Semiconductor Manufacturers NAICS 334413
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Industry Summary
The 683 semiconductor manufacturers in the US design and build a variety of semiconductor and related solid-state devices including integrated circuits, memory chips, microprocessors, diodes, transistors, and solar cells. Semiconductors are used in a wide range of products, but major categories include computers and electronic devices, machinery, appliances, transportation equipment, solar panels, and lighting equipment.
Shrinking Nodes, Fewer Labs
The number of cutting-edge semiconductor manufacturers is shrinking as fewer firms have the financial resources needed to further miniaturize semiconductors.
Rapid Technology Innovation
Semiconductor manufacturers spend significant amounts of cash on research and development to meet customer demand and stay ahead of competition.
Recent Developments
Nov 13, 2025 - hina Will Cancel rare Earth Mineral Restrictions, According To Trump Administration
- Trump administration officials said in early November that China will suspend the restrictions on exporting rare earth minerals that it announced in October. China will resume issuing general licenses valid for exports of rare earths, gallium, germanium, antimony, and graphite for the benefit of US end users and their suppliers around the world, according to the Trump administration. China is the world’s largest producer of rare earth minerals that are necessary for the production of a variety of technology products.
- President Donald Trump has announced that the US will purchase a 9.9% stake in Intel for $8.9 billion, or $20.47 per share. The purchase of the 433.3 million Intel shares will be made with funding from the $5.7 billion in unpaid grants from the Biden-era CHIPS Act and $3.2 billion awarded to Intel for the Secure Enclave program, also awarded under Trump's predecessor, President Biden. The Intel investment follows a US government agreement allowing AI chip giant Nvidia NVDA to sell its H20 chips to China in exchange for receiving 15% of those sales.
- Semiconductor manufacturer TSMC plans to invest “at least” $100 billion in chip manufacturing plants in the US over the next four years as part of an effort to expand the company’s network of semiconductor factories. TSMC previously pledged to spend $65 billion on US-based fabrication plants and has received up to $6.6 billion in grants from the CHIPS Act, a major Biden administration-era law that sought to boost domestic semiconductor production. The US government considers TSMC’s heavy Taiwanese presence a strategic risk because of growing threats from the mainland Chinese government, according to TechCrunch.
- Semiconductor manufacturing industry employment decreased slightly while wages for nonsupervisory employees increased slightly during the first seven months of 2025, according to the US Bureau of Labor Statistics (BLS). Semiconductor manufacturers slightly decreased their prices during the first eight months of 2025, according to the BLS.
Industry Revenue
Semiconductor Manufacturers
Industry Structure
Industry size & Structure
A typical semiconductor manufacturer operates out of a single location, employs 294 workers, and generates about $97 million annually.
- The semiconductor manufacturing industry consists of about 683 companies which employ about 201,000 workers and generate about $66 billion annually.
- Customer industries include manufacturers of computers and electronic devices, telecommunications equipment, machinery, appliances, transportation equipment, solar panels, and lighting equipment.
- The industry is highly concentrated with the 20 largest firms representing 81% of industry revenue.
- Large companies include Intel, Global Foundries, Cypress Semiconductor, IBM, and Texas Instruments.
Industry Forecast
Industry Forecast
Semiconductor Manufacturers Industry Growth
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