Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Semiconductors Industry Analysis

UpdatedJun 03, 2026
DataAggregated Company Financials
Companies129
  • 7D6.0%
  • 3M52.0%
  • 1Y113.4%
  • YTD51.7%

Over the last 7 days, the Semiconductors industry has risen 6.0%, driven by gains from Broadcom of 14%. Meanwhile, Intel actually underperformed within the industry, shrinking 7.4% in the last week. In the last 12 months, the industry was up 113%. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the U.S. Semiconductors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 04 Jun 2026US$8.1tUS$748.2bUS$261.7b70.2x30.8x10.8x
Sat, 02 May 2026US$11.1tUS$702.1bUS$219.3b48.2x50.8x15.9x
Mon, 30 Mar 2026US$8.4tUS$697.5bUS$215.5b38.2x39.1x12.1x
Wed, 25 Feb 2026US$9.4tUS$647.8bUS$180.1b43.3x52.3x14.5x
Fri, 23 Jan 2026US$9.2tUS$640.8bUS$176.4b43.7x52.2x14.4x
Sun, 21 Dec 2025US$8.6tUS$640.7bUS$176.4b36.8x48.9x13.5x
Tue, 18 Nov 2025US$8.7tUS$610.2bUS$153.3b34.4x56.6x14.2x
Thu, 16 Oct 2025US$8.4tUS$597.4bUS$137.3b35.9x61.3x14.1x
Sat, 13 Sep 2025US$8.1tUS$593.8bUS$134.6b33.1x60.4x13.7x
Mon, 11 Aug 2025US$7.9tUS$572.2bUS$118.3b29.1x66.6x13.8x
Wed, 09 Jul 2025US$7.2tUS$566.4bUS$118.3b31.2x60.6x12.7x
Fri, 06 Jun 2025US$6.4tUS$561.3bUS$113.9b25.8x56.2x11.4x
Sun, 04 May 2025US$5.3tUS$539.5bUS$109.5b20.8x48.7x9.9x
Tue, 01 Apr 2025US$5.1tUS$537.3bUS$108.9b24.6x46.6x9.4x
Thu, 27 Feb 2025US$5.9tUS$515.8bUS$93.9b32.4x62.3x11.3x
Sat, 25 Jan 2025US$6.7tUS$513.6bUS$96.5b32.4x69.6x13.1x
Mon, 23 Dec 2024US$6.1tUS$513.5bUS$96.7b29.1x63.3x11.9x
Wed, 20 Nov 2024US$6.1tUS$488.4bUS$83.4b30.1x72.6x12.4x
Fri, 18 Oct 2024US$6.2tUS$489.1bUS$101.7b29.1x60.6x12.6x
Sun, 15 Sep 2024US$5.6tUS$485.4bUS$99.5b26.9x56.7x11.6x
Tue, 13 Aug 2024US$5.2tUS$467.2bUS$94.7b27.8x55.1x11.2x
Thu, 11 Jul 2024US$6.4tUS$467.9bUS$96.6b31.5x66.1x13.6x
Sat, 08 Jun 2024US$5.8tUS$461.2bUS$95.7b29.2x60.8x12.6x
Mon, 06 May 2024US$4.8tUS$446.9bUS$84.0b27.4x56.7x10.6x
Wed, 03 Apr 2024US$5.0tUS$447.3bUS$81.7b29.6x61x11.1x
Fri, 01 Mar 2024US$4.5tUS$443.3bUS$81.1b29.7x56.1x10.3x
Sun, 28 Jan 2024US$4.0tUS$431.9bUS$71.4b29.5x55.4x9.2x
Tue, 26 Dec 2023US$3.6tUS$433.3bUS$69.5b27.4x51.5x8.3x
Thu, 23 Nov 2023US$3.3tUS$420.1bUS$62.0b25.4x53.4x7.9x
Sat, 21 Oct 2023US$2.8tUS$426.3bUS$65.3b23.4x43.5x6.7x
Mon, 18 Sep 2023US$3.0tUS$430.9bUS$68.7b25.3x43.7x7x
Wed, 16 Aug 2023US$3.0tUS$421.3bUS$63.0b24.9x47.2x7.1x
Fri, 14 Jul 2023US$3.1tUS$429.2bUS$67.3b23.7x46.7x7.3x
Sun, 11 Jun 2023US$2.8tUS$434.2bUS$71.9b23.8x39.6x6.6x
Price to Earnings Ratio

