Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Semiconductors Industry Analysis

UpdatedDec 05, 2025
DataAggregated Company Financials
Companies124
  • 7D2.2%
  • 3M16.1%
  • 1Y44.4%
  • YTD41.9%

Over the last 7 days, the Semiconductors industry has risen 2.2%, driven by gains from NVIDIA of 3.6%. This takes the industry's 12 month performance to a gain of 44%. 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, 05 Dec 2025US$8.9tUS$631.8bUS$168.7b37.5x52.9x14.1x
Sun, 02 Nov 2025US$9.3tUS$601.8bUS$156.9b36.1x59.5x15.5x
Tue, 30 Sep 2025US$8.2tUS$597.4bUS$136.9b35x60.2x13.8x
Thu, 28 Aug 2025US$7.9tUS$573.3bUS$118.8b33x66.4x13.8x
Sat, 26 Jul 2025US$7.6tUS$566.9bUS$117.0b28x64.9x13.4x
Mon, 23 Jun 2025US$6.6tUS$563.9bUS$116.8b26.6x56.2x11.6x
Wed, 21 May 2025US$6.1tUS$541.8bUS$109.3b23.5x56x11.3x
Fri, 18 Apr 2025US$4.7tUS$537.4bUS$108.9b22.6x43.2x8.7x
Sun, 16 Mar 2025US$5.6tUS$537.2bUS$108.1b29.5x51.6x10.4x
Tue, 11 Feb 2025US$6.1tUS$515.1bUS$95.9b31.1x63.3x11.8x
Thu, 09 Jan 2025US$6.4tUS$513.4bUS$96.7b31x66.2x12.5x
Sat, 07 Dec 2024US$6.3tUS$504.8bUS$92.9b31.3x67.5x12.4x
Mon, 04 Nov 2024US$6.0tUS$488.6bUS$84.7b29x71.1x12.3x
Wed, 02 Oct 2024US$5.8tUS$489.3bUS$101.8b28.2x57.1x11.9x
Fri, 30 Aug 2024US$5.8tUS$482.2bUS$104.4b29.1x55.3x12x
Sun, 28 Jul 2024US$5.6tUS$466.8bUS$96.0b27.2x57.9x11.9x
Tue, 25 Jun 2024US$6.1tUS$464.9bUS$94.3b29.7x65x13.2x
Thu, 23 May 2024US$5.1tUS$444.8bUS$83.4b30.3x61.6x11.6x
Sat, 20 Apr 2024US$4.6tUS$447.5bUS$81.6b27.7x56x10.2x
Mon, 18 Mar 2024US$4.8tUS$446.0bUS$78.2b30.4x61.1x10.7x
Wed, 14 Feb 2024US$4.3tUS$429.1bUS$70.9b29.6x60.7x10x
Fri, 12 Jan 2024US$3.6tUS$433.2bUS$69.5b25.1x52.5x8.4x
Sun, 10 Dec 2023US$3.2tUS$432.6bUS$70.6b24.5x46x7.5x
Tue, 07 Nov 2023US$3.0tUS$421.4bUS$62.6b24.3x47.9x7.1x
Thu, 05 Oct 2023US$3.0tUS$428.2bUS$65.8b24.8x45.4x7x
Sat, 02 Sep 2023US$3.1tUS$428.2bUS$68.7b26.5x45.8x7.3x
Mon, 31 Jul 2023US$3.2tUS$424.6bUS$68.2b24.3x46.9x7.5x
Wed, 28 Jun 2023US$3.0tUS$434.1bUS$71.9b23.6x41.4x6.9x
Fri, 26 May 2023US$2.5tUS$434.7bUS$70.4b20.9x34.9x5.7x
Sun, 23 Apr 2023US$2.3tUS$443.5bUS$85.4b18.4x27.5x5.3x
Tue, 21 Mar 2023US$2.4tUS$447.5bUS$90.3b18.1x26.2x5.3x
Thu, 16 Feb 2023US$2.3tUS$444.2bUS$90.2b18.9x25.5x5.2x
Sat, 14 Jan 2023US$2.0tUS$447.7bUS$96.4b18.2x21.1x4.5x
Mon, 12 Dec 2022US$2.0tUS$450.9bUS$98.9b17x20.1x4.4x
Price to Earnings Ratio

