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U.S. Semiconductors Industry Analysis

UpdatedJan 01, 2026
DataAggregated Company Financials
Companies87
  • 7D-1.2%
  • 3M1.4%
  • 1Y40.4%
  • YTDn/a

Over the last 7 days, the Semiconductors industry has dropped 1.2%, driven by NVIDIA declining 1.1%. In the past year, the industry has gained 40%. 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
Fri, 02 Jan 2026US$8.1tUS$544.9bUS$157.3b35.7x51.7x14.9x
Sun, 30 Nov 2025US$8.1tUS$535.1bUS$147.0b34.9x55x15.1x
Tue, 28 Oct 2025US$8.2tUS$509.0bUS$141.7b45x57.6x16x
Thu, 25 Sep 2025US$7.6tUS$507.9bUS$120.6b40.1x62.8x14.9x
Sat, 23 Aug 2025US$7.2tUS$483.8bUS$102.3b36x70x14.8x
Mon, 21 Jul 2025US$7.1tUS$479.4bUS$102.8b31.3x68.9x14.8x
Wed, 18 Jun 2025US$6.2tUS$476.8bUS$101.3b29.9x60.7x12.9x
Fri, 16 May 2025US$5.7tUS$454.9bUS$93.8b24.7x61.3x12.6x
Sun, 13 Apr 2025US$4.6tUS$452.5bUS$94.7b18.2x49x10.3x
Tue, 11 Mar 2025US$5.0tUS$451.4bUS$94.1b25x52.7x11x
Thu, 06 Feb 2025US$5.4tUS$429.3bUS$79.6b29.7x67.3x12.5x
Sat, 04 Jan 2025US$5.9tUS$430.2bUS$82.1b31.2x71.4x13.6x
Mon, 02 Dec 2024US$5.6tUS$421.9bUS$78.8b32.6x71x13.3x
Wed, 30 Oct 2024US$5.8tUS$405.9bUS$85.5b31.2x67.9x14.3x
Fri, 27 Sep 2024US$5.4tUS$406.8bUS$86.2b30x62.3x13.2x
Sun, 25 Aug 2024US$5.5tUS$383.1bUS$78.4b31.6x69.8x14.3x
Tue, 23 Jul 2024US$5.3tUS$385.1bUS$82.8b27.8x63.5x13.7x
Thu, 20 Jun 2024US$5.9tUS$382.2bUS$80.6b30.4x73.2x15.4x
Sat, 18 May 2024US$4.6tUS$362.1bUS$69.6b30.2x65.5x12.6x
Mon, 15 Apr 2024US$4.3tUS$363.0bUS$67.4b25.5x64x11.9x
Wed, 13 Mar 2024US$4.3tUS$361.8bUS$64.0b29x67.5x11.9x
Fri, 09 Feb 2024US$3.7tUS$343.7bUS$56.7b28.8x66x10.9x
Sun, 07 Jan 2024US$3.1tUS$343.2bUS$53.6b28.9x57.1x8.9x
Tue, 05 Dec 2023US$2.8tUS$342.2bUS$54.5b25.8x51.5x8.2x
Thu, 02 Nov 2023US$2.4tUS$333.9bUS$48.4b24.4x50.3x7.3x
Sat, 30 Sep 2023US$2.6tUS$334.3bUS$48.8b25.3x52.7x7.7x
Mon, 28 Aug 2023US$2.6tUS$333.8bUS$51.5b25.9x50.5x7.8x
Wed, 26 Jul 2023US$2.7tUS$333.2bUS$47.2b24.4x57.9x8.2x
Fri, 23 Jun 2023US$2.6tUS$338.1bUS$51.8b25.6x49.6x7.6x
Sun, 21 May 2023US$2.2tUS$338.7bUS$50.3b22.6x42.9x6.4x
Tue, 18 Apr 2023US$2.0tUS$347.7bUS$64.4b20.8x31.6x5.9x
Thu, 16 Mar 2023US$1.9tUS$351.2bUS$69.0b18.9x27.9x5.5x
Sat, 11 Feb 2023US$1.9tUS$348.6bUS$67.8b20.1x27.4x5.3x
Mon, 09 Jan 2023US$1.6tUS$355.2bUS$75.7b16.8x20.9x4.5x
Price to Earnings Ratio