39.6x


Total Market Cap: US$2.8tTotal Earnings: US$71.9bTotal Revenue: US$434.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 54.2x202420252026
Current Industry PE
  • Investors are pessimistic on the American Semiconductor industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 30.8x which is lower than its 3-year average PE of 54.2x.
  • The industry is trading close to its 3-year average PS ratio of 11.1x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 54% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market1.22%
Tech6.93%
Semiconductors5.97%
Semiconductors6.24%
Semiconductor Equipment3.45%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 32.4x.
    • Analysts are expecting annual earnings growth of 21.6%, which is lower than the prior year's growth of 25.6% per year.
  • Investors are most pessimistic about the Semiconductors industry, which is trading below its 3-year average of 58.9x.
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 growth rate of 14% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 22% 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
AVGO BroadcomUS$479.2313.6%
+US$271.6b		83.6%PE90.9x
MU Micron TechnologyUS$1.08k16.3%
+US$170.5b		945.6%PE50.5x
ARM Arm HoldingsUS$411.8336.0%
+US$116.5b		215.9%PE486.6x
MRVL Marvell TechnologyUS$301.6551.8%
+US$90.1b		355.0%PE104.4x
AMD Advanced Micro DevicesUS$542.529.5%
+US$76.6b		357.5%PE179.4x

Latest News

TXN
US$308.59
Texas Instruments
7D
-2.8%
1Y
61.8%
AVGO
US$479.23
Broadcom
7D
13.6%
1Y
83.6%
INTC
US$112.71
Intel
7D
-7.4%
1Y
456.6%
NVDA
US$214.75
NVIDIA
7D
1.0%
1Y
51.3%
AMD
US$542.52
Advanced Micro Devices
7D
9.5%
1Y
357.5%
MRVL
US$301.65
Marvell Technology
7D
51.8%
1Y
355.0%
MU
US$1,079.57
Micron Technology
7D
16.3%
1Y
945.6%
New Narrative • Jun 02

Micron Technology (MU): Riding the AI Supercycle to a $100B+ Revenue Horizon and Historic 40%+ Net Profit Margins

Executive Summary Micron Technology (MU) has fundamentally broken free from its historical identity as a purely cyclical, low-margin commodity memory producer. Driven by an unprecedented structural shift toward High-Bandwidth Memory (HBM) and AI-optimized data center architecture, Micron is capturing high-premium market share.
NXPI
US$321.88
NXP Semiconductors
7D
-2.2%
1Y
53.3%
Narrative Update • Jun 02

NXPI: Turned Analog Cycle And Edge AI Platforms Will Support Earnings Power

Narrative Update: NXP Semiconductors The analyst price target for NXP Semiconductors has been revised from $345.00 to about $371.24. Analysts cite a turned analog semiconductor cycle, broad-based beats and raises in Q1, and improving indicators such as pricing, lead times, and order strength across industrial and data center markets.
ARM
US$411.83
Arm Holdings
7D
36.0%
1Y
215.9%
CRDO
US$214.60
Credo Technology Group Holding
7D
-3.0%
1Y
180.7%
Narrative Update • Jun 02

CRDO: AI Connectivity Expectations Will Test Optics Execution And Concentration Risks

Analysts lifted their average price target for Credo Technology Group Holding by $100 to $270, citing recent earnings, expectations for continued growth in Active Electrical Cable, and stronger contributions from the Optics business supported by rising agentic AI related demand across the CPU and server ecosystem. Analyst Commentary Recent research points to a constructive but differentiated view on Credo Technology Group Holding, with several firms lifting price targets and highlighting the role of both Active Electrical Cable and Optics in the company’s growth mix.
AMAT
US$500.77
Applied Materials
7D
11.7%
1Y
209.3%
TSEM
US$267.91
Tower Semiconductor
7D
-3.6%
1Y
536.4%
Narrative Update • Jun 02

TSEM: Optical Networking And RF Capacity Ramp Will Shape Future Earnings Resilience

Analysts have lifted the Tower Semiconductor price target range to reflect a fair value move from about $288 to $314, citing recent positive Q1 commentary, updated estimates tied to optical datacenter networking, RF infrastructure ramp, planned capacity expansion, and revised long term revenue and operating margin goals. Analyst Commentary Bullish Takeaways Bullish analysts are tying higher valuation ranges, from about US$140 to between US$300 and US$335, to recent Q1 results and commentary that they view as supportive of the current execution.
LRCX
US$343.71
Lam Research
7D
7.8%
1Y
305.5%
AXTI
US$106.70
AXT
7D
-13.1%
1Y
6,139.8%
PLAB
US$32.11
Photronics
7D
-40.0%
1Y
78.2%
CBRS
US$214.94
Cerebras Systems
7D
-19.5%
1Y
n/a