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U.S. Semiconductors Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies124
  • 7D-5.8%
  • 3M11.6%
  • 1Y35.8%
  • YTD40.1%

Over the last 7 days, the Semiconductors industry has dropped 5.8%, driven by NVIDIA declining 7.1%. In contrast, Micron Technology has gained 6.3%. In the past year, the industry has gained 36%. 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
Mon, 10 Nov 2025US$8.8tUS$610.5bUS$153.5b35.4x57.3x14.4x
Wed, 08 Oct 2025US$8.5tUS$597.4bUS$137.3b36.2x62.2x14.3x
Fri, 05 Sep 2025US$7.5tUS$590.9bUS$129.1b31.4x58.4x12.8x
Sun, 03 Aug 2025US$7.5tUS$570.1bUS$118.2b28.5x63.7x13.2x
Tue, 01 Jul 2025US$7.1tUS$566.4bUS$118.3b28.3x60.1x12.6x
Thu, 29 May 2025US$6.1tUS$542.4bUS$109.6b25.3x56x11.3x
Sat, 26 Apr 2025US$5.0tUS$538.8bUS$108.9b24.2x46.1x9.3x
Mon, 24 Mar 2025US$5.5tUS$539.4bUS$108.9b29.3x50.1x10.1x
Wed, 19 Feb 2025US$6.4tUS$515.5bUS$94.1b32x67.7x12.4x
Fri, 17 Jan 2025US$6.3tUS$513.5bUS$96.7b32.1x65.1x12.3x
Sun, 15 Dec 2024US$6.2tUS$509.6bUS$93.6b31.9x66.5x12.2x
Tue, 12 Nov 2024US$6.5tUS$488.2bUS$84.1b31.8x77.1x13.3x
Thu, 10 Oct 2024US$6.1tUS$489.2bUS$101.8b28.1x60.2x12.5x
Sat, 07 Sep 2024US$5.0tUS$485.4bUS$99.5b25.8x49.8x10.2x
Mon, 05 Aug 2024US$5.1tUS$468.1bUS$92.9b26x55.1x10.9x
Wed, 03 Jul 2024US$6.0tUS$467.9bUS$96.6b30.7x62.5x12.9x
Fri, 31 May 2024US$5.5tUS$462.6bUS$95.6b29.6x57.6x11.9x
Sun, 28 Apr 2024US$4.8tUS$446.9bUS$83.2b28.1x57.3x10.7x
Tue, 26 Mar 2024US$5.1tUS$448.2bUS$81.2b28.9x62.2x11.3x
Thu, 22 Feb 2024US$4.2tUS$428.2bUS$70.8b29.7x59.9x9.9x
Sat, 20 Jan 2024US$3.9tUS$433.1bUS$69.5b27x56.5x9.1x
Mon, 18 Dec 2023US$3.6tUS$432.7bUS$70.6b25.7x50.6x8.3x
Wed, 15 Nov 2023US$3.2tUS$420.7bUS$62.2b25x50.6x7.5x
Fri, 13 Oct 2023US$3.1tUS$428.2bUS$65.8b24.8x46.9x7.2x
Sun, 10 Sep 2023US$3.0tUS$428.0bUS$68.7b25.4x43.9x7x
Tue, 08 Aug 2023US$3.1tUS$420.5bUS$63.6b23.4x48.9x7.4x
Thu, 06 Jul 2023US$3.0tUS$429.1bUS$67.3b23x44.2x6.9x
Sat, 03 Jun 2023US$2.9tUS$434.3bUS$71.9b22.8x39.7x6.6x
Mon, 01 May 2023US$2.3tUS$437.3bUS$73.8b18.6x31.6x5.3x
Wed, 29 Mar 2023US$2.3tUS$447.9bUS$90.3b17.5x25.9x5.2x
Fri, 24 Feb 2023US$2.2tUS$443.0bUS$88.6b17.6x25.1x5x
Sun, 22 Jan 2023US$2.0tUS$447.6bUS$96.4b17.7x21.1x4.5x
Tue, 20 Dec 2022US$1.9tUS$450.9bUS$98.9b16x19.3x4.2x
Thu, 17 Nov 2022US$2.0tUS$447.9bUS$98.6b16.9x19.8x4.4x
Price to Earnings Ratio

