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U.S. Semiconductors Industry Analysis
UpdatedMay 04, 2025
DataAggregated Company Financials
Companies120
- 7D3.3%
- 3M-8.1%
- 1Y12.4%
- YTD-14.9%
In the last week, the Semiconductors industry is up 3.3%, with NVIDIA up 3.1%. Meanwhile, QUALCOMM actually underperformed within the industry, shrinking 5.9% in the last week. In the last 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the U.S. Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 May 2025 | US$5.3t | US$539.5b | US$109.5b | 20.8x | 48.7x | 9.9x |
| Tue, 01 Apr 2025 | US$5.1t | US$537.3b | US$108.9b | 24.6x | 46.6x | 9.4x |
| Thu, 27 Feb 2025 | US$5.9t | US$515.8b | US$93.9b | 32.4x | 62.3x | 11.3x |
| Sat, 25 Jan 2025 | US$6.7t | US$513.6b | US$96.5b | 32.4x | 69.6x | 13.1x |
| Mon, 23 Dec 2024 | US$6.1t | US$513.5b | US$96.7b | 29.1x | 63.3x | 11.9x |
| Wed, 20 Nov 2024 | US$6.1t | US$488.4b | US$83.4b | 30.1x | 72.6x | 12.4x |
| Fri, 18 Oct 2024 | US$6.2t | US$489.1b | US$101.7b | 29.1x | 60.6x | 12.6x |
| Sun, 15 Sep 2024 | US$5.6t | US$485.4b | US$99.5b | 26.9x | 56.7x | 11.6x |
| Tue, 13 Aug 2024 | US$5.2t | US$467.2b | US$94.7b | 27.8x | 55.1x | 11.2x |
| Thu, 11 Jul 2024 | US$6.4t | US$467.9b | US$96.6b | 31.5x | 66.1x | 13.6x |
| Sat, 08 Jun 2024 | US$5.8t | US$461.2b | US$95.7b | 29.2x | 60.8x | 12.6x |
| Mon, 06 May 2024 | US$4.8t | US$446.9b | US$84.0b | 27.4x | 56.7x | 10.6x |
| Wed, 03 Apr 2024 | US$5.0t | US$447.3b | US$81.7b | 29.6x | 61x | 11.1x |
| Fri, 01 Mar 2024 | US$4.5t | US$443.3b | US$81.1b | 29.7x | 56.1x | 10.3x |
| Sun, 28 Jan 2024 | US$4.0t | US$431.9b | US$71.4b | 29.5x | 55.4x | 9.2x |
| Tue, 26 Dec 2023 | US$3.6t | US$433.3b | US$69.5b | 27.4x | 51.5x | 8.3x |
| Thu, 23 Nov 2023 | US$3.3t | US$420.1b | US$62.0b | 25.4x | 53.4x | 7.9x |
| Sat, 21 Oct 2023 | US$2.8t | US$426.3b | US$65.3b | 23.4x | 43.5x | 6.7x |
| Mon, 18 Sep 2023 | US$3.0t | US$430.9b | US$68.7b | 25.3x | 43.7x | 7x |
| Wed, 16 Aug 2023 | US$3.0t | US$421.3b | US$63.0b | 24.9x | 47.2x | 7.1x |
| Fri, 14 Jul 2023 | US$3.1t | US$429.2b | US$67.3b | 23.7x | 46.7x | 7.3x |
| Sun, 11 Jun 2023 | US$2.8t | US$434.2b | US$71.9b | 23.8x | 39.6x | 6.6x |
| Tue, 09 May 2023 | US$2.4t | US$434.2b | US$70.7b | 19x | 33.5x | 5.5x |
| Thu, 06 Apr 2023 | US$2.4t | US$443.8b | US$85.6b | 17.6x | 27.7x | 5.3x |
| Sat, 04 Mar 2023 | US$2.3t | US$445.1b | US$90.1b | 18.4x | 25.3x | 5.1x |
| Mon, 30 Jan 2023 | US$2.2t | US$442.5b | US$91.5b | 17.9x | 23.5x | 4.9x |
| Wed, 28 Dec 2022 | US$1.8t | US$447.3b | US$96.4b | 15.7x | 18.8x | 4x |
| Fri, 25 Nov 2022 | US$2.0t | US$448.8b | US$97.5b | 17.6x | 20.7x | 4.5x |
| Sun, 23 Oct 2022 | US$1.7t | US$440.5b | US$104.0b | 15.3x | 16.2x | 3.8x |
| Tue, 20 Sep 2022 | US$1.9t | US$441.7b | US$105.0b | 16.7x | 17.6x | 4.2x |
| Thu, 18 Aug 2022 | US$2.2t | US$436.8b | US$105.0b | 19.3x | 20.8x | 5x |
| Sat, 16 Jul 2022 | US$1.9t | US$429.1b | US$106.9b | 18.1x | 18x | 4.5x |
| Mon, 13 Jun 2022 | US$2.1t | US$427.9b | US$106.0b | 20.2x | 19.4x | 4.8x |
| Wed, 11 May 2022 | US$2.1t | US$420.0b | US$104.1b | 19.4x | 20.3x | 5x |
Price to Earnings Ratio
20.3x
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 48.7x which is higher than its 3-year average PE of 43.2x.
- The 3-year average PS ratio of 8.1x is lower than the industry's current PS ratio of 9.9x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the U.S. Tech industry?
| US Market | 2.98% | |
| Tech | 4.16% | |
| Semiconductors | 3.30% | |
| Semiconductors | 3.39% | |
| Semiconductor Equipment | 2.13% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 47.9x.
- Analysts are expecting annual earnings growth of 23.7%, which is higher than its past year's earnings decline of 10.6% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, which is trading close to its 3-year average of 24.2x.
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 decline of 11% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NVDA NVIDIA | US$114.50 | 3.1% +US$85.2b | 29.0% | PE38.3x | |
| AVGO Broadcom | US$203.64 | 5.9% +US$53.3b | 59.3% | PE92.1x | |
| ARM Arm Holdings | US$123.27 | 8.8% +US$10.5b | 21.2% | PE161.2x | |
| LRCX Lam Research | US$74.52 | 4.3% +US$4.0b | -18.0% | PE20.5x | |
| AMD Advanced Micro Devices | US$98.80 | 2.2% +US$3.5b | -34.4% | PE97.3x |
