Have your own idea? Try our Stock Screener
U.S. Semiconductors Industry Analysis
UpdatedMay 13, 2025
DataAggregated Company Financials
Companies121
- 7D9.2%
- 3M-6.2%
- 1Y18.5%
- YTD-7.9%
Over the last 7 days, the Semiconductors industry has risen 9.2%, driven by gains from NVIDIA of 8.1%. Meanwhile, Onto Innovation actually underperformed within the industry, shrinking 25% in the last week. This means that the industry has gained 19% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 13 May 2025 | US$5.6t | US$541.5b | US$109.0b | 24.8x | 51.4x | 10.3x |
| Thu, 10 Apr 2025 | US$4.4t | US$537.3b | US$108.9b | 24x | 40.2x | 8.2x |
| Sat, 08 Mar 2025 | US$5.2t | US$536.3b | US$108.3b | 30.1x | 48.1x | 9.7x |
| Mon, 03 Feb 2025 | US$5.8t | US$512.6b | US$95.1b | 30.8x | 61.5x | 11.4x |
| Wed, 01 Jan 2025 | US$6.3t | US$513.5b | US$96.7b | 30x | 64.8x | 12.2x |
| Fri, 29 Nov 2024 | US$5.9t | US$505.1b | US$93.4b | 28.9x | 63.3x | 11.7x |
| Sun, 27 Oct 2024 | US$6.3t | US$489.4b | US$101.5b | 28x | 61.7x | 12.8x |
| Tue, 24 Sep 2024 | US$5.6t | US$485.5b | US$99.5b | 26.5x | 56.3x | 11.5x |
| Thu, 22 Aug 2024 | US$5.9t | US$467.7b | US$94.9b | 29.7x | 62.4x | 12.7x |
| Sat, 20 Jul 2024 | US$5.9t | US$467.9b | US$96.6b | 28x | 61.3x | 12.7x |
| Mon, 17 Jun 2024 | US$6.3t | US$464.9b | US$94.3b | 29.4x | 66.8x | 13.6x |
| Wed, 15 May 2024 | US$4.9t | US$444.8b | US$83.3b | 28.8x | 58.6x | 11x |
| Fri, 12 Apr 2024 | US$4.8t | US$447.5b | US$81.6b | 29.5x | 58.9x | 10.7x |
| Sun, 10 Mar 2024 | US$4.9t | US$446.3b | US$78.2b | 29x | 62.6x | 11x |
| Tue, 06 Feb 2024 | US$4.1t | US$430.5b | US$71.8b | 28.8x | 57.7x | 9.6x |
| Thu, 04 Jan 2024 | US$3.4t | US$433.3b | US$69.5b | 26.5x | 49.5x | 7.9x |
| Sat, 02 Dec 2023 | US$3.2t | US$432.3b | US$70.4b | 25.4x | 45.4x | 7.4x |
| Mon, 30 Oct 2023 | US$2.8t | US$423.5b | US$63.5b | 21.9x | 43.6x | 6.5x |
| Wed, 27 Sep 2023 | US$2.9t | US$430.8b | US$68.7b | 24.3x | 41.7x | 6.6x |
| Fri, 25 Aug 2023 | US$3.0t | US$427.9b | US$68.7b | 25.8x | 43.7x | 7x |
| Sun, 23 Jul 2023 | US$3.1t | US$429.2b | US$67.3b | 23.3x | 45.6x | 7.2x |
| Tue, 20 Jun 2023 | US$3.0t | US$434.2b | US$71.9b | 23.9x | 42x | 6.9x |
| Thu, 18 May 2023 | US$2.5t | US$433.9b | US$70.3b | 20.5x | 34.9x | 5.6x |
| Sat, 15 Apr 2023 | US$2.4t | US$443.8b | US$85.6b | 18.6x | 27.5x | 5.3x |
| Mon, 13 Mar 2023 | US$2.2t | US$447.3b | US$90.2b | 17.7x | 24.5x | 4.9x |
| Wed, 08 Feb 2023 | US$2.3t | US$442.3b | US$89.0b | 19.4x | 25.5x | 5.1x |
| Fri, 06 Jan 2023 | US$1.8t | US$447.5b | US$96.4b | 16.1x | 18.9x | 4.1x |
| Sun, 04 Dec 2022 | US$2.0t | US$449.3b | US$97.5b | 16.8x | 20.7x | 4.5x |
| Tue, 01 Nov 2022 | US$1.7t | US$441.2b | US$98.7b | 15.8x | 17.7x | 4x |
| Thu, 29 Sep 2022 | US$1.7t | US$441.4b | US$105.0b | 15.7x | 16.6x | 4x |
| Sat, 27 Aug 2022 | US$2.0t | US$441.6b | US$103.7b | 18.4x | 19.7x | 4.6x |
| Mon, 25 Jul 2022 | US$2.1t | US$429.2b | US$106.9b | 19.8x | 19.5x | 4.8x |
| Wed, 22 Jun 2022 | US$1.9t | US$428.0b | US$106.0b | 18.5x | 18.3x | 4.5x |
| Fri, 20 May 2022 | US$2.1t | US$422.2b | US$105.1b | 19.4x | 20.1x | 5x |
Price to Earnings Ratio
20.1x
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 51.4x which is higher than its 3-year average PE of 43.5x.
- The 3-year average PS ratio of 8.2x is lower than the industry's current PS ratio of 10.3x.
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 8.6% 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 | 3.92% | |
| Tech | 6.41% | |
| Semiconductors | 9.23% | |
| Semiconductors | 9.24% | |
| Semiconductor Equipment | 9.16% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 48.2x.
- Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings decline of 3.0% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, which is trading close to its 3-year average of 24.3x.
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 3.0% 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$123.00 | 8.1% +US$223.8b | 36.1% | PE41.2x | |
| AVGO Broadcom | US$221.58 | 10.4% +US$98.1b | 65.7% | PE100.2x | |
| TXN Texas Instruments | US$187.28 | 15.3% +US$22.6b | -0.3% | PE35.1x | |
| QCOM QUALCOMM | US$152.12 | 9.1% +US$13.8b | -17.4% | PE15.2x | |
| MU Micron Technology | US$92.29 | 14.8% +US$13.3b | -25.0% | PE22.1x |