19.8x


Total Market Cap: US$2.0tTotal Earnings: US$98.6bTotal Revenue: US$447.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 50.3x202320242025
Current Industry PE
  • Investors are optimistic on the American Semiconductor industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 57.3x which is higher than its 3-year average PE of 50.2x.
  • The 3-year average PS ratio of 9.6x is lower than the industry's current PS ratio of 14.4x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 11% 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-1.96%
Tech-4.59%
Semiconductors-5.78%
Semiconductor Equipment-0.59%
Semiconductors-6.18%
Industry PE
  • Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 55.5x.
    • Analysts are expecting annual earnings growth of 25.8%, which is higher than its past year's earnings growth of 3.3% 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 26.9x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 3.3% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 12% 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
MU Micron TechnologyUS$237.926.3%
+US$15.9b		112.6%PE31.3x
LRCX Lam ResearchUS$159.351.2%
+US$2.4b		103.8%PE34.4x
MTSI MACOM Technology Solutions HoldingsUS$170.0314.8%
+US$1.6b		23.3%PS13.1x
SITM SiTimeUS$326.9412.9%
+US$1.0b		45.0%PS30.3x
MKSI MKSUS$154.807.7%
+US$746.4m		33.1%PE37.3x

Latest News

MKSI
US$154.80
MKS
7D
7.7%
1Y
33.1%
INTC
US$38.13
Intel
7D
-4.7%
1Y
45.5%

INTC: Future Will Reflect Improved Execution And AI Foundry Opportunities Amid Persistent Risks

Intel's fair value estimate has been raised by analysts from approximately $28 to over $37 per share. The increase reflects improved demand, positive execution trends, and rising confidence in the company's AI and foundry strategies despite ongoing challenges.
MU
US$237.92
Micron Technology
7D
6.3%
1Y
112.6%

Micron Technology, Inc.'s (NASDAQ:MU) 28% Price Boost Is Out Of Tune With Revenues

Nov 07
Micron Technology, Inc.'s (NASDAQ:MU) 28% Price Boost Is Out Of Tune With Revenues
LRCX
US$159.35
Lam Research
7D
1.2%
1Y
103.8%
MTSI
US$170.03
MACOM Technology Solutions Holdings
7D
14.8%
1Y
23.3%

MTSI: Future Performance Will Depend On Sustaining High Profit Margins Across End Markets

Analysts have raised their price target for MACOM Technology Solutions Holdings by $7.71 to $157.00. They cite stronger projected profit margins and revenue growth, supported by consistent execution and broad end market potential.
QCOM
US$170.89
QUALCOMM
7D
-5.5%
1Y
-0.01%
RGTI
US$33.77
Rigetti Computing
7D
-23.7%
1Y
2,136.4%
ARM
US$152.38
Arm Holdings
7D
-10.3%
1Y
3.3%
CSIQ
US$28.47
Canadian Solar
7D
37.1%
1Y
135.3%

CSIQ: Policy Headwinds And Tariff Risks Will Challenge Future Operations

Analysts have raised their fair value estimate for Canadian Solar from $12.37 to $13.26. This change reflects updated forecasts for revenue growth and market risks in light of evolving U.S. policy challenges and sector outlooks.
RMBS
US$107.67
Rambus
7D
4.7%
1Y
93.0%
AMD
US$233.54
Advanced Micro Devices
7D
-8.8%
1Y
57.9%

AMD: Major AI Partnerships And Execution Will Determine Future Industry Positioning

Analysts have increased their average price target for Advanced Micro Devices by approximately $7 to $246. They cite robust AI-related partnerships, strong quarterly revenue growth, and improving profit margin projections as key factors behind the upward revision.
AMKR
US$34.78
Amkor Technology
7D
7.7%
1Y
27.1%
CRDO
US$163.61
Credo Technology Group Holding
7D
-12.8%
1Y
240.9%
AVGO
US$349.43
Broadcom
7D
-5.5%
1Y
90.3%

AVGO: Upcoming AI Chip Production With Key Partner Will Shape Competitive Position

Broadcom's analyst price target has been raised from approximately $387 to $392, as analysts point to significant revenue and profit margin upside following recent AI-focused collaborations with OpenAI and positive supply chain checks. Analyst Commentary Analyst sentiment on Broadcom has grown increasingly favorable following major AI partnerships and a notable ramp in custom chip orders.
SITM
US$326.94
SiTime
7D
12.9%
1Y
45.0%

SITM: Future Device Miniaturization And Steady Revenue Will Sustain Long-Term Value

Analysts have maintained their price target for SiTime at $285.00. This reflects continued confidence in the company's outlook given stable estimates for revenue growth and profit margins.
NVDA
US$188.15
NVIDIA
7D
-7.1%
1Y
27.4%

NVDA: Expanding AI Demand Will Drive Major Data Center Investments Through 2026

Nvidia's analyst price target has been raised from approximately $218.51 to $225.50. Analysts cite stronger revenue growth expectations and improved profit margins based on increased visibility into future AI infrastructure demand.