undamentalytics Newsletter

Semiconductors stocks

82 US-listed companies in semiconductors, with $853.5bn of combined revenue in their latest fiscal years. NVIDIA Corporation is the largest ($215.9bn). The fastest grower with at least $100m of revenue in both years is Micron Technology, up 256.3%. The median company grew 11.7% with a net margin of 5.6%.

Companies82
Combined revenue$853.5bn
Median revenue growth11.7%
Median net margin5.6%
Median return on equity6.0%
#CompanyRevenueGrowthNet marginROEFiscal year
1 NVIDIA CorporationNVDA $215.9bn 65.5% 55.6% 101.5% 2026
2 Micron TechnologyMU $133.2bn 256.3% 63.8% 88.3% 2026
3 Taiwan Semiconductor Manufacturing Co LTDTSM $122.4bn 35.8% 44.6% 36.4% 2025
4 BroadcomAVGO $63.9bn 23.9% 36.2% 31.0% 2025
5 IntelINTC $52.9bn −0.5% −0.5% −0.3% 2025
6 QualcommQCOM $44.3bn 13.7% 12.5% 23.3% 2025
7 Advanced Micro DevicesAMD $34.6bn 34.3% 12.5% 7.2% 2025
8 ASE Technology Holding Co., Ltd.ASX $20.7bn 11.8% 6.2% 12.4% 2025
9 Texas InstrumentsTXN $17.7bn 13.0% 28.3% 30.1% 2025
10 NXP SemiconductorsNXPI $12.3bn −2.7% 16.5% 21.0% 2025
11 Stmicroelectronics N.V.STM $11.8bn −11.1% 1.4% 0.9% 2025
12 Analog DevicesADI $11.0bn 16.9% 20.6% 6.6% 2025
13 Jinkosolar Holding Co., Ltd.JKS $9.1bn −28.9% −6.8% −24.9% 2025
14 Marvell TechnologyMRVL $8.2bn 42.1% 32.6% 19.3% 2026
15 United Microelectronics CorpUMC $7.6bn 5.5% 17.0% 11.4% 2025
16 Globalfoundries Inc.GFS $6.8bn 0.6% 13.0% 7.8% 2025
17 Amkor Technology, Inc.AMKR $6.7bn 6.2% 5.6% 8.7% 2025
18 ON Semiconductor CorpON $6.0bn −15.3% 2.0% 1.5% 2025
19 Canadian Solar Inc.CSIQ $5.6bn −6.6% −1.9% −3.7% 2025
20 First Solar, Inc.FSLR $5.2bn 24.1% 29.3% 17.4% 2025
21 ARM Holdings PLCARM $4.9bn 22.8% 18.4% 12.0% 2026
22 Qnity Electronics, Inc.Q $4.8bn 9.7% 14.6% 7.8% 2025
23 Microchip Technology IncMCHP $4.7bn 7.1% 4.9% 3.4% 2026
24 Skyworks Solutions, Inc.SWKS $4.1bn −2.2% 11.7% 7.9% 2025
25 Nextpower Inc.NXT $3.6bn 20.3% 16.5% 29.6% 2026
26 Monolithic Power Systems, Inc.MPWR $2.8bn 26.4% 22.3% 19.2% 2025
27 Cirrus Logic, Inc.CRUS $2.0bn 5.3% 20.7% 20.3% 2026
28 Mobileye Global Inc.MBLY $1.9bn 14.5% −20.7% −3.3% 2025
29 Penguin Solutions, Inc.PENG $1.7bn 26.5% 10.4% 39.5% 2026
30 Tower Semiconductor LTDTSEM $1.6bn 9.1% 14.1% 7.9% 2025
31 Viavi Solutions Inc.VIAV $1.5bn 40.0% −2.0% −2.7% 2026
32 Diodes IncDIOD $1.5bn 13.0% 4.5% 3.6% 2025
33 Enphase Energy, Inc.ENPH $1.5bn 10.7% 11.7% 17.9% 2025
34 Credo Technology Group Holding LtdCRDO $1.3bn 205.7% 35.4% 34.4% 2026
35 Array Technologies, Inc.ARRY $1.3bn 40.2% −4.1% — 2025
36 Synaptics IncSYNA $1.2bn 11.4% −41.0% −42.2% 2026
37 Semtech CorpSMTC $1.0bn 15.5% −3.8% −7.4% 2026
