
Key points
US semiconductor index 2-year forward P/E, 2022-2026 | Now about 11.4x, down from a June peak of 22.5x, the lowest in years
Image source: @acemaxx

US semiconductor index 2-year forward P/E, 2022-2026 | Now about 11.4x, down from a June peak of 22.5x, the lowest in years
Image source: @acemaxx