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U.S. Semiconductors Industry Analysis

UpdatedSep 21, 2025
DataAggregated Company Financials
Companies123
  • 7D0.04%
  • 3M23.4%
  • 1Y45.8%
  • YTD29.9%

Over the last 7 days, the Semiconductors industry has remained flat, although notably Intel gained 23%. As for the the longer term, the industry is up 46% over the past 12 months. 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, 22 Sep 2025US$8.1tUS$593.8bUS$134.6b33.6x60.4x13.7x
Wed, 20 Aug 2025US$7.9tUS$572.7bUS$118.5b28.5x66.7x13.8x
Fri, 18 Jul 2025US$7.5tUS$566.4bUS$118.3b31x63.7x13.3x
Sun, 15 Jun 2025US$6.5tUS$563.9bUS$116.8b26.2x55.3x11.4x
Tue, 13 May 2025US$5.6tUS$541.5bUS$109.0b24.8x51.4x10.3x
Thu, 10 Apr 2025US$4.4tUS$537.3bUS$108.9b24x40.2x8.2x
Sat, 08 Mar 2025US$5.2tUS$536.3bUS$108.3b30.1x48.1x9.7x
Mon, 03 Feb 2025US$5.8tUS$512.6bUS$95.1b30.8x61.5x11.4x
Wed, 01 Jan 2025US$6.3tUS$513.5bUS$96.7b30x64.8x12.2x
Fri, 29 Nov 2024US$5.9tUS$505.1bUS$93.4b28.9x63.3x11.7x
Sun, 27 Oct 2024US$6.3tUS$489.4bUS$101.5b28x61.7x12.8x
Tue, 24 Sep 2024US$5.6tUS$485.5bUS$99.5b26.5x56.3x11.5x
Thu, 22 Aug 2024US$5.9tUS$467.7bUS$94.9b29.7x62.4x12.7x
Sat, 20 Jul 2024US$5.9tUS$467.9bUS$96.6b28x61.3x12.7x
Mon, 17 Jun 2024US$6.3tUS$464.9bUS$94.3b29.4x66.8x13.6x
Wed, 15 May 2024US$4.9tUS$444.8bUS$83.3b28.8x58.6x11x
Fri, 12 Apr 2024US$4.8tUS$447.5bUS$81.6b29.5x58.9x10.7x
Sun, 10 Mar 2024US$4.9tUS$446.3bUS$78.2b29x62.6x11x
Tue, 06 Feb 2024US$4.1tUS$430.5bUS$71.8b28.8x57.7x9.6x
Thu, 04 Jan 2024US$3.4tUS$433.3bUS$69.5b26.5x49.5x7.9x
Sat, 02 Dec 2023US$3.2tUS$432.3bUS$70.4b25.4x45.4x7.4x
Mon, 30 Oct 2023US$2.8tUS$423.5bUS$63.5b21.9x43.6x6.5x
Wed, 27 Sep 2023US$2.9tUS$430.8bUS$68.7b24.3x41.7x6.6x
Fri, 25 Aug 2023US$3.0tUS$427.9bUS$68.7b25.8x43.7x7x
Sun, 23 Jul 2023US$3.1tUS$429.2bUS$67.3b23.3x45.6x7.2x
Tue, 20 Jun 2023US$3.0tUS$434.2bUS$71.9b23.9x42x6.9x
Thu, 18 May 2023US$2.5tUS$433.9bUS$70.3b20.5x34.9x5.6x
Sat, 15 Apr 2023US$2.4tUS$443.8bUS$85.6b18.6x27.5x5.3x
Mon, 13 Mar 2023US$2.2tUS$447.3bUS$90.2b17.7x24.5x4.9x
Wed, 08 Feb 2023US$2.3tUS$442.3bUS$89.0b19.4x25.5x5.1x
Fri, 06 Jan 2023US$1.8tUS$447.5bUS$96.4b16.1x18.9x4.1x
Sun, 04 Dec 2022US$2.0tUS$449.3bUS$97.5b16.8x20.7x4.5x
Tue, 01 Nov 2022US$1.7tUS$441.2bUS$98.7b15.8x17.7x4x
Thu, 29 Sep 2022US$1.7tUS$441.4bUS$105.0b15.7x16.6x4x
Price to Earnings Ratio

16.6x


Total Market Cap: US$1.7tTotal Earnings: US$105.0bTotal Revenue: US$441.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 48.4x202320242025
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 60.4x which is higher than its 3-year average PE of 48.4x.
  • The 3-year average PS ratio of 9.1x is lower than the industry's current PS ratio of 13.7x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 8.6% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market1.49%
Tech2.51%
Semiconductors0.044%
Semiconductor Equipment9.87%
Semiconductors-0.60%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 53.5x.
    • Analysts are expecting annual earnings growth of 25.6%, which is higher than its past year's earnings decline of 3.1% 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 25.9x.
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 decline of 3.1% 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?

CompanyLast Price7D1YValuation
INTC IntelUS$29.5822.8%
+US$25.6b		35.4%PS2.6x
AMAT Applied MaterialsUS$190.1013.3%
+US$17.8b		-1.1%PE22.2x
LRCX Lam ResearchUS$126.928.5%
+US$12.6b		64.2%PE30x
KLAC KLAUS$1.04k8.4%
+US$10.7b		37.7%PE33.9x
MU Micron TechnologyUS$162.733.5%
+US$6.2b		79.0%PE29.3x

Latest News

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MU
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7D
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1Y
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TXN
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Texas Instruments
7D
-1.8%
1Y
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MTSI
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MACOM Technology Solutions Holdings
7D
-3.6%
1Y
22.6%
AMAT
US$190.10
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13.3%
1Y
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Advanced Micro Devices
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QUALCOMM
7D
3.1%
1Y
-1.2%

AI, IoT And Data Center Expansion Will Unlock Future Upside

Analysts maintain a stable price target for QUALCOMM at $177.71, supported by optimism in diversification into automotive, AI, and IoT despite conservative near-term guidance, as recent results slightly exceeded expectations and management’s transformation efforts bolster confidence in future growth. Analyst Commentary Bullish analysts highlight building momentum from emerging opportunities in advanced driver-assistance systems, robotics, personal AI devices, datacenter, and industrial automation, forecasting stronger fundamentals starting fiscal 2027.
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