Valuation Trading Multiples & Precedent Transactions: Compute and Logic Semiconductor Companies
Valuation benchmarks for Compute and Logic Semiconductor Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Compute and Logic Semiconductor Companies Market Context & Valuation Drivers
Companies in this group are public fabless and integrated designers of compute and logic semiconductors, including CPUs, GPUs, AI accelerators, SoCs, microcontrollers, and supporting interface ICs. They monetize through chip sales, licensing, and design services, competing on performance-per-watt and integration. They are grouped as trading comparables due to shared exposure to compute silicon cycles, similar R&D intensity, gross margin profiles, and common valuation benchmarks across public logic semiconductor peers.
Beyond general-purpose CPU and GPU architectures, typical offerings include AI accelerator chips for cloud and edge inference, media-processing SoCs, microcontrollers built on ARM or RISC-V, memory interface ICs such as DDR5 PMIC and SPD controllers, PCIe/CXL retimer solutions, security and trusted computing ICs, and turnkey silicon design, packaging, testing, and certification services. These products are supported by software toolchains, drivers, and ecosystem compatibility to enable rapid integration by OEMs.
Primary customers include data center operators and cloud platforms, consumer electronics and mobile OEMs, and industrial/IoT device manufacturers. Key outcomes influencing valuation include unit shipment growth and ASP trends, revenue growth and mix, gross margin resilience, and the depth of design-win pipelines across end markets. Analysts also assess R&D intensity, product refresh cadence, and software ecosystem lock-in as indicators of durable competitive positioning and public trading comparables.
2. Valuation Analysis: Public Trading Comps & Multiples for Compute and Logic Semiconductor Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Compute and Logic Semiconductor Companies sector
Comparable group 1: Compute and Logic Semiconductor Companies
Hygon Information Technology
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of high-performance processor solutions, specializing in CPUs, accelerators, and deep learning processors for computing and storage systems, catering to industries requiring advanced computing capabilities and system integration.
- Key Products:
- Hygon CPUs: Advanced central processing units offering multi-core performance and energy efficiency
- Deep Learning Processors: High-performance chips tailored for AI and neural network applications
- Drive Control Units: Specialized processors for managing data storage devices
- Accelerator Products: Hardware solutions designed to speed up computing-intensive tasks
- Custom Chip Design: Services for developing tailored semiconductor solutions for specific industrial needs
Cambricon Technologies
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of artificial intelligence core processor chips for intelligent cloud servers, terminals, and edge computing systems, specializing in advanced AI solutions for diverse applications including cloud computing, data centers, and autonomous systems.
- Key Products:
- Cloud Smart Chips: Designs high-performance AI processors for cloud computing and data centers
- Edge AI Chips: Develops chips for efficient edge computing applications
- AI Accelerator Cards: Provides accelerator cards to enhance computing power in data centers
- AI Terminal Processors: Supplies intelligent processors for smart terminals and autonomous systems
- Development Platforms: Offers platform-based software for AI development and integration.