
Mon, 01 Dec 2025US$8.1tUS$535.1bUS$147.0b34.9x55x15.1x
Wed, 29 Oct 2025US$8.4tUS$508.9bUS$141.6b45.5x59.1x16.5x
Fri, 26 Sep 2025US$7.6tUS$507.9bUS$120.6b38.9x63.1x15x
Sun, 24 Aug 2025US$7.3tUS$483.8bUS$102.3b36x71.3x15.1x
Tue, 22 Jul 2025US$7.1tUS$479.4bUS$102.8b31.1x68.9x14.8x
Thu, 19 Jun 2025US$6.1tUS$476.8bUS$101.3b30.3x60.4x12.8x
Sat, 17 May 2025US$5.7tUS$454.9bUS$93.8b25.1x61.3x12.6x
Mon, 14 Apr 2025US$4.6tUS$452.5bUS$94.7b18.2x49x10.3x
Wed, 12 Mar 2025US$4.7tUS$451.5bUS$94.1b25.6x50.1x10.4x
Fri, 07 Feb 2025US$5.7tUS$431.2bUS$79.9b28.7x71.1x13.2x
Sun, 05 Jan 2025US$6.1tUS$430.2bUS$82.1b31.2x73.9x14.1x
Tue, 03 Dec 2024US$5.6tUS$421.8bUS$78.8b33.4x71x13.3x
Thu, 31 Oct 2024US$5.8tUS$407.0bUS$85.9b30x67.9x14.3x
Sat, 28 Sep 2024US$5.3tUS$406.8bUS$86.2b30.7x62.1x13.1x
Mon, 26 Aug 2024US$5.5tUS$383.1bUS$78.4b31.6x69.8x14.3x
Wed, 24 Jul 2024US$5.4tUS$385.1bUS$82.8b28x65.5x14.1x
Fri, 21 Jun 2024US$5.9tUS$382.2bUS$80.6b31.4x73.2x15.4x
Sun, 19 May 2024US$4.5tUS$362.1bUS$69.6b30.2x64.7x12.4x
Tue, 16 Apr 2024US$4.3tUS$363.0bUS$67.4b24.9x64x11.9x
Thu, 14 Mar 2024US$4.5tUS$361.8bUS$64.0b28.6x70x12.4x
Sat, 10 Feb 2024US$3.9tUS$343.7bUS$56.7b28.8x68.4x11.3x
Mon, 08 Jan 2024US$3.1tUS$343.2bUS$53.6b28.9x57.1x8.9x
Wed, 06 Dec 2023US$2.8tUS$342.2bUS$54.5b25.4x50.7x8.1x
Fri, 03 Nov 2023US$2.5tUS$331.0bUS$46.9b25.2x53.4x7.6x
Sun, 01 Oct 2023US$2.6tUS$334.3bUS$48.8b25.3x53x7.7x
Tue, 29 Aug 2023US$2.6tUS$333.8bUS$51.5b25.9x50.5x7.8x
Thu, 27 Jul 2023US$2.7tUS$332.4bUS$46.6b23.5x58.6x8.2x
Sat, 24 Jun 2023US$2.5tUS$338.1bUS$51.8b24.3x48.8x7.5x
Mon, 22 May 2023US$2.2tUS$338.7bUS$50.3b22.6x42.9x6.4x
Wed, 19 Apr 2023US$2.1tUS$347.7bUS$64.4b20.9x31.9x5.9x
Fri, 17 Mar 2023US$2.0tUS$351.3bUS$69.0b18.4x29x5.7x
Sun, 12 Feb 2023US$1.9tUS$348.6bUS$67.8b20.1x27.4x5.3x
Price to Earnings Ratio