38 IPG Photonics CorpIPGP $1.0bn 2.7% 3.1% 1.5% 2025
39 Macom Technology Solutions Holdings, Inc.MTSI $967m 32.6% −5.6% −4.4% 2025
40 Ichor Holdings, LTD.ICHR $948m 11.6% −5.6% −7.7% 2025
41 Allegro Microsystems, Inc.ALGM $890m 22.8% −1.7% −1.6% 2026
42 Silicon Motion Technology CorpSIMO $886m 10.2% 13.8% 15.3% 2025
43 Astera Labs, Inc.ALAB $853m 115.1% 25.7% 18.8% 2025
44 Photronics IncPLAB $849m −2.0% 16.1% 11.9% 2025
45 Himax Technologies, Inc.HIMX $832m −8.2% 5.3% 4.9% 2025
46 Formfactor IncFORM $785m 2.8% 6.9% 5.5% 2025
47 Silicon Laboratories Inc.SLAB $785m 34.3% −8.3% −6.0% 2025
48 Chipmos Technologies IncIMOS $769m 8.8% 2.3% 2.3% 2025
49 T1 Energy Inc.TE $755m 25572.8% −48.7% −167.5% 2025
50 Rambus IncRMBS $708m 27.1% 32.6% 18.5% 2025
51 Alpha & Omega Semiconductor LtdAOSL $679m −2.5% −6.2% −5.2% 2026
52 Daqo NEW Energy Corp.DQ $665m −35.3% −25.6% −3.9% 2025
53 Lattice Semiconductor CorpLSCC $523m 2.7% 0.6% 0.4% 2025
54 Maxlinear, IncMXL $468m 29.7% −29.2% −28.2% 2025
55 Xperi Inc.XPER $448m −9.2% −12.6% −13.4% 2025
56 Power Integrations IncPOWI $444m 5.9% 5.0% 3.1% 2025
57 Toyo Co., LtdTOYO $427m 141.5% 9.3% 46.5% 2025
58 Ambarella IncAMBA $391m 37.2% −19.4% −13.1% 2026
59 Sitime CorpSITM $327m 61.2% −13.1% −4.6% 2025
60 Indie Semiconductor, Inc.INDI $217m 0.3% −65.8% −36.9% 2025
61 Ceva IncCEVA $110m 2.5% −9.7% −3.5% 2025
62 Ambiq Micro, Inc.AMBQ $73m −4.7% −50.3% — 2025
63 Valens Semiconductor Ltd.VLN $71m 22.1% −44.7% −25.5% 2025
64 Arteris, Inc.AIP $71m 22.3% −49.2% — 2025
65 Everspin Technologies Inc.MRAM $55m 9.5% −1.1% −0.9% 2025
66 Navitas Semiconductor CorpNVTS $46m −44.9% −254.7% −29.5% 2025
67 Blaize Holdings, Inc.BZAI $39m 2386.0% −535.6% — 2025
68 NVE CorpNVEC $26m 1.8% 57.7% 25.2% 2026
69 GSI Technology IncGSIT $25m 22.4% −52.7% −24.1% 2026
70 Sealsq CorpLAES $18m 66.2% −187.3% −12.7% 2025
71 Quicklogic CorpQUIK $14m −29.9% −107.6% −62.6% 2025
72 Peraso Inc.PRSO $12m −16.3% −39.0% −117.3% 2025
73 Mobix Labs, IncMOBX $10m 53.9% −465.4% — 2025
74 Aeluma, Inc.ALMU $4m −4.4% −205.3% −24.5% 2026
75 Nano Labs LtdNA $4m −33.4% 501.6% 27.2% 2025
76 GCT Semiconductor Holding, Inc.GCTS $3m −68.6% −1513.3% — 2025
77 Poet Technologies Inc.POET $1m 2494.6% −5857.8% −61.6% 2025
78 Arbe Robotics Ltd.ARBE $1m 33.6% −4524.5% −149.6% 2025
79 Smartkem, Inc.SMTK $697,000 750.0% −1507.7% — 2025
80 Pixelworks, IncPXLW $693,000 −98.4% −3246.6% — 2025
81 Ascent Solar Technologies, Inc.ASTI $76,773 83.3% −10202.5% — 2025
82 Atomera IncATOM $65,000 −51.9% −31036.9% −92.8% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other technology industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.