Semiconductor and other electronic component manufacturing
NAICS Code: 334400
BLS projects Semiconductor and other electronic component manufacturing to grow +11.4% through 2034 - 9.0 points faster than the 2.4% average across 291 U.S. industries, faster-growing than 94% of them. It is one of the faster-growing industries in the dataset.
Where Semiconductor and other electronic component manufacturing sits among all industries
Projected 2024-2034 growth across 291 U.S. industries (BLS). This industry is marked in rose.
Where Semiconductor and other electronic component manufacturing sits by projected growth
Projected employment change across tracked industries
11.4% Top 6% higher than 94% of 291 industries
Industries, banded by projected growth
Each bar is a band; taller bars hold more industries. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source BLS Employment Projections · 2026-05-15
Expansion read
Signature: 40.3% mean employer AI exposure across 72 tracked public companies .
BLS projects above-average headcount growth here, and the SEC employer cohort for this NAICS sector is one of the denser slices we track - use the company grades below as a staffing-pattern check, not a firm-level forecast.
NAICS 334400 · 392,300 workers (2024, ×1k) · source BLS Employment Projections 2024-2034. Employer AI grades are occupation-weighted scores from our SEC cohort, not automation predictions for every establishment in Semiconductor and other electronic component manufacturing.
Public companies near this industry
SEC industry labels matching tokens from Semiconductor and other electronic component manufacturing. 72 companies scored · mean AI exposure 40.3%.
| Company | AI grade |
|---|---|
| Advanced Micro Devices Inc | B |
| Allegro Microsystems, Inc. | B |
| Ambarella Inc | B |
| Amkor Technology, Inc. | B |
| Analog Devices Inc | B |
| Applied Materials Inc /De | B |
| Applied Optoelectronics, Inc. | B |
| Arm Holdings PLC /UK | B |
Grades are occupation-weighted AI exposure from our employer corpus - not a claim that every establishment in Semiconductor and other electronic component manufacturing shares the same risk. Source: SEC company metadata + O*NET-weighted scores · as of 2026-05-15.
Peer Industries by Employment
How Semiconductor and other electronic component manufacturing (NAICS 334400) compares to industries of similar size, ordered by 2024 BLS employment.
| Industry | 2024 | Growth |
|---|---|---|
| Residential intellectual and developmental disability facilities | 405,600 | +3.1% |
| Junior colleges; local | 399,100 | -0.6% |
| Electronics and appliance retailers | 397,000 | -3.7% |
| Semiconductor and other electronic component manufacturing | 392,300 | +11.4% |
| Other insurance related activities | 382,600 | +4.2% |
| Motor vehicle and motor vehicle parts and supplies merchant wholesalers | 381,100 | +4.5% |
Peers are selected by similarity in 2024 employment. Figures in thousands. Source: BLS Employment Projections 2024-2034.
Frequently Asked Questions
How many people work in Semiconductor and other electronic component manufacturing?
As of 2024, the Semiconductor and other electronic component manufacturing industry employs approximately 392,300 workers in the United States, according to BLS Employment Projections data.
Is Semiconductor and other electronic component manufacturing growing or declining?
The Semiconductor and other electronic component manufacturing industry is projected to grow by 11.4% from 2024 to 2034, a net change of +44,500 jobs over the decade.
Which public companies sit near Semiconductor and other electronic component manufacturing?
72 tracked public companies whose SEC industry label matches Semiconductor and other electronic component manufacturing. Sample names include Advanced Micro Devices Inc, Allegro Microsystems, Inc., Ambarella Inc. Grades are occupation-weighted AI exposure scores, not company-specific automation forecasts.
How will AI affect the Semiconductor and other electronic component manufacturing industry?
Among 72 tracked public companies tied to this industry's sector, the mean occupation-weighted AI exposure score is 40.3% (most common grade B). That is a staffing-pattern signal from our employer corpus, not a forecast for every firm in Semiconductor and other electronic component manufacturing. Pair it with occupation-level AI exposure scores for role-specific risk.
Where to look next under expansion
What to do with this
Use Semiconductor and other electronic component manufacturing's employment and exposure numbers above to look up individual employers and occupations, not just the industry aggregate.
- See how public employers in this and other industries rank nationwide by AI displacement risk. Employer AI risk rankings
- Browse individual occupations to see exposure and wage detail below the industry level. Browse all occupations
- Compare this industry's outlook against a specific occupation or employer using the interactive tool. Workforce comparison tool
Industry-level figures are aggregates; individual employer and occupation outcomes vary.
Source: Bureau of Labor Statistics Employment Projections 2024-2034; SEC employer metadata for AI grades Employment figures in thousands. Employer grades are occupation-weighted exposure scores, not firm automation forecasts