List of Mega Cap and Large Cap Semiconductor Stocks and Their Shariah-Compliance Status

Semiconductor industry

Semiconductor industry, more precisely semiconductor & semiconductor equipment industry, encompasses companies engaged in designing, manufacturing and fabricating semiconductors and semiconductor devices. Semiconductors play a vital role as essential components of electronic devices. Largest companies in the semiconductor industry include NVIDIA Corp., Taiwan Semiconductor Manufacturing Co. Ltd. and Broadcom Inc.

List of Mega Cap and Large Cap Semiconductor Stocks

Below we list down mega cap and large cap stocks from the semiconductors & semiconductor equipment industry that are listed on either the NYSE and NASDAQ. Mega cap stocks include companies with a market capitalization of $200 billion or more, while large cap stocks include companies having a market capitalization between $10 billion and $200 billion.

Note: The Shariah-compliance statuses of the stocks provided below are based on Musaffa Shariah-compliance screening of fiscal 2024 first quarter (2025 first quarter for NVDA and MRVL; 2024 third quarter for LRCX and KLAC; 2024 second quarter for QCOM, AMAT, MU, ADI and SWKS; 2024 fiscal year for ARM and MCHP) financial results using AAOIFI standards. The compliance status of stocks may undergo changes based on subsequent releases of financial results.

 
Company NameTickerExchangeMarket CapShariah-Compliance Status
NVIDIA CorpNVDANASDAQ$2.97THalal
Broadcom IncAVGONASDAQ$651.87BHalal
Taiwan Semiconductor Manufacturing Co LtdTSMNYSE$438.09BHalal
ASML Holding NVASMLNASDAQ$288.45BHalal
Advanced Micro Devices IncAMDNASDAQ$271.33BDoubtful
Qualcomm IncQCOMNASDAQ$230.59BHalal
Applied Materials IncAMATNASDAQ$183.59BHalal
Texas Instruments IncTXNNASDAQ$178.10BHalal
Micron Technology IncMUNASDAQ$145.00BHalal
Arm Holdings PLCARMNASDAQ$142.08BHalal
Intel CorpINTCNASDAQ$130.86BNot Halal
Lam Research CorpLRCXNASDAQ$125.87BHalal
Analog Devices IncADINASDAQ$116.50BHalal
KLA CorpKLACNASDAQ$103.53BHalal
NXP Semiconductors NVNXPINASDAQ$69.52BHalal
Marvell Technology IncMRVLNASDAQ$58.85BHalal
Microchip Technology IncMCHPNASDAQ$49.85BHalal
STMicroelectronics NVSTMNYSE$37.29BHalal
Monolithic Power Systems IncMPWRNASDAQ$36.58BHalal
ON Semiconductor CorpONNASDAQ$31.11BHalal
Globalfoundries IncGFSNASDAQ$26.63BHalal
Teradyne IncTERNASDAQ$22.00BHalal
Entegris IncENTGNASDAQ$19.61BHalal
United Microelectronics CorpUMCNYSE$19.07BDoubtful
Enphase Energy IncENPHNASDAQ$16.70BNot Halal
Skyworks Solutions IncSWKSNASDAQ$14.57BHalal
Onto Innovation IncONTONYSE$10.70BHalal
Source: Musaffa, June 2024

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