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U.S. Semiconductors Industry Analysis

UpdatedMay 03, 2026
DataAggregated Company Financials
Companies127
  • 7D-1.3%
  • 3M19.5%
  • 1Y109.3%
  • YTD24.4%

Over the last 7 days, the Semiconductors industry has dropped 1.3%, driven by NVIDIA declining 4.7%. Meanwhile, Intel actually outperformed within the industry, gaining 21% in the last week. In the past year, the industry has gained 109%. 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
Mon, 04 May 2026US$11.2tUS$702.1bUS$219.3b48.2x51.1x16x
Wed, 01 Apr 2026US$8.6tUS$697.6bUS$215.5b38x39.7x12.3x
Fri, 27 Feb 2026US$9.6tUS$677.0bUS$201.0b43.8x47.8x14.2x
Sun, 25 Jan 2026US$9.2tUS$640.2bUS$175.9b40.8x52.2x14.4x
Tue, 23 Dec 2025US$8.6tUS$640.7bUS$176.4b36.7x49x13.5x
Thu, 20 Nov 2025US$8.4tUS$608.2bUS$153.1b34.1x55.2x13.9x
Sat, 18 Oct 2025US$8.6tUS$597.4bUS$137.3b35.9x62.6x14.4x
Mon, 15 Sep 2025US$8.1tUS$593.8bUS$134.6b33.1x60.4x13.7x
Wed, 13 Aug 2025US$7.9tUS$572.2bUS$118.3b30x66.8x13.8x
Fri, 11 Jul 2025US$7.3tUS$566.4bUS$118.3b31.9x61.7x12.9x
Sun, 08 Jun 2025US$6.4tUS$563.8bUS$116.8b26.2x54.8x11.3x
Tue, 06 May 2025US$5.3tUS$539.1bUS$108.5b22.9x49x9.9x
Thu, 03 Apr 2025US$5.1tUS$537.3bUS$108.9b24.9x46.7x9.5x
Sat, 01 Mar 2025US$5.7tUS$532.8bUS$103.5b31x55.3x10.7x
Mon, 27 Jan 2025US$6.6tUS$513.6bUS$96.5b32.4x68.1x12.8x
Wed, 25 Dec 2024US$6.4tUS$513.5bUS$96.7b30x66.3x12.5x
Fri, 22 Nov 2024US$6.2tUS$505.3bUS$93.4b30.9x66x12.2x
Sun, 20 Oct 2024US$6.2tUS$489.1bUS$101.7b29x61x12.7x
Tue, 17 Sep 2024US$5.6tUS$485.4bUS$99.5b26.6x56.7x11.6x
Thu, 15 Aug 2024US$5.6tUS$467.3bUS$94.7b27.9x58.7x11.9x
Sat, 13 Jul 2024US$6.3tUS$467.9bUS$96.6b31.3x65.3x13.5x
Mon, 10 Jun 2024US$5.8tUS$461.2bUS$95.7b28.8x60.7x12.6x
Wed, 08 May 2024US$4.8tUS$445.8bUS$83.4b28.5x58.1x10.9x
Fri, 05 Apr 2024US$4.8tUS$447.7bUS$81.6b29.3x59.4x10.8x
Sun, 03 Mar 2024US$4.8tUS$443.3bUS$81.1b29.9x59.4x10.9x
Tue, 30 Jan 2024US$4.0tUS$431.8bUS$71.4b29.7x55.4x9.2x
Thu, 28 Dec 2023US$3.6tUS$433.3bUS$69.5b27.6x52.3x8.4x
Sat, 25 Nov 2023US$3.2tUS$432.4bUS$70.6b25.2x46x7.5x
Mon, 23 Oct 2023US$2.8tUS$426.3bUS$65.3b23.4x43.5x6.7x
Wed, 20 Sep 2023US$3.0tUS$430.8bUS$68.7b25.3x43.3x6.9x
Fri, 18 Aug 2023US$2.9tUS$421.2bUS$63.0b24.8x46.4x6.9x
Sun, 16 Jul 2023US$3.1tUS$429.2bUS$67.3b23.5x46.2x7.2x
Tue, 13 Jun 2023US$2.9tUS$434.2bUS$71.9b24.3x40.8x6.8x
Thu, 11 May 2023US$2.4tUS$433.8bUS$70.7b19.2x33.2x5.4x
Price to Earnings Ratio

33.2x


Total Market Cap: US$2.4tTotal Earnings: US$70.7bTotal Revenue: US$433.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Semiconductors Industry Price to Earnings3Y Average 54.3x202420252026
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 51.1x which is lower than its 3-year average PE of 54.3x.
  • The 3-year average PS ratio of 11.0x is lower than the industry's current PS ratio of 16.0x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 46% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market0.85%
Tech0.15%
Semiconductors-1.28%
Semiconductors-0.61%
Semiconductor Equipment-7.13%
Industry PE
  • Investors are most optimistic about the Semiconductors industry even though it's trading below its 3-year average PE ratio of 59.3x.
    • Analysts are expecting annual earnings growth of 26.7%, which is higher than its past year's earnings growth of 10.2% 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 31.3x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 10% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 20% 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$99.6220.7%
+US$85.8b		383.1%PS9.3x
MU Micron TechnologyUS$542.219.2%
+US$51.3b		571.7%PE25.4x
QCOM QUALCOMMUS$177.0118.9%
+US$27.7b		26.6%PE18.8x
AMD Advanced Micro DevicesUS$360.543.7%
+US$20.8b		264.9%PE137.7x
NXPI NXP SemiconductorsUS$295.2421.0%
+US$12.9b		56.9%PE28.1x

Latest News

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RMBS
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NXPI
US$295.24
NXP Semiconductors
7D
21.0%
1Y
56.9%

NXPI: Future Edge AI Platforms Will Support Higher Long Term Earnings Power

Analysts have lifted the NXP Semiconductors fair value estimate from $305.82 to $345.00, reflecting a series of higher price targets and updated assumptions around revenue growth, discount rate and future P/E in recent research. Analyst Commentary Recent research on NXP Semiconductors shows a cluster of bullish analysts lifting price targets by a wide range of increments, from US$15 to US$60.
MCHP
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Arm Holdings
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