20.1x


Total Market Cap: US$2.0tTotal Earnings: US$98.9bTotal Revenue: US$450.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 51x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Semiconductor 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 51.0x.
  • The 3-year average PS ratio of 9.8x is lower than the industry's current PS ratio of 14.1x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market0.81%
Tech1.92%
Semiconductors2.22%
Semiconductor Equipment4.95%
Semiconductors1.99%
Industry PE
  • Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 56.4x.
    • Analysts are expecting annual earnings growth of 27.1%, which is higher than its past year's earnings growth of 8.7% per year.
  • Investors are most pessimistic about the Semiconductor Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 27.4x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NVDA NVIDIAUS$183.383.6%
+US$155.0b		28.7%PE44.9x
INTC IntelUS$40.5010.0%
+US$17.6b		94.7%PE975.7x
AMAT Applied MaterialsUS$269.447.8%
+US$15.5b		56.6%PE30.7x
TXN Texas InstrumentsUS$180.127.0%
+US$10.8b		-6.7%PE32.6x
ARM Arm HoldingsUS$140.495.9%
+US$8.4b		1.8%PE179.6x

Latest News

MRVL
US$98.19
Marvell Technology
7D
9.8%
1Y
-13.5%
NVDA
US$183.38
NVIDIA
7D
3.6%
1Y
28.7%
CSIQ
US$24.73
Canadian Solar
7D
-8.7%
1Y
115.8%

CSIQ: Battery Storage Upside Will Face Ongoing Policy And Trade Risks

Analysts modestly raised their price target on Canadian Solar, lifting estimated fair value by about $1.57 per share to roughly $23.33. Stronger long term revenue growth expectations and a robust battery energy storage outlook are partially offset by lower margin assumptions and ongoing policy and trade risks.
NXPI
US$226.16
NXP Semiconductors
7D
16.0%
1Y
3.4%
AMAT
US$269.44
Applied Materials
7D
7.8%
1Y
56.6%
AMBA
US$71.06
Ambarella
7D
-4.2%
1Y
-0.9%
MU
US$226.65
Micron Technology
7D
-1.6%
1Y
124.7%
ALAB
US$152.51
Astera Labs
7D
-1.1%
1Y
33.0%

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.
AVGO
US$381.03
Broadcom
7D
-4.2%
1Y
123.5%

AVGO: AI Partnerships And Customer Shifts Will Shape Risk And Reward Ahead

Analysts have increased their price target for Broadcom by approximately $9 to $404 per share, citing higher expected AI-related revenues and recent major customer wins as key factors behind the upward revision. Analyst Commentary Recent analyst research has highlighted a notable shift in sentiment toward Broadcom’s prospects, largely fueled by high-profile partnerships and accelerating AI revenue forecasts.
INTC
US$40.50
Intel
7D
10.0%
1Y
94.7%
FSLR
US$257.28
First Solar
7D
-5.7%
1Y
32.5%

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.
TXN
US$180.12
Texas Instruments
7D
7.0%
1Y
-6.7%

TXN: Inventory Discipline And Tariff Delay Will Support Modest Recovery Ahead

Analysts have lowered their price targets for Texas Instruments, with estimates now ranging from $150 to $210. This reflects concerns about margin pressures, mixed earnings results, stabilizing rather than improving inventory cycles, and the company's exposure to macroeconomic headwinds.
SEDG
US$31.94
SolarEdge Technologies
7D
-12.6%
1Y
149.9%

SEDG: International Expansion And Partnerships Will Offset Domestic Headwinds Through 2026

Analysts have raised their price target for SolarEdge Technologies, increasing it from $30.23 to $33.22. This change is attributed to improved margin outlooks as well as anticipated international and commercial growth opportunities.
ARM
US$140.49
Arm Holdings
7D
5.9%
1Y
1.8%

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.
QCOM
US$174.35
QUALCOMM
7D
3.7%
1Y
9.3%

QCOM: Premium Android Demand And AI Expansion Will Drive Future Gains Despite Risks

QUALCOMM's analyst price target has increased modestly from $187.71 to $191.80, as analysts cite stronger than expected premium Android performance, resilient profit margins, and optimism surrounding the company's AI initiatives and diversified growth outlook. Analyst Commentary Recent analyst notes on QUALCOMM provide a nuanced outlook, highlighting both encouraging developments and lingering uncertainties for the company’s growth and valuation prospects.
PI
US$156.79
Impinj
7D
-8.8%
1Y
-5.1%

PI: Expanded Lease And Office Space Expected To Fuel Revenue Momentum

Narrative Update on Impinj Price Target Analysts have revised their price target for Impinj downward from $246.25 to $241.11. This change reflects slightly lower expectations for profit margins and higher projected discount rates.