27.4x


Total Market Cap: US$1.9tTotal Earnings: US$67.8bTotal Revenue: US$348.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 58.1x202420252026
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 50.2x which is lower than its 3-year average PE of 58.1x.
  • The 3-year average PS ratio of 11.4x is lower than the industry's current PS ratio of 14.5x.
Past Earnings Growth
  • The earnings for companies in the Semiconductors industry have grown 33% 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-1.46%
Tech-6.07%
Semiconductors-9.27%
Semiconductors-8.91%
Semiconductor Equipment-12.38%
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
TXN Texas InstrumentsUS$222.923.1%
+US$6.1b		22.8%PE40.4x
SLAB Silicon LaboratoriesUS$203.4141.0%
+US$1.9b		36.5%PS8.5x
ADI Analog DevicesUS$320.440.9%
+US$1.4b		52.7%PE69.1x
ALGM Allegro MicroSystemsUS$38.2010.6%
+US$682.2m		55.2%PS8.4x
SWKS Skyworks SolutionsUS$59.005.8%
+US$477.3m		-10.1%PE22.2x

Latest News

TXN
US$222.92
Texas Instruments
7D
3.1%
1Y
22.8%

Investors Appear Satisfied With Texas Instruments Incorporated's (NASDAQ:TXN) Prospects As Shares Rocket 26%

Feb 05
Investors Appear Satisfied With Texas Instruments Incorporated's (NASDAQ:TXN) Prospects As Shares Rocket 26%
SLAB
US$203.41
Silicon Laboratories
7D
41.0%
1Y
36.5%
SWKS
US$59.00
Skyworks Solutions
7D
5.8%
1Y
-10.1%
SIMO
US$128.37
Silicon Motion Technology
7D
9.6%
1Y
126.7%
AMD
US$200.19
Advanced Micro Devices
7D
-20.8%
1Y
78.7%

AMD: AI Data Center Demand Will Drive Long-Term Earnings Power

Analysts have raised their price targets on Advanced Micro Devices by up to $30, citing healthy server demand, confidence in the AI accelerator roadmap, and updated assumptions for growth, margins, and a higher future P/E multiple in their models. Analyst Commentary Recent research on Advanced Micro Devices has tilted clearly constructive, with several bullish analysts revisiting their models and assumptions around AI, servers, and long term earnings power.
AVGO
US$308.05
Broadcom
7D
-7.6%
1Y
32.8%

AVGO: AI Custom Silicon Demand Will Shape Future Earnings Power

Analysts have lifted their Broadcom fair value estimate from US$415.56 to US$535.00, citing stronger AI related revenue assumptions, slightly leaner profit margins, and a lower future P/E expectation as they recalibrate forecasts alongside a series of recent upgrades and higher price targets across the semiconductor group. Analyst Commentary Recent Street research around Broadcom has leaned constructive, with several firms revising price targets, initiating coverage, or resuming opinions that highlight the company as a key beneficiary of AI related spending and custom silicon demand.
QRVO
US$80.95
Qorvo
7D
3.6%
1Y
2.6%
ADI
US$320.44
Analog Devices
7D
0.9%
1Y
52.7%
CRDO
US$96.95
Credo Technology Group Holding
7D
-25.2%
1Y
21.8%

CRDO: Neutral Stances Will Balance AI Scaling Prospects And Execution Risks

Analysts raised their price target on Credo Technology Group Holding by about $45.68 to roughly $117.68 per share, citing updated assumptions for revenue growth, profit margins and future P/E, as well as recent Street research that includes a neutral initiation and a higher target from major firms. Analyst Commentary Recent Street research on Credo Technology Group Holding points to a mixed setup, with some analysts expressing caution even as they update their models and targets.
ALGM
US$38.20
Allegro MicroSystems
7D
10.6%
1Y
55.2%
MRVL
US$73.73
Marvell Technology
7D
-11.8%
1Y
-36.7%
MU
US$379.40
Micron Technology
7D
-12.9%
1Y
301.3%

MU: AI Memory Shortages Will Eventually Draw New Capacity And Pressure Returns

Analysts have lifted their fair value estimate for Micron from US$249.31 to US$365.22. They point to higher assumed revenue growth, wider profit margins and a lower future P/E multiple, supported by recent price target increases and generally positive commentary around tight memory supply and AI driven demand.
WOLF
US$17.20
Wolfspeed
7D
-1.5%
1Y
n/a
NVDA
US$174.19
NVIDIA
7D
-9.5%
1Y
35.4%
ARM
US$104.90
Arm Holdings
7D
-4.6%
1Y
-39.5%

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.
QCOM
US$148.89
QUALCOMM
7D
-2.5%
1Y
-15.3%

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.