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U.S. Semiconductors Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies131
  • 7D-4.4%
  • 3M2.3%
  • 1Y55.8%
  • YTD-0.2%

Over the last 7 days, the Semiconductors industry has dropped 4.4%, driven by a pullback from NVIDIA of 6.7%. In the past year, the industry has gained 56%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026US$9.0tUS$677.0bUS$201.1b43.8x44.6x13.3x
Tue, 27 Jan 2026US$9.2tUS$640.2bUS$175.9b41.1x52.1x14.3x
Thu, 25 Dec 2025US$8.9tUS$640.7bUS$176.4b36.5x50.5x13.9x
Sat, 22 Nov 2025US$8.3tUS$630.3bUS$165.7b33.7x49.9x13.1x
Mon, 20 Oct 2025US$8.6tUS$597.4bUS$137.3b35.9x62.6x14.4x
Wed, 17 Sep 2025US$8.2tUS$593.8bUS$134.6b32.2x60.6x13.7x
Fri, 15 Aug 2025US$8.0tUS$572.2bUS$118.2b30.4x67.4x13.9x
Sun, 13 Jul 2025US$7.3tUS$566.4bUS$118.3b31.8x62.1x13x
Tue, 10 Jun 2025US$6.4tUS$563.9bUS$116.8b26.9x54.8x11.3x
Thu, 08 May 2025US$5.3tUS$541.3bUS$109.4b24.8x48.1x9.7x
Sat, 05 Apr 2025US$4.7tUS$537.4bUS$108.9b20.5x42.8x8.7x
Mon, 03 Mar 2025US$5.7tUS$532.8bUS$103.5b31x55.4x10.8x
Wed, 29 Jan 2025US$5.9tUS$513.6bUS$96.5b31.2x61.6x11.6x
Fri, 27 Dec 2024US$6.4tUS$513.5bUS$96.7b29.7x66.3x12.5x
Sun, 24 Nov 2024US$6.1tUS$505.3bUS$93.4b29.7x65.4x12.1x
Tue, 22 Oct 2024US$6.2tUS$489.1bUS$101.7b28.1x61x12.7x
Thu, 19 Sep 2024US$5.5tUS$485.5bUS$99.5b26.6x55.5x11.4x
Sat, 17 Aug 2024US$5.8tUS$467.6bUS$94.8b28.5x61.2x12.4x
Mon, 15 Jul 2024US$6.3tUS$467.9bUS$96.6b29.8x65.4x13.5x
Wed, 12 Jun 2024US$5.9tUS$461.2bUS$95.7b30.3x61.3x12.7x
Fri, 10 May 2024US$4.8tUS$445.1bUS$83.3b28.8x58.2x10.9x
Sun, 07 Apr 2024US$4.8tUS$447.7bUS$81.6b29.8x59.4x10.8x
Tue, 05 Mar 2024US$4.9tUS$443.3bUS$81.1b29.6x60.4x11.1x
Thu, 01 Feb 2024US$4.0tUS$432.4bUS$71.9b29x55.3x9.2x
Sat, 30 Dec 2023US$3.6tUS$433.4bUS$69.5b27.7x52.4x8.4x
Mon, 27 Nov 2023US$3.2tUS$432.4bUS$70.6b25.2x46x7.5x
Wed, 25 Oct 2023US$2.9tUS$426.3bUS$65.3b22.9x43.9x6.7x
Fri, 22 Sep 2023US$2.8tUS$430.8bUS$68.7b24.6x41.4x6.6x
Sun, 20 Aug 2023US$2.9tUS$421.1bUS$62.9b25.1x46.2x6.9x
Tue, 18 Jul 2023US$3.1tUS$429.2bUS$67.3b24.5x46.2x7.2x
Thu, 15 Jun 2023US$3.1tUS$434.2bUS$71.9b23.9x42.5x7x
Sat, 13 May 2023US$2.3tUS$434.1bUS$70.4b19.2x33.2x5.4x
Mon, 10 Apr 2023US$2.4tUS$443.8bUS$85.6b17.7x27.6x5.3x
Wed, 08 Mar 2023US$2.2tUS$445.1bUS$90.1b17.9x24.8x5x
Price to Earnings Ratio

24.8x


Total Market Cap: US$2.2tTotal Earnings: US$90.1bTotal Revenue: US$445.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 53.4x202420252026
Current Industry PE
  • Investors are pessimistic on the American Semiconductor 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 45.8x which is lower than its 3-year average PE of 53.4x.
  • The 3-year average PS ratio of 10.5x is lower than the industry's current PS ratio of 13.6x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 31% 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 Trends

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

US Market-0.57%
Tech-2.05%
Semiconductors-4.37%
Semiconductor Equipment-1.16%
Semiconductors-4.75%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 29.5x.
    • Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings decline of 3.2% per year.
  • Investors are most pessimistic about the Semiconductors industry, which is trading below its 3-year average of 58.6x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 9.2% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 18% 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
INTC IntelUS$45.613.4%
+US$7.5b		92.2%PS4.3x
KLAC KLAUS$1.52k1.9%
+US$3.7b		115.1%PE43.8x
Q Qnity ElectronicsUS$126.7611.7%
+US$2.8b		n/aPE38.4x
ARM Arm HoldingsUS$127.451.5%
+US$2.0b		-3.2%PE169x
MRVL Marvell TechnologyUS$81.692.8%
+US$1.9b		-11.0%PE28.8x

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ARM
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