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U.S. Semiconductors Industry Analysis
UpdatedMay 18, 2025
DataAggregated Company Financials
Companies122
- 7D13.2%
- 3M-3.2%
- 1Y22.9%
- YTD-1.8%
In the last week, the Semiconductors industry is up 13%, with NVIDIA up 16%. In the last 12 months, the industry was up 23%. 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 |
|---|---|---|---|---|---|---|
| Sun, 18 May 2025 | US$6.2t | US$541.9b | US$109.3b | 23.5x | 56.3x | 11.4x |
| Tue, 15 Apr 2025 | US$5.0t | US$537.3b | US$108.9b | 23.1x | 46x | 9.3x |
| Thu, 13 Mar 2025 | US$5.2t | US$536.3b | US$108.3b | 28.2x | 47.6x | 9.6x |
| Sat, 08 Feb 2025 | US$6.1t | US$515.4b | US$96.1b | 31x | 63.6x | 11.9x |
| Mon, 06 Jan 2025 | US$6.5t | US$513.5b | US$96.7b | 31.2x | 67.1x | 12.6x |
| Wed, 04 Dec 2024 | US$6.1t | US$505.0b | US$93.4b | 31.1x | 65.3x | 12.1x |
| Fri, 01 Nov 2024 | US$5.9t | US$489.5b | US$101.6b | 26.9x | 58.4x | 12.1x |
| Sun, 29 Sep 2024 | US$5.8t | US$489.3b | US$101.8b | 29.2x | 57.3x | 11.9x |
| Tue, 27 Aug 2024 | US$6.0t | US$466.0b | US$94.2b | 27.9x | 63.5x | 12.8x |
| Thu, 25 Jul 2024 | US$6.0t | US$466.6b | US$95.9b | 26.9x | 62.2x | 12.8x |
| Sat, 22 Jun 2024 | US$6.3t | US$464.9b | US$94.3b | 30x | 66.6x | 13.5x |
| Mon, 20 May 2024 | US$5.0t | US$444.9b | US$83.4b | 29.5x | 60.2x | 11.3x |
| Wed, 17 Apr 2024 | US$4.7t | US$447.5b | US$81.6b | 28.2x | 57.9x | 10.6x |
| Fri, 15 Mar 2024 | US$4.9t | US$446.0b | US$78.2b | 29.6x | 62.8x | 11x |
| Sun, 11 Feb 2024 | US$4.4t | US$429.4b | US$71.2b | 29.2x | 61.1x | 10.1x |
| Tue, 09 Jan 2024 | US$3.5t | US$433.3b | US$69.5b | 26.4x | 49.8x | 8x |
| Thu, 07 Dec 2023 | US$3.1t | US$432.2b | US$70.4b | 24.8x | 44.4x | 7.2x |
| Sat, 04 Nov 2023 | US$3.0t | US$421.3b | US$62.6b | 24.3x | 47.9x | 7.1x |
| Mon, 02 Oct 2023 | US$3.0t | US$428.2b | US$65.8b | 24.8x | 44.9x | 6.9x |
| Wed, 30 Aug 2023 | US$3.1t | US$427.7b | US$68.4b | 26.9x | 45.6x | 7.3x |
| Fri, 28 Jul 2023 | US$3.1t | US$427.2b | US$66.2b | 23.3x | 46.9x | 7.3x |
| Sun, 25 Jun 2023 | US$2.9t | US$434.1b | US$71.9b | 22.9x | 40.4x | 6.7x |
| Tue, 23 May 2023 | US$2.5t | US$434.7b | US$70.4b | 21.2x | 35.8x | 5.8x |
| Thu, 20 Apr 2023 | US$2.4t | US$443.7b | US$85.6b | 18.4x | 27.8x | 5.4x |
| Sat, 18 Mar 2023 | US$2.3t | US$447.4b | US$90.2b | 18x | 25.9x | 5.2x |
| Mon, 13 Feb 2023 | US$2.2t | US$442.5b | US$89.0b | 18.3x | 24.7x | 5x |
| Wed, 11 Jan 2023 | US$2.0t | US$447.6b | US$96.4b | 17.4x | 20.4x | 4.4x |
| Fri, 09 Dec 2022 | US$2.0t | US$449.4b | US$97.5b | 17.1x | 20.5x | 4.4x |
| Sun, 06 Nov 2022 | US$1.8t | US$446.9b | US$98.4b | 15.4x | 17.9x | 3.9x |
| Tue, 04 Oct 2022 | US$1.7t | US$439.9b | US$103.8b | 15.6x | 16.6x | 3.9x |
| Thu, 01 Sep 2022 | US$1.9t | US$441.7b | US$103.7b | 17.7x | 18.8x | 4.4x |
| Sat, 30 Jul 2022 | US$2.2t | US$430.5b | US$103.8b | 19.9x | 20.9x | 5x |
| Mon, 27 Jun 2022 | US$2.0t | US$428.0b | US$106.0b | 18.4x | 18.8x | 4.6x |
| Wed, 25 May 2022 | US$2.0t | US$422.9b | US$105.3b | 19.6x | 19.4x | 4.8x |
Price to Earnings Ratio
19.4x
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 56.3x which is higher than its 3-year average PE of 43.6x.
- The 3-year average PS ratio of 8.2x is lower than the industry's current PS ratio of 11.4x.
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 | 5.34% | |
| Tech | 8.21% | |
| Semiconductors | 13.21% | |
| Semiconductors | 13.51% | |
| Semiconductor Equipment | 9.29% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 48.3x.
- Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings growth of 4.7% 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 24.4x.
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 4.7% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 11% 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$135.40 | 16.1% +US$457.3b | 46.4% | PE45.3x | |
| AVGO Broadcom | US$228.61 | 9.8% +US$96.0b | 63.8% | PE103.4x | |
| AMD Advanced Micro Devices | US$117.17 | 13.9% +US$23.2b | -28.8% | PE85.3x | |
| ARM Arm Holdings | US$135.96 | 17.4% +US$21.3b | 23.2% | PE181.5x | |
| TXN Texas Instruments | US$188.50 | 9.4% +US$14.7b | -3.3% | PE35.3x |