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U.S. Semiconductors Industry Analysis
UpdatedMay 05, 2025
DataAggregated Company Financials
Companies120
- 7D3.3%
- 3M-7.3%
- 1Y11.3%
- YTD-14.9%
The Semiconductors industry is up 3.3% in the last week, 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 |
|---|---|---|---|---|---|---|
| Mon, 05 May 2025 | US$5.3t | US$539.5b | US$109.5b | 20.8x | 48.7x | 9.9x |
| Wed, 02 Apr 2025 | US$5.0t | US$537.3b | US$108.9b | 24.6x | 46.2x | 9.4x |
| Fri, 28 Feb 2025 | US$6.0t | US$533.0b | US$103.8b | 30.5x | 58.2x | 11.3x |
| Sun, 26 Jan 2025 | US$6.6t | US$513.6b | US$96.5b | 32.4x | 68.1x | 12.8x |
| Tue, 24 Dec 2024 | US$6.1t | US$513.5b | US$96.7b | 29.8x | 63.3x | 11.9x |
| Thu, 21 Nov 2024 | US$6.2t | US$488.3b | US$83.4b | 30.3x | 74.6x | 12.7x |
| Sat, 19 Oct 2024 | US$6.2t | US$489.1b | US$101.7b | 29x | 60.8x | 12.6x |
| Mon, 16 Sep 2024 | US$5.6t | US$485.4b | US$99.5b | 26.9x | 56.7x | 11.6x |
| Wed, 14 Aug 2024 | US$5.2t | US$467.2b | US$94.7b | 28x | 55.2x | 11.2x |
| Fri, 12 Jul 2024 | US$6.5t | US$467.9b | US$96.6b | 31x | 67.6x | 14x |
| Sun, 09 Jun 2024 | US$5.8t | US$461.2b | US$95.7b | 29.2x | 60.7x | 12.6x |
| Tue, 07 May 2024 | US$4.9t | US$446.9b | US$84.0b | 27.9x | 58.4x | 11x |
| Thu, 04 Apr 2024 | US$4.9t | US$447.3b | US$81.7b | 29.9x | 60.3x | 11x |
| Sat, 02 Mar 2024 | US$4.6t | US$443.3b | US$81.1b | 29.9x | 57.1x | 10.4x |
| Mon, 29 Jan 2024 | US$4.0t | US$431.9b | US$71.4b | 29.5x | 55.4x | 9.2x |
| Wed, 27 Dec 2023 | US$3.6t | US$433.3b | US$69.5b | 27.7x | 51.5x | 8.3x |
| Fri, 24 Nov 2023 | US$3.3t | US$432.2b | US$70.6b | 25.4x | 46.4x | 7.6x |
| Sun, 22 Oct 2023 | US$2.8t | US$426.3b | US$65.3b | 23.4x | 43.5x | 6.7x |
| Tue, 19 Sep 2023 | US$3.0t | US$430.8b | US$68.7b | 25.3x | 43.7x | 7x |
| Thu, 17 Aug 2023 | US$2.9t | US$421.2b | US$63.0b | 24.8x | 46.4x | 6.9x |
| Sat, 15 Jul 2023 | US$3.1t | US$429.2b | US$67.3b | 23.5x | 46.2x | 7.2x |
| Mon, 12 Jun 2023 | US$2.8t | US$434.2b | US$71.9b | 23.8x | 39.6x | 6.6x |
| Wed, 10 May 2023 | US$2.3t | US$433.9b | US$70.7b | 18.6x | 32.9x | 5.4x |
| Fri, 07 Apr 2023 | US$2.4t | US$443.8b | US$85.6b | 17.7x | 27.6x | 5.3x |
| Sun, 05 Mar 2023 | US$2.3t | US$445.1b | US$90.1b | 18.4x | 25.3x | 5.1x |
| Tue, 31 Jan 2023 | US$2.1t | US$442.6b | US$91.5b | 17.8x | 22.8x | 4.7x |
| Thu, 29 Dec 2022 | US$1.8t | US$447.3b | US$96.4b | 15.5x | 18.5x | 4x |
| Sat, 26 Nov 2022 | US$2.0t | US$448.8b | US$97.5b | 17.5x | 20.4x | 4.4x |
| Mon, 24 Oct 2022 | US$1.7t | US$440.5b | US$104.0b | 15.3x | 16.2x | 3.8x |
| Wed, 21 Sep 2022 | US$1.8t | US$441.7b | US$105.0b | 16.4x | 17.4x | 4.1x |
| Fri, 19 Aug 2022 | US$2.2t | US$439.1b | US$105.3b | 19.7x | 21.2x | 5.1x |
| Sun, 17 Jul 2022 | US$2.0t | US$429.1b | US$106.9b | 18.1x | 18.4x | 4.6x |
| Tue, 14 Jun 2022 | US$1.9t | US$427.9b | US$106.0b | 18.9x | 18.3x | 4.5x |
| Thu, 12 May 2022 | US$2.0t | US$420.5b | US$104.5b | 19.2x | 19.5x | 4.9x |
Price to Earnings Ratio
19.5x
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 | 2.79% | |
| Tech | 3.97% | |
| Semiconductors | 3.32% | |
| Semiconductors | 3.40% | |
| Semiconductor Equipment | 2.34% | |
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 |