20.9x


Total Market Cap: US$1.6tTotal Earnings: US$75.7bTotal Revenue: US$355.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 57.2x202420252026
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 51.7x which is lower than its 3-year average PE of 57.1x.
  • The 3-year average PS ratio of 11.1x is lower than the industry's current PS ratio of 14.9x.
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 Market-1.43%
Tech-1.53%
Semiconductors-1.35%
Semiconductors-1.20%
Semiconductor Equipment-3.03%
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
INTC IntelUS$36.902.0%
+US$3.5b		82.5%PE889x
SIMO Silicon Motion TechnologyUS$92.704.1%
+US$123.0m		71.5%PE32.7x
SKYT SkyWater TechnologyUS$18.161.6%
+US$13.6m		31.6%PE7x
SELX Semilux InternationalUS$0.7828.2%
+US$7.5m		-46.8%PS8.9x
SYNA SynapticsUS$74.020.2%
+US$6.0m		-3.0%PS2.6x

Latest News

NVDA
US$186.50
NVIDIA
7D
-1.1%
1Y
38.9%
AVGO
US$346.10
Broadcom
7D
-1.2%
1Y
49.3%
MPWR
US$906.36
Monolithic Power Systems
7D
-4.9%
1Y
53.2%
NXPI
US$217.06
NXP Semiconductors
7D
-3.6%
1Y
4.4%
ARM
US$109.31
Arm Holdings
7D
-2.0%
1Y
-11.4%

ARM: AI Licensing And Royalties Will Drive Durable Future Upside

We modestly trim our Arm Holdings fair value estimate by about $3 to approximately $165 per share. This reflects analysts' higher discount rates amid concerns that the company's transition toward a broader semiconductor role could temporarily weigh on its valuation multiple, even as design wins, AI driven licensing and royalty strength, and raised Street price targets to around $180 to $190 underscore durable growth momentum.
ADI
US$271.20
Analog Devices
7D
-2.3%
1Y
27.6%

ADI: Autos And AI Upside Will Drive Multi Year Earnings Upswing

We are raising our Analog Devices fair value estimate from $310 to approximately $344 per share, as analysts lift price targets on the back of autos and AI driven upside, a stronger cyclical recovery into 2026, and improving confidence in the company’s long term growth and earnings power. Analyst Commentary Recent Street research skewed strongly positive, with bullish analysts lifting price targets across the board and reinforcing the view that Analog Devices is entering a multi year upcycle supported by both cyclical recovery and secular growth drivers.
QCOM
US$171.05
QUALCOMM
7D
-2.1%
1Y
11.3%

QCOM: Future AI And Android Momentum Will Balance Legal And Regulatory Risks

Analysts have raised their intrinsic value estimate for Qualcomm shares to approximately $159 from about $140, reflecting stronger expected top line growth, modestly higher margins, and increasing confidence that AI driven demand and premium Android share gains will support a richer earnings profile over time, despite a slightly higher perceived risk. Analyst Commentary Recent Street research on Qualcomm reflects a generally constructive view on the company, particularly around premium Android strength, AI exposure, and diversification beyond handsets.
SKYT
US$18.16
SkyWater Technology
7D
1.6%
1Y
31.6%

SKYT: Index Inclusion And Quantum Partnerships Will Shape A Balanced Outlook

Analysts have raised their price target on SkyWater Technology to approximately $17.00 per share from about $9.00, citing a higher expected fair value driven by improved profit margin assumptions, even as they modestly temper long term revenue growth expectations and apply a slightly higher discount rate and future earnings multiple. What's in the News SkyWater Technology was added to the S&P Semiconductors Select Industry Index, expanding its visibility with institutional investors (Index Constituent Adds).
INTC
US$36.90
Intel
7D
2.0%
1Y
82.5%

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.
SIMO
US$92.70
Silicon Motion Technology
7D
4.1%
1Y
71.5%

SIMO: Strengthening Memory Demand Will Drive Upcoming AI Storage Cycle Upside

Analysts have modestly lifted their price target on Silicon Motion Technology to $114.00 from $114, reflecting increased confidence in the company's positioning for strengthening memory demand and upcoming product cycles highlighted in recent research. Analyst Commentary Recent Street research reflects a constructive outlook on Silicon Motion Technology, with multiple firms lifting price targets into the $110 to $120 range as confidence grows in the company’s growth trajectory and execution on upcoming product cycles.
SYNA
US$74.02
Synaptics
7D
0.2%
1Y
-3.0%
TXN
US$173.49
Texas Instruments
7D
-2.1%
1Y
-7.5%

TXN: Inventory Discipline And Shifting Tariff Landscape Will Shape Cyclical Recovery Path

Analysts have trimmed their blended price target on Texas Instruments by less than $1 to approximately $189. This reflects slightly lower margin expectations and a slower than typical early-cycle recovery, even as revenue growth assumptions edge modestly higher.
VLN
US$1.42
Valens Semiconductor
7D
2.9%
1Y
-45.4%
SELX
US$0.78
Semilux International
7D
28.2%
1Y
-46.8%
GSIT
US$6.21
GSI Technology
7D
2.5%
1Y
105.0%