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U.S. Semiconductors Industry Analysis

UpdatedMay 18, 2026
DataAggregated Company Financials
Companies129
  • 7D-0.04%
  • 3M35.8%
  • 1Y101.7%
  • YTD37.7%

Last week, the Semiconductors industry hasn't moved much but NVIDIA is up 4.7% in that time. As for the the longer term, the industry is up 102% over the past 12 months. 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, 18 May 2026US$7.0tUS$708.4bUS$221.6b61.7x31.6x9.9x
Wed, 15 Apr 2026US$10.2tUS$697.9bUS$215.6b42.2x47.2x14.6x
Fri, 13 Mar 2026US$9.1tUS$682.0bUS$203.5b41.3x44.7x13.3x
Sun, 08 Feb 2026US$9.2tUS$646.6bUS$178.0b44x51.6x14.2x
Tue, 06 Jan 2026US$9.0tUS$640.8bUS$176.4b38.7x51x14x
Thu, 04 Dec 2025US$8.8tUS$631.8bUS$168.7b37.6x52.3x14x
Sat, 01 Nov 2025US$9.4tUS$601.7bUS$156.9b37.6x59.6x15.5x
Mon, 29 Sep 2025US$8.2tUS$597.4bUS$136.9b34.9x59.6x13.7x
Wed, 27 Aug 2025US$7.8tUS$573.2bUS$118.7b30.7x65.7x13.6x
Fri, 25 Jul 2025US$7.5tUS$566.9bUS$118.3b28.1x63.3x13.2x
Sun, 22 Jun 2025US$6.6tUS$563.9bUS$116.8b26.6x56.3x11.7x
Tue, 20 May 2025US$6.2tUS$541.9bUS$109.3b23.4x56.3x11.4x
Thu, 17 Apr 2025US$5.0tUS$537.3bUS$108.9b22.3x46.2x9.4x
Sat, 15 Mar 2025US$5.4tUS$537.2bUS$108.1b29.5x49.6x10x
Mon, 10 Feb 2025US$6.1tUS$515.4bUS$96.1b31x63.2x11.8x
Wed, 08 Jan 2025US$6.7tUS$513.4bUS$96.7b31.8x69.1x13x
Fri, 06 Dec 2024US$6.3tUS$504.8bUS$92.9b31x67.7x12.4x
Sun, 03 Nov 2024US$6.0tUS$488.5bUS$84.6b29x71.1x12.3x
Tue, 01 Oct 2024US$5.8tUS$489.3bUS$101.8b29.3x57.3x11.9x
Thu, 29 Aug 2024US$5.9tUS$465.6bUS$94.0b29.1x62.8x12.7x
Sat, 27 Jul 2024US$5.5tUS$466.8bUS$96.0b27.2x57.4x11.8x
Mon, 24 Jun 2024US$6.1tUS$464.9bUS$94.3b30x65x13.2x
Wed, 22 May 2024US$5.1tUS$444.8bUS$83.4b30x61.5x11.5x
Fri, 19 Apr 2024US$4.6tUS$447.5bUS$81.6b27.7x56x10.2x
Sun, 17 Mar 2024US$4.8tUS$446.0bUS$78.2b30.4x61.1x10.7x
Tue, 13 Feb 2024US$4.4tUS$429.4bUS$71.2b29x61.6x10.2x
Thu, 11 Jan 2024US$3.6tUS$433.1bUS$69.5b25.2x52.2x8.4x
Sat, 09 Dec 2023US$3.2tUS$432.6bUS$70.6b24.5x45.4x7.4x
Mon, 06 Nov 2023US$3.0tUS$421.3bUS$62.6b24.3x47.9x7.1x
Wed, 04 Oct 2023US$3.0tUS$428.2bUS$65.8b24.2x45.4x7x
Fri, 01 Sep 2023US$3.2tUS$427.8bUS$68.4b27.7x46.3x7.4x
Sun, 30 Jul 2023US$3.1tUS$424.6bUS$68.2b24.3x46.1x7.4x
Tue, 27 Jun 2023US$2.9tUS$434.0bUS$71.9b22.7x40x6.6x
Thu, 25 May 2023US$2.5tUS$434.7bUS$70.4b20.9x34.9x5.7x
Price to Earnings Ratio

34.9x


Total Market Cap: US$2.5tTotal Earnings: US$70.4bTotal Revenue: US$434.7bTotal 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 31.6x which is lower than its 3-year average PE of 54.3x.
  • The 3-year average PS ratio of 11.1x is higher than the industry's current PS ratio of 9.9x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 47% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Market-0.26%
Tech0.82%
Semiconductors-0.041%
Semiconductors0.23%
Semiconductor Equipment-2.51%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 31.8x.
    • Analysts are expecting annual earnings growth of 21.6%, which is lower than the prior year's growth of 24.5% per year.
  • Investors are most pessimistic about the Semiconductors industry, which is trading below its 3-year average of 59.2x.
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 11% 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
NVDA NVIDIAUS$225.324.7%
+US$228.9b		66.4%PE45.5x
TSEM Tower SemiconductorUS$273.9829.8%
+US$7.1b		566.5%PE125.9x
ALAB Astera LabsUS$232.6816.5%
+US$5.6b		156.9%PE149x
MRVL Marvell TechnologyUS$176.893.5%
+US$5.3b		182.8%PE57.9x
TXN Texas InstrumentsUS$302.731.7%
+US$4.5b		60.7%PE51.6x